Technical Analysis for VIVO - Meridian Bioscience Inc.

Grade Last Price % Change Price Change
grade D 19.32 -20.46% -4.97
VIVO closed down 20.46 percent on Friday, August 7, 2020, on 3.34 times 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
Strong Up Down Down
Historical VIVO trend table...

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
New Downtrend Bearish 0.00%
Expansion Pivot Sell Setup Bearish Swing Setup 0.00%
Slingshot Bullish Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Wide Range Bar Range Expansion 0.00%
Earnings Movers Other 0.00%
Multiple of Ten Bearish Other 0.00%
BB Squeeze Ended Range Expansion 0.00%

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Profile

Meridian Bioscience, Inc., a life science company, develops, manufactures, sells, and distributes clinical diagnostic test kits primarily for gastrointestinal, viral, respiratory, and parasitic infectious diseases. The company's diagnostic products principally include C. difficile for the detection of gastrointestinal diseases, such as antibiotic-associated diarrhea; Rotavirus and Adenovirus products for pediatric diarrhea detection; H. pylori for the detection of stomach ulcers; EHEC test for the detection of Enterohemorrhagic E. coli infection and Campy for the detection of Campylobacter jejuni; and Group A Strep and Group B Strep tests for the detection of streptococcus bacterial infections. Its diagnostic products are also used in the detection of viral diseases, such as mononucleosis, herpes simplex, chicken pox, and shingles; organ transplant infections; parasitic diseases, including giardiasis, cryptosporidiosis, and lyme; and respiratory diseases, such as pneumonia, valley fever, influenza, and respiratory syncytial virus. The company also offers transport media that store and preserve specimen samples from patient collection to laboratory testing; and bulk antigens, antibodies, PCR/qPCR reagents, nucleotides, competent cells, and bioresearch reagents used by researchers and other diagnostic companies. In addition, it engages in the contract development and manufacture of proteins and other biologicals under cGMP conditions for use by biopharmaceutical and biotechnology companies engaged in research for new drugs and vaccines; and sale and distribution of diagnostic test kits manufactured by third-party vendors. The company markets its products through direct sales force and independent distributors primarily to hospitals, reference laboratories, and research customers in the United States, Asia, Canada, South America, Australia, Europe, Africa, and the Middle East. Meridian Bioscience, Inc. was founded in 1976 and is headquartered in Cincinnati, Ohio.
Medicine Biotechnology Antibodies Influenza Diagnostic Products Gastrointestinal Diseases Respiratory Diseases Diarrhea Pneumonia Viral Diseases Zoonoses Herpes Simplex Human Orthopneumovirus Organ Transplant Shingles Waterborne Diseases

Is VIVO 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 26.58
52 Week Low 5.51
Average Volume 720,048
200-Day Moving Average 12.67
50-Day Moving Average 21.27
20-Day Moving Average 24.14
10-Day Moving Average 24.31
Average True Range 1.83
ADX 40.03
+DI 18.53
-DI 29.63
Chandelier Exit (Long, 3 ATRs ) 21.09
Chandelier Exit (Short, 3 ATRs ) 24.55
Upper Bollinger Band 26.91
Lower Bollinger Band 21.38
Percent B (%b) -0.37
BandWidth 22.90
MACD Line 0.55
MACD Signal Line 1.06
MACD Histogram -0.5155
Fundamentals Value
Market Cap 815.37 Million
Num Shares 42.2 Million
EPS 0.50
Price-to-Earnings (P/E) Ratio 38.64
Price-to-Sales 3.13
Price-to-Book 3.70
PEG Ratio 1.29
Dividend 0.50
Dividend Yield 2.59%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 29.13
Resistance 3 (R3) 30.13 27.87 27.50
Resistance 2 (R2) 27.87 25.37 27.37 26.95
Resistance 1 (R1) 23.59 23.82 22.46 22.59 26.40
Pivot Point 21.33 21.33 20.76 20.83 21.33
Support 1 (S1) 17.05 18.83 15.92 16.05 12.24
Support 2 (S2) 14.79 17.28 14.29 11.69
Support 3 (S3) 10.51 14.79 11.15
Support 4 (S4) 9.51