(MMSI) Merit Medical complete technical analysis [charts+indicators] | Buy/Sell Merit Medical | (MMSI) share price targets
Complete technical analysis of Merit Medical (MMSI) by charts plus indicators, forecast predictions and share price targets for Merit Medical (MMSI)
Merit Medical trades in USA in Health Care sector.
Showing technical analysis as on 2024-02-05 View latest technical analysis
10 day averaged volume of Merit Medical is 537780
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Feb 2024 | 78.36 | 78.65 | 79.93 | 78.34 | 0.583 times |
| 02 Fri Feb 2024 | 79.31 | 79.27 | 79.97 | 78.23 | 0.541 times |
| 01 Thu Feb 2024 | 80.03 | 78.57 | 80.08 | 77.35 | 0.867 times |
| 31 Wed Jan 2024 | 78.30 | 79.40 | 80.01 | 78.29 | 0.629 times |
| 30 Tue Jan 2024 | 79.01 | 80.24 | 80.43 | 78.90 | 0.508 times |
| 29 Mon Jan 2024 | 80.26 | 78.18 | 80.32 | 77.91 | 0.8 times |
| 26 Fri Jan 2024 | 78.12 | 78.50 | 78.50 | 77.36 | 0.536 times |
| 25 Thu Jan 2024 | 78.23 | 80.69 | 81.40 | 77.99 | 1.702 times |
| 24 Wed Jan 2024 | 79.88 | 81.52 | 81.99 | 79.84 | 1.769 times |
| 23 Tue Jan 2024 | 81.00 | 81.53 | 81.88 | 79.98 | 1.294 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 78.1 as stoploss in an intra day buy trade for a target of 79.04. However, stock will show a bearish move below 78.1.
Share price targets for Merit Medical (MMSI)
| Target Type | Value |
| Downside Target | 62.58 |
| Downside Target | 65.46 |
| Downside Target | 68.56 |
| Downside Target | 73.84 |
| Downside Target | 76.99 |
| Upside Target | 79.02 |
| Upside Target | 79.87 |
| Upside Target | 79.93 |
| Upside Target | 80.08 |
| Upside Target | 80.43 |
| Upside Target | 81.99 |
Intraday share price targets for Merit Medical (MMSI)
| Target Type | Value |
| Downside Intraday Target | 77.82 |
| Downside Intraday Target | 77.29 |
| Upside Intraday Target | 79.41 |
| Upside Intraday Target | 80.47 |
| Upside Intraday Target | 78.88 |
Weekly technical analysis of Merit Medical (MMSI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Feb 2024 | 78.36 | 78.65 | 79.93 | 78.34 | 0.174 times |
| 02 Fri Feb 2024 | 79.31 | 78.18 | 80.43 | 77.35 | 0.503 times |
| 26 Fri Jan 2024 | 78.12 | 79.67 | 81.99 | 77.36 | 1.267 times |
| 19 Fri Jan 2024 | 79.00 | 78.43 | 79.02 | 76.99 | 6.094 times |
| 12 Fri Jan 2024 | 79.00 | 79.47 | 79.87 | 78.50 | 0.126 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Merit Medical (MMSI)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Mon Feb 2024 | 78.36 | 78.57 | 80.08 | 77.35 | 0.066 times |
| 31 Wed Jan 2024 | 78.30 | 75.50 | 81.99 | 74.21 | 0.98 times |
| 29 Fri Dec 2023 | 75.96 | 71.50 | 77.34 | 65.46 | 3.684 times |
| 30 Thu Nov 2023 | 71.56 | 68.74 | 73.84 | 68.56 | 0.676 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Merit Medical (MMSI)
Price action analysis of Merit Medical ( (MMSI) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Merit Medical ( (MMSI) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Merit Medical ( (MMSI) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Merit Medical ( (MMSI) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Merit Medical stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Merit Medical in short term but the sell signal is initial and weak.
Merit Medical Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Merit Medical in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Merit Medical is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 79.39 and Merit Medical (MMSI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Merit Medical (MMSI) stock. Volume based technical analysis of Merit Medical (MMSI) stock is negative.
Merit Medical Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Merit Medical ( (MMSI) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Merit Medical ( (MMSI) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Merit Medical ( (MMSI) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Merit Medical ( (MMSI) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Merit Medical stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Merit Medical in short term but the sell signal is initial and weak.
Merit Medical Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Merit Medical in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Merit Medical is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 79.39 and Merit Medical (MMSI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Merit Medical (MMSI) stock. Volume based technical analysis of Merit Medical (MMSI) stock is negative.
Merit Medical Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.