(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 2022-09-29 View latest technical analysis
10 day averaged volume of Merck Company is 8682460
|Date||Daily Closing Price||Open||High||Low||Volume|
|29 Thu Sep 2022||86.64||87.00||87.42||86.23||0.76 times|
|28 Wed Sep 2022||86.78||86.99||87.25||86.20||0.788 times|
|27 Tue Sep 2022||85.84||86.82||87.63||85.67||0.752 times|
|26 Mon Sep 2022||86.18||86.12||86.71||85.29||1.018 times|
|23 Fri Sep 2022||86.78||87.40||88.01||86.09||1.041 times|
|22 Thu Sep 2022||87.51||84.55||88.15||84.55||1.42 times|
|21 Wed Sep 2022||84.53||86.25||86.50||84.52||0.828 times|
|20 Tue Sep 2022||86.00||86.07||86.45||85.59||0.628 times|
|19 Mon Sep 2022||86.64||86.85||86.94||85.64||0.892 times|
|16 Fri Sep 2022||87.72||86.60||87.87||86.40||1.709 times|
My analysis of stock is bearish for shortterm, and stock might move down till 85.9 or till 85. Use a stoploss of 86.66 and if the stock hits stoploss, then it can shoot up till 87.43
Share price targets for Merck Company (MRK)
Intraday share price targets for Merck Company (MRK)
|Downside Intraday Target||85.41|
|Downside Intraday Target||84.18|
|Upside Intraday Target||87.75|
|Upside Intraday Target||88.86|
|Downside Intraday Target||86.52|
Weekly technical analysis of Merck Company (MRK)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|29 Thu Sep 2022||86.64||86.12||87.63||85.29||0.69 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|
|29 Thu Sep 2022||86.64||85.64||89.17||84.52||0.94 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||18, 17, 2||Buy|
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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Merck Company in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls 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 and BUY signal is strong.
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 86.65 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.