MERIDIAN BIOSCIENCE INC (VIVO)       31.51  -0.2 (-0.63%)

31.51  -0.2 (-0.63%)

US5895841014 - Common Stock

Technical Rating

5

We assign a technical rating of 5 out of 10 to VIVO. In the last year, VIVO was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.



The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that VIVO is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by VIVO over the past year are nicely spread over this period.
VIVO is part of the Health Care Equipment & Supplies industry. There are 222 other stocks in this industry. VIVO outperforms 95% of them.
VIVO is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so VIVO slightly outperforms the market at the moment.
In the last month VIVO has a been trading in a tight range between 31.51 and 32.29.

Statistics

1 Month 3 Months 6 Months 12 Months -0.75% -0.94% 15.77% 77.25% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 97.75 17.2 - 34.375
VIVO Weekly chart
VIVO Daily chart

Support/Resistance Analysis


31.13

33.90
When analyzing the support we notice one important area.
  • Support @31.44 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
  • A resistance zone ranging from 31.53 to 32.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 32.69 to 33.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @33.56 from a horizontal line in the daily time frame.

Setup Analysis

Setup Rating

7

VIVO has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 31.53, a Stop Loss order could be placed below this zone.


VIVO Daily chart

MERIDIAN BIOSCIENCE INC31.51

NASDAQ:VIVO (12/7/2022, 1:30:41 PM)-0.2 (-0.63%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Health Care
GICS Industry Health Care Equipment & Supplies
Performance
Today -0.63% 1 Week -0.41%
2 Weeks -0.91% 1 Month -0.75%
3 Month -0.94% 6 Month 15.77%
Volatility
ATR(14) 0.39 ATR(20)% 1.15%
ATR Inc -12.3% Range Today 0.29
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 97.75 Mansfield 1.61
10 Day High 32.25 10 Day Low 31.51
20 Day High 32.29 20 Day Low 31.51
52 Week High 34.38 52 Week Low 17.2
CS1 End 31.53 CR1 Start 31.84
Volume & EV
DER(3) -0.08% DER(5) -0.61%
Volume 74.95K Volume Incr -18.84%
Vol(5) 220.72K Vol(50) 275.48K

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