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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 2022-09-30 View latest technical analysis

10 day averaged volume of Merck Company is 8541910

Date Daily Closing Price Open High Low Volume
30 Fri Sep 2022 86.12 87.25 87.62 86.10 1.058 times
29 Thu Sep 2022 86.64 87.00 87.42 86.23 0.773 times
28 Wed Sep 2022 86.78 86.99 87.25 86.20 0.801 times
27 Tue Sep 2022 85.84 86.82 87.63 85.67 0.765 times
26 Mon Sep 2022 86.18 86.12 86.71 85.29 1.035 times
23 Fri Sep 2022 86.78 87.40 88.01 86.09 1.058 times
22 Thu Sep 2022 87.51 84.55 88.15 84.55 1.443 times
21 Wed Sep 2022 84.53 86.25 86.50 84.52 0.842 times
20 Tue Sep 2022 86.00 86.07 86.45 85.59 0.639 times
19 Mon Sep 2022 86.64 86.85 86.94 85.64 0.907 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 85.9 as stoploss in an intra day buy trade for a target of 86.66. However, stock will show a bearish move below 85.9.

Share price targets for Merck Company (MRK)

Target Type Value
Downside Target 83.05
Upside Target 87.78
Upside Target 88.15
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 85.06
Downside Intraday Target 84.01
Upside Intraday Target 87.4
Upside Intraday Target 88.69
Upside Intraday Target 86.35

Weekly technical analysis of Merck Company (MRK)

Date Weekly Closing Price Open High Low Volume
30 Fri Sep 2022 86.12 86.12 87.63 85.29 0.906 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
30 Fri Sep 2022 86.12 85.64 89.17 84.52 0.989 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 17, 15, 5 Buy
MACD -1, -1Buy
Stochastics 55None
CCI 40Sell
RSI 57Buy
OBV -11323600Sell
VWAP 86Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Merck Company ( (MRK) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Merck Company ( (MRK) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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.

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 SELL signal for Merck Company in short term but SELL 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 86.39 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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