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(MRK) Merck Company complete technical analysis [charts+indicators] | Buy/Sell Merck Company | (MRK) share price targets

Complete technical analysis of Merck Company (MRK) by charts plus indicators, forecast predictions and share price targets for Merck Company (MRK)

Merck Company trades in USA in Health Care sector.

Showing technical analysis as on 2022-09-21 View latest technical analysis

10 day averaged volume of Merck Company is 8118480

Date Daily Closing Price Open High Low Volume
21 Wed Sep 2022 84.53 86.25 86.50 84.52 0.886 times
20 Tue Sep 2022 86.00 86.07 86.45 85.59 0.672 times
19 Mon Sep 2022 86.64 86.85 86.94 85.64 0.954 times
16 Fri Sep 2022 87.72 86.60 87.87 86.40 1.828 times
15 Thu Sep 2022 86.75 87.15 87.43 86.20 0.986 times
14 Wed Sep 2022 86.95 87.00 87.64 86.38 1.16 times
13 Tue Sep 2022 86.28 87.32 87.61 86.11 0.942 times
12 Mon Sep 2022 88.16 88.13 89.17 87.82 0.782 times
09 Fri Sep 2022 87.34 87.59 88.17 87.27 0.922 times
08 Thu Sep 2022 87.42 86.50 87.45 86.13 0.999 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 84.6, for a target of 85.8 or 86.8

Share price targets for Merck Company (MRK)

Target Type Value
Downside Target 83.05
Upside Target 87.78
Upside Target 88.17
Upside Target 89.17
Upside Target 93.02
Upside Target 94.92
Upside Target 95.35
Upside Target 95.72

Intraday share price targets for Merck Company (MRK)

Target Type Value
Downside Intraday Target 83.72
Downside Intraday Target 82.91
Upside Intraday Target 86.14
Upside Intraday Target 87.75
Upside Intraday Target 85.33

Weekly technical analysis of Merck Company (MRK)

Date Weekly Closing Price Open High Low Volume
21 Wed Sep 2022 84.53 86.85 86.94 84.52 0.441 times
16 Fri Sep 2022 87.72 88.13 89.17 86.11 1.545 times
09 Fri Sep 2022 87.34 86.58 88.17 85.07 4.281 times
02 Fri Sep 2022 86.23 87.24 87.78 85.88 1 times
02 Fri Sep 2022 86.23 87.24 87.78 85.88 0.172 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 Merck Company (MRK)

Date Monthly Closing Price Open High Low Volume
21 Wed Sep 2022 84.53 85.64 89.17 84.52 0.671 times
31 Wed Aug 2022 85.36 89.34 93.02 85.16 0.982 times
29 Fri Jul 2022 89.34 91.30 95.35 87.42 0.625 times
30 Thu Jun 2022 91.17 91.67 95.72 83.05 1.148 times

Scroll below to view daily charts

Price has moved down 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 Merck Company (MRK)

Indicator Name Indicator Value Indicator Signal
ADX 12, 27, 39 Sell
MACD -2, -1Sell
Stochastics 20Sell
CCI -177Sell
RSI 45Sell
OBV -15930700Sell
VWAP 87Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Merck Company ( (MRK) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Merck Company ( (MRK) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Merck Company ( (MRK) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Merck Company ( (MRK) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Merck Company stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Merck Company in short term and the sell signal is strong.

Merck Company Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Merck Company in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Merck Company is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 86.88 and Merck Company (MRK) 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 Merck Company (MRK) stock. Volume based technical analysis of Merck Company (MRK) stock is negative.

Merck Company Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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Daily chart

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