Technical Analysis for MMSI - Merit Medical Systems, Inc.

Grade Last Price % Change Price Change
F 72.20 0.47% 0.34
MMSI closed up 0.47 percent on Monday, March 18, 2024, on 67 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Slingshot Bearish Bearish Swing Setup 0.00%
Cup with Handle Other 0.00%
Spinning Top Other 0.00%
Oversold Stochastic Weakness 0.00%
New Downtrend Bearish 0.47%
Cup with Handle Other 0.47%
Lower Bollinger Band Walk Weakness 0.47%
Down 3 Days in a Row Weakness 0.47%
Down 4 Days in a Row Weakness 0.47%
Down 5 Days in a Row Weakness 0.47%

   Recent Intraday Alerts

Alert Time
Up 1% about 20 hours ago
60 Minute Opening Range Breakout about 21 hours ago
Rose Above Previous Day's High about 21 hours ago
Down 1% about 22 hours ago
Lower Bollinger Band Support about 22 hours ago

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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 Inflation Waste Management Catheter Dialysis Therapeutic Products Vascular Disease Interventional Radiology Cardiology Drainage Gastroenterology Radiology Artery Endoscopy Vascular Access Products Nephrology Pulmonology Vascular Surgery Coagulation Peripheral Vascular Disease Cordis Angiography Angioplasty Hemostasis Stent 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 85.57
52 Week Low 62.58
Average Volume 488,922
200-Day Moving Average 74.00
50-Day Moving Average 77.88
20-Day Moving Average 76.31
10-Day Moving Average 73.81
Average True Range 1.69
RSI (14) 29.08
ADX 27.3
+DI 14.05
-DI 30.06
Chandelier Exit (Long, 3 ATRs) 76.07
Chandelier Exit (Short, 3 ATRs) 75.94
Upper Bollinger Bands 82.18
Lower Bollinger Band 70.45
Percent B (%b) 0.15
BandWidth 15.36
MACD Line -1.66
MACD Signal Line -1.12
MACD Histogram -0.5439
Fundamentals Value
Market Cap 4.17 Billion
Num Shares 57.8 Million
EPS 1.72
Price-to-Earnings (P/E) Ratio 41.98
Price-to-Sales 3.77
Price-to-Book 3.76
PEG Ratio 2.13
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 75.16
Resistance 3 (R3) 75.07 73.99 74.66
Resistance 2 (R2) 73.99 73.24 74.04 74.50
Resistance 1 (R1) 73.10 72.78 73.55 73.19 74.33
Pivot Point 72.02 72.02 72.25 72.07 72.02
Support 1 (S1) 71.13 71.27 71.58 71.22 70.07
Support 2 (S2) 70.05 70.81 70.10 69.90
Support 3 (S3) 69.16 70.05 69.74
Support 4 (S4) 69.25