Technical Analysis for MMSI - Merit Medical Systems, Inc.

Grade Last Price % Change Price Change
A 104.08 -0.60% -0.63
MMSI closed down 0.6 percent on Wednesday, November 20, 2024, on 83 percent of normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Inside Day Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
New 52 Week Closing High Bullish -0.60%
Stochastic Reached Overbought Strength -0.60%
Overbought Stochastic Strength -0.60%
Up 3 Days in a Row Strength -0.60%
Gapped Down Weakness -0.60%
Spinning Top Other 2.85%
NR7 Range Contraction 2.85%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 18 hours ago
10 DMA Support about 21 hours ago
60 Minute Opening Range Breakdown about 21 hours ago
Gap Down Partially Closed about 23 hours ago
Down 1% about 23 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 Drainage Cardiology Gastroenterology Radiology Vascular Access Products Artery Endoscopy Nephrology Coagulation Peripheral Vascular Disease Pulmonology Vascular Surgery Angiography Angioplasty Cordis Hemostasis Stent Inflation Devices Malignant Tumors

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 105.455
52 Week Low 65.455
Average Volume 415,351
200-Day Moving Average 85.95
50-Day Moving Average 98.23
20-Day Moving Average 100.31
10-Day Moving Average 103.05
Average True Range 2.10
RSI (14) 65.03
ADX 31.1
+DI 29.07
-DI 12.99
Chandelier Exit (Long, 3 ATRs) 99.15
Chandelier Exit (Short, 3 ATRs) 99.92
Upper Bollinger Bands 106.88
Lower Bollinger Band 93.75
Percent B (%b) 0.79
BandWidth 13.10
MACD Line 1.99
MACD Signal Line 1.69
MACD Histogram 0.2936
Fundamentals Value
Market Cap 6.01 Billion
Num Shares 57.8 Million
EPS 1.72
Price-to-Earnings (P/E) Ratio 60.51
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) 106.36
Resistance 3 (R3) 106.24 105.37 105.98
Resistance 2 (R2) 105.37 104.79 105.43 105.85
Resistance 1 (R1) 104.72 104.43 105.05 104.84 105.73
Pivot Point 103.85 103.85 104.01 103.91 103.85
Support 1 (S1) 103.20 103.27 103.53 103.32 102.43
Support 2 (S2) 102.33 102.91 102.39 102.31
Support 3 (S3) 101.68 102.33 102.18
Support 4 (S4) 101.80