Stock Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Merit Medical Systems, Inc. (NASDAQ:MMSI)
Crossroads (+60) - MMSI is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MMSI?
MarketClub looks at technical strength and momentum to determine if the timing is right for MMSI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MMSI
The long-term trend has been DOWN since Mar 6th, 2023 at 67.5100
The intermediate-term trend has been UP since Mar 20th, 2023 at 71.5782
The short-term trend has been UP since Mar 20th, 2023 at 71.1800
Smart Scan Analysis for MMSI
Based on our trend formula, MMSI is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||66.34||Year High Date||2018-10-02|
|Year Low||41.55||Year Low Date||2018-02-09|
|52wk High||76.14||52wk High Date||2022-12-13|
|52wk Low||50.46||52wk Low Date||2022-07-13|
|Year End Close||13.9||Average Volume||315,476|
|Shares Outstanding||57,318||Short Interest||603,737|
|% Institutional||94.2||Market Cap||1,544M|