(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 2022-09-27 View latest technical analysis
10 day averaged volume of Merck Company is 9052120
|Date||Daily Closing Price||Open||High||Low||Volume|
|27 Tue Sep 2022||85.84||86.82||87.63||85.67||0.722 times|
|26 Mon Sep 2022||86.18||86.12||86.71||85.29||0.977 times|
|23 Fri Sep 2022||86.78||87.40||88.01||86.09||0.998 times|
|22 Thu Sep 2022||87.51||84.55||88.15||84.55||1.362 times|
|21 Wed Sep 2022||84.53||86.25||86.50||84.52||0.794 times|
|20 Tue Sep 2022||86.00||86.07||86.45||85.59||0.603 times|
|19 Mon Sep 2022||86.64||86.85||86.94||85.64||0.856 times|
|16 Fri Sep 2022||87.72||86.60||87.87||86.40||1.64 times|
|15 Thu Sep 2022||86.75||87.15||87.43||86.20||0.885 times|
|14 Wed Sep 2022||86.95||87.00||87.64||86.38||1.04 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 85.9, but if it comes above 85.9, then a intra day buy could be more profitable.
If you take a sell trade below 85.9, then use 85.9 as stoploss and 84.9 as target. However if you take a buy trade in stock , then use 85.9 as stoploss and 86.66 as target.
Share price targets for Merck Company (MRK)
Intraday share price targets for Merck Company (MRK)
|Downside Intraday Target||84.88|
|Downside Intraday Target||83.91|
|Upside Intraday Target||87.22|
|Upside Intraday Target||88.59|
|Upside Intraday Target||86.25|
Weekly technical analysis of Merck Company (MRK)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|27 Tue Sep 2022||85.84||86.12||87.63||85.29||0.368 times|
|23 Fri Sep 2022||86.78||86.85||88.15||84.52||0.903 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|
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|
|27 Tue Sep 2022||85.84||85.64||89.17||84.52||0.868 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 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 Merck Company (MRK)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||19, 20, 3||Sell|
Price action analysis of Merck Company ( (MRK) ) based on a short 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.
Price action analysis of Merck Company ( (MRK) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Merck Company ( (MRK) ) based on a short to mid term time period is
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 Weak and stock is losing momentum.
MACD generated a BUY signal for Merck Company in short term but the buy signal is initial and weak.
Merck Company 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Merck Company in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 86.68 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.