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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 2022-10-03 View latest technical analysis

10 day averaged volume of Merck Company is 7961230

Date Daily Closing Price Open High Low Volume
03 Mon Oct 2022 87.55 86.72 87.90 86.02 1.154 times
30 Fri Sep 2022 86.12 87.25 87.62 86.10 1.135 times
29 Thu Sep 2022 86.64 87.00 87.42 86.23 0.829 times
28 Wed Sep 2022 86.78 86.99 87.25 86.20 0.859 times
27 Tue Sep 2022 85.84 86.82 87.63 85.67 0.82 times
26 Mon Sep 2022 86.18 86.12 86.71 85.29 1.111 times
23 Fri Sep 2022 86.78 87.40 88.01 86.09 1.135 times
22 Thu Sep 2022 87.51 84.55 88.15 84.55 1.549 times
21 Wed Sep 2022 84.53 86.25 86.50 84.52 0.903 times
20 Tue Sep 2022 86.00 86.07 86.45 85.59 0.685 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 87.5, but if it comes below 87.5, then a intra day sell could be more profitable.
If you take a sell trade below 87.5, then use 87.5 as stoploss and 86.72 as target. However if you take a buy trade in stock , then use 87.5 as stoploss and 88.5 as target.

Share price targets for Merck Company (MRK)

Target Type Value
Downside Target 83.05
Upside Target 87.90
Upside Target 88.15
Upside Target 88.17
Upside Target 89.17
Upside Target 93.02
Upside Target 95.35
Upside Target 95.72

Intraday share price targets for Merck Company (MRK)

Target Type Value
Downside Intraday Target 86.41
Downside Intraday Target 85.28
Upside Intraday Target 88.29
Upside Intraday Target 89.04
Downside Intraday Target 87.16

Weekly technical analysis of Merck Company (MRK)

Date Weekly Closing Price Open High Low Volume
03 Mon Oct 2022 87.55 86.72 87.90 86.02 0.243 times
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

Price has moved up 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
03 Mon Oct 2022 87.55 86.72 87.90 86.02 0.05 times
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

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, 14, 12 Buy
MACD -1, -1Buy
Stochastics 62None
CCI 105Buy
RSI 59Buy
OBV -2136700Sell
VWAP 87Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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 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 in or above the red cloud Prices appear to be moving up

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 86.5 and Merck Company (MRK) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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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