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Stock Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Mersana Therapeutics, Inc. (NASDAQ:MRSN)

Crossroads (-60) - MRSN 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 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.

NASDAQ_MRSN
Open High Low MRSN Price Change
2.8400 2.9575 2.7600 2.9300 +0.0800
Entry Signal

MarketClub’s Trade Triangles for MRSN

long term up The long-term trend has been UP since Nov 20th, 2023 at 1.72

intermediate term down The intermediate-term trend has been DOWN since Mar 25th, 2024 at 4.55

short term down The short-term trend has been DOWN since Apr 17th, 2024 at 3.68

Smart Scan Analysis for MRSN

Based on our trend formula, MRSN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for MRSN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.8400 2.9575 2.7600 2.9300 +0.0800
Prev. Close Volume Bid Ask Time
2.8500 617007 2024-04-26 15:59:12
Year High23.9565Year High Date2018-05-29
Year Low5.07Year Low Date2018-11-20
52wk High9.6252wk High Date2023-06-12
52wk Low0.801452wk Low Date2023-07-27
Average Volume1,625,025Shares Outstanding121,303
Market Cap99MAssets226,060,000M
Liabilities189,156,000MP/E Ratio-2.90200000
Volatility98.57
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