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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.

NASDAQ_MMSI
Open High Low MMSI Price Change
72.2200 72.7099 72.0500 72.1250 -0.5050
Entry Signal

MarketClub’s Trade Triangles for MMSI

long term down The long-term trend has been DOWN since Mar 6th, 2023 at 67.5100

intermediate term up The intermediate-term trend has been UP since Mar 20th, 2023 at 71.5782

short term up 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).

+60
Smart Scan Analysis for MMSI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
72.2200 72.7099 72.0500 72.1250 -0.5050
Prev. Close Volume Bid Ask Time
72.6300 54931 2023-03-28 14:07:11
Year High66.34Year High Date2018-10-02
Year Low41.55Year Low Date2018-02-09
52wk High76.1452wk High Date2022-12-13
52wk Low50.4652wk Low Date2022-07-13
Year End Close13.9Average Volume315,476
Shares Outstanding57,318Short Interest603,737
% Institutional94.2Market Cap1,544M
Assets166,396,600MLiabilities519,569,000M
P/E Ratio56.3023Beta0.54
Volatility34.38
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