Technical Analysis for MMSI - Merit Medical Systems, Inc.

Grade Last Price % Change Price Change
D 55.04 4.72% 2.48
MMSI closed up 4.72 percent on Friday, March 5, 2021, on 89 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Signals

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

Date Alert Name Type % Chg
Stochastic Buy Signal Bullish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Below Lower BB Weakness 4.72%
Down 3 Days in a Row Weakness 4.72%
Down 4 Days in a Row Weakness 4.72%
Lower Bollinger Band Touch Weakness 4.72%
Oversold Stochastic Weakness 4.72%
Stochastic Reached Oversold Weakness 0.42%
Older End-of-Day Signals for MMSI ...

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

Alert Time
Up 1 ATR about 6 hours ago
Up 3% about 7 hours ago
60 Minute Opening Range Breakout about 8 hours ago
Up 2% about 8 hours ago
Fell Below Previous Day's Low about 10 hours ago
View Earlier Intraday Alerts

Get this analysis on your stocks daily!

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. 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 Catheter Health Care Waste Management Inflation Therapeutic Product Dialysis Therapeutic Products Catheters Drainage Radiology Cardiology Gastroenterology Interventional Radiology Vascular Diseases Artery Vascular Access Access Products Endoscopy 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 61.23
52 Week Low 25.18
Average Volume 250,651
200-Day Moving Average 49.56
50-Day Moving Average 56.63
20-Day Moving Average 57.56
10-Day Moving Average 55.37
Average True Range 1.90
ADX 23.75
+DI 12.39
-DI 28.71
Chandelier Exit (Long, 3 ATRs ) 55.52
Chandelier Exit (Short, 3 ATRs ) 58.14
Upper Bollinger Band 62.37
Lower Bollinger Band 52.75
Percent B (%b) 0.24
BandWidth 16.72
MACD Line -0.76
MACD Signal Line -0.23
MACD Histogram -0.5297
Fundamentals Value
Market Cap 3.06 Billion
Num Shares 55.5 Million
EPS 0.33
Price-to-Earnings (P/E) Ratio 165.78
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) 59.29
Resistance 3 (R3) 58.89 57.07 58.58
Resistance 2 (R2) 57.07 55.99 57.27 58.34
Resistance 1 (R1) 56.06 55.32 56.57 56.46 58.11
Pivot Point 54.24 54.24 54.50 54.44 54.24
Support 1 (S1) 53.23 53.16 53.74 53.63 51.97
Support 2 (S2) 51.41 52.49 51.61 51.74
Support 3 (S3) 50.40 51.41 51.50
Support 4 (S4) 50.80