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Merit Medical Bullish Moving Average Crossover Alert (MMSI)

By David Diaz

Today, shares of Merit Medical (NASDAQ:MMSI) have advanced above their 10-day MA of $45.75 on a volume of 284K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Merit Medical share prices have moved between a 52-week high of $49.50 and a 52-week low of $18.22 and are now trading 161% above that low price at $47.50 per share. The 200-day and 50-day moving averages have moved 0.21% lower and 1.00% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Merit Medical and will alert subscribers who have MMSI in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses merit medical

Ticker(s): MMSI