Technical Analysis for MMSI - Merit Medical Systems, Inc.

Grade Last Price % Change Price Change
grade D 43.77 -2.17% -0.97
MMSI closed down 2.17 percent on Monday, August 10, 2020, on 69 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Flat Down
Historical MMSI trend table...

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Crossed Above 20 DMA Bullish -2.17%
Crossed Above 50 DMA Bullish -2.17%
MACD Bullish Centerline Cross Bullish -2.17%
Expansion Pivot Buy Setup Bullish Swing Setup -2.17%
50 DMA Resistance Bearish 3.30%
MACD Bearish Centerline Cross Bearish 3.30%

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Merit Medical Systems, Inc. designs, develops, manufactures, and markets medical devices for use in interventional and diagnostic procedures worldwide. The company's Cardiovascular segment offers cardiology and radiology devices, which assist in diagnosing and treating coronary arterial disease, peripheral vascular disease, and other non-vascular diseases; and the embolotherapeutic products. Its devices include inflation devices; hemostasis valves; vascular retrieval devices; vascular access products; diagnostic catheters; guide wires and torque devices; angiography and angioplasty accessories; safety and waste management systems; radial artery compression devices; drainage catheters and accessories; paracentesis, thoracentesis, and pericardiocentesis catheters; therapeutic infusion catheters; embolic microspheres; multipurpose microcatheters; and dialysis and interventional nephrology products. The company's Endoscopy segment provides gastroenterology and pulmonology medical devices that assist in the palliative treatment of expanding esophageal, tracheobronchial, and biliary strictures caused by malignant tumors. Its devices consist of airway, esophageal, and biliary stents; stent sizing devices; guide wires for non-vascular procedures; bipolar coagulation probes; inflation devices; and cholangiography rapid refill continuous injection kits, as well as specialty procedure products, such as discography products and pressure sensors. Merit Medical Systems, Inc. primarily serves hospitals and clinic-based cardiologists, radiologists, anesthesiologists, physiatrists, neurologists, nephrologists, vascular surgeons, interventional gastroenterologists and pulmonologists, thoracic surgeons, technicians, and nurses. The company sells its products through direct sales force, distributors, original equipment manufacturer partners, and custom procedure tray manufacturers. Merit Medical Systems, Inc. was founded in 1987 and is headquartered in South Jordan, Utah.
Medicine Health Care Catheter Catheters Dialysis Interventional Radiology Vascular Surgery Cordis Drainage Peripheral Vascular Disease Markets Medical Devices Stent Angiography Angioplasty Inflation Devices Radiology Vascular Access Products

Is MMSI a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 47.99
52 Week Low 19.5
Average Volume 401,367
200-Day Moving Average 36.62
50-Day Moving Average 43.89
20-Day Moving Average 44.10
10-Day Moving Average 44.34
Average True Range 2.05
ADX 11.02
+DI 18.99
-DI 21.54
Chandelier Exit (Long, 3 ATRs ) 41.83
Chandelier Exit (Short, 3 ATRs ) 46.66
Upper Bollinger Band 46.91
Lower Bollinger Band 41.29
Percent B (%b) 0.44
BandWidth 12.75
MACD Line 0.02
MACD Signal Line 0.13
MACD Histogram -0.1115
Fundamentals Value
Market Cap 2.19 Billion
Num Shares 50 Million
EPS 0.70
Price-to-Earnings (P/E) Ratio 62.53
Price-to-Sales 2.84
Price-to-Book 2.86
PEG Ratio 3.34
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 45.99
Resistance 3 (R3) 46.16 45.59 45.62
Resistance 2 (R2) 45.59 45.02 45.51 45.50
Resistance 1 (R1) 44.68 44.68 44.40 44.51 45.37
Pivot Point 44.11 44.11 43.97 44.03 44.11
Support 1 (S1) 43.20 43.54 42.92 43.03 42.17
Support 2 (S2) 42.63 43.20 42.55 42.04
Support 3 (S3) 41.72 42.63 41.92
Support 4 (S4) 41.55