Is Merit Medical Systems, Inc. technically bullish or bearish?

As of 31 October 2025, the technical trend for Merit Medical Systems, Inc. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by daily moving averages indicating a bearish signal, while the weekly MACD and KST show mild bullishness. The Bollinger Bands are bullish on the weekly timeframe but mildly bearish on the monthly. Overall, the mixed signals suggest a lack of strong momentum in either direction.
In terms of performance, the stock has underperformed the S&P 500 year-to-date and over the past year, with returns of -9.70% and -11.60% respectively, compared to the S&P's 16.30% and 19.89%. However, over the 3-year and 5-year periods, the stock has outperformed the index with returns of 31.18% and 72.68% respectively.