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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.

Open High Low MRSN Price Change
7.510 7.960 7.380 7.575 +0.055
Entry Signal

MarketClub’s Trade Triangles for MRSN

long term up The long-term trend has been UP since May 5th, 2023 at 7.22

intermediate term down The intermediate-term trend has been DOWN since May 30th, 2023 at 6.88

short term up 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).

Smart Scan Analysis for MRSN
Strong Downtrend Sideways 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 High23.9565Year High Date2018-05-29
Year Low5.07Year Low Date2018-11-20
52wk High8.3952wk High Date2023-05-10
52wk Low2.91552wk Low Date2022-06-14
Average Volume2,114,912Shares Outstanding114,386
Market Cap99MAssets296,195,000M
Liabilities231,901,000MP/E Ratio-2.90200000
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