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Stock Trend Analysis Report
Prepared for you on Friday, June 2, 2023.
Mersana Therapeutics, Inc. (NASDAQ:MRSN)
Sidelines Mode (-55) - MRSN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MRSN?
MarketClub looks at technical strength and momentum to determine if the timing is right for MRSN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MRSN
The long-term trend has been UP since May 5th, 2023 at 7.22
The intermediate-term trend has been DOWN since May 30th, 2023 at 6.88
The short-term trend has been UP since Jun 1st, 2023 at 7.81
Smart Scan Analysis for MRSN
Based on our trend formula, MRSN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.510 | 7.960 | 7.380 | 7.575 | +0.055 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.570 | 1460479 | 2023-06-01 15:59:11 |
| Year High | 23.9565 | Year High Date | 2018-05-29 |
| Year Low | 5.07 | Year Low Date | 2018-11-20 |
| 52wk High | 8.39 | 52wk High Date | 2023-05-10 |
| 52wk Low | 2.915 | 52wk Low Date | 2022-06-14 |
| Average Volume | 2,114,912 | Shares Outstanding | 114,386 |
| Market Cap | 99M | Assets | 296,195,000M |
| Liabilities | 231,901,000M | P/E Ratio | -2.90200000 |
| Volatility | 98.57 |