MERIT MEDICAL SYSTEMS INC (MMSI)
US5898891040 - Common Stock
Overall MMSI gets a technical rating of 6 out of 10. In the last year, MMSI was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month MMSI has a been trading in the 95.51 - 108.08 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that MMSI is one of the better performing stocks in the market, outperforming 78% of all stocks. On top of that, MMSI also shows a nice and consistent pattern of rising prices.
MMSI is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry. MMSI outperforms 74% of them.
MMSI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MMSI is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Volume is considerably higher in the last couple of days.
MMSI has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
83.53
106.58
When analyzing the support we can see 3 important areas.
- A support zone ranging from 95.98 to 98.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @93.76 from a horizontal line in the daily time frame.
- Support @84.37 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 99.52 to 102.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 105.33 to 105.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.73
Mansfield0.19
10 Day High108.08
10 Day Low95.51
20 Day High108.08
20 Day Low95.51
52 Week High108.08
52 Week Low70.7
Performance
1 Week-0.93%
2 Weeks-5.5%
1 Month-6.52%
3 Month0.41%
6 Month14.11%
12 Month29.12%
2 Year38.88%
3 Year57.43%
5 Year214.16%
10 Year465.96%
15 Year409.77%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.87
RSI(14)39.82
LBB94.82
UBB107.56
MERIT MEDICAL SYSTEMS INC
NASDAQ:MMSI (12/24/2024, 7:25:54 PM)
After market: 98.08 0 (0%)98.08
+0.47 (+0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.48%
1 Week-0.93%
2 Weeks-5.5%
1 Month-6.52%
3 Month0.41%
6 Month14.11%
12 Month29.12%
2 Year38.88%
3 Year57.43%
5 Year214.16%
10 Year465.96%
15 Year409.77%
Volatility
ATR(14)2.59
ATR(20)%2.46%
ATR Inc-40.63%
Range Today1.42
ADR(20)2.31
ADR(20)%2.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.73
Mansfield0.19
10 Day High108.08
10 Day Low95.51
20 Day High108.08
20 Day Low95.51
52 Week High108.08
52 Week Low70.7
CS1 End98.07
CR1 Start99.52
Volume & EV
DER(3)-1.36%
DER(5)0.66%
Volume166.30K
Volume Incr58.3%
Vol(5)591.96K
Vol(50)426.49K