Technical Analysis for MMSI - Merit Medical Systems, Inc.

Grade Last Price % Change Price Change
D 61.7 -0.47% -0.29
MMSI closed down 0.47 percent on Wednesday, June 16, 2021, on 50 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 EOD Trading Signals

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

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
MACD Bullish Centerline Cross Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Crossed Above 50 DMA Bullish -0.47%
Bollinger Band Squeeze Range Contraction -0.47%
Fell Below 50 DMA Bearish 0.28%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.28%
Bollinger Band Squeeze Range Contraction 0.28%
Inside Day Range Contraction 0.28%
Crossed Above 50 DMA Bullish -0.48%
Older End-of-Day Signals for MMSI ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Fell Below 50 DMA about 4 hours ago
50 DMA Support about 8 hours ago
Down 1% about 8 hours ago
Rose Above Previous Day's High about 9 hours ago
60 Minute Opening Range Breakout 1 day ago
View Earlier Intraday Alerts

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Profile

Merit Medical Systems, Inc. Description

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.


Classification

Sector: Healthcare
Industry: Medical Instruments & Supplies
Keywords: Medicine Health Care Catheter Waste Management Inflation Therapeutic Product Dialysis Therapeutic Products Catheters Cardiology Drainage Radiology Gastroenterology Interventional Radiology Vascular Diseases Artery Endoscopy Vascular Access Access Products Pulmonology Vascular Surgery Coagulation Nephrology Cordis Peripheral Vascular Disease Hemostasis Markets Medical Devices Angiography Angioplasty Ricard Stent Vascular Access Products Inflation Devices

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 65.45
52 Week Low 39.44
Average Volume 211,803
200-Day Moving Average 55.27
50-Day Moving Average 61.73
20-Day Moving Average 61.22
10-Day Moving Average 61.02
Average True Range 1.37
ADX 10.9
+DI 20.77
-DI 18.22
Chandelier Exit (Long, 3 ATRs) 59.74
Chandelier Exit (Short, 3 ATRs) 62.49
Upper Bollinger Bands 63.15
Lower Bollinger Band 59.28
Percent B (%b) 0.63
BandWidth 6.31
MACD Line 0.02
MACD Signal Line -0.12
MACD Histogram 0.1481
Fundamentals Value
Market Cap 3.43 Billion
Num Shares 55.5 Million
EPS 0.33
Price-to-Earnings (P/E) Ratio 185.84
Price-to-Sales 3.15
Price-to-Book 3.26
PEG Ratio 2.65
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 63.29
Resistance 3 (R3) 63.33 62.84 63.03
Resistance 2 (R2) 62.84 62.44 62.82 62.94
Resistance 1 (R1) 62.27 62.18 62.03 62.23 62.85
Pivot Point 61.78 61.78 61.66 61.76 61.78
Support 1 (S1) 61.21 61.38 60.97 61.17 60.55
Support 2 (S2) 60.72 61.12 60.70 60.46
Support 3 (S3) 60.15 60.72 60.38
Support 4 (S4) 60.11