Mobile app version of munafa.best
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-10-04 View latest technical analysis

10 day averaged volume of Merck Company is 8105060

Date Daily Closing Price Open High Low Volume
04 Tue Oct 2022 88.39 87.54 88.65 87.00 0.91 times
03 Mon Oct 2022 87.55 86.72 87.90 86.02 1.133 times
30 Fri Sep 2022 86.12 87.25 87.62 86.10 1.115 times
29 Thu Sep 2022 86.64 87.00 87.42 86.23 0.814 times
28 Wed Sep 2022 86.78 86.99 87.25 86.20 0.844 times
27 Tue Sep 2022 85.84 86.82 87.63 85.67 0.806 times
26 Mon Sep 2022 86.18 86.12 86.71 85.29 1.091 times
23 Fri Sep 2022 86.78 87.40 88.01 86.09 1.115 times
22 Thu Sep 2022 87.51 84.55 88.15 84.55 1.521 times
21 Wed Sep 2022 84.53 86.25 86.50 84.52 0.887 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 88.7, for a target of 87.7 or 86.82

Share price targets for Merck Company (MRK)

Target Type Value
Downside Target 83.05
Downside Target 88.15
Downside Target 88.17
Upside Target 88.65
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 86.72
Downside Intraday Target 85.06
Upside Intraday Target 89.35
Upside Intraday Target 90.32
Downside Intraday Target 87.69

Weekly technical analysis of Merck Company (MRK)

Date Weekly Closing Price Open High Low Volume
04 Tue Oct 2022 88.39 86.72 88.65 86.02 0.438 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
04 Tue Oct 2022 88.39 86.72 88.65 86.02 0.09 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 20, 12, 24 Buy
MACD -1, -1Buy
Stochastics 74Buy
CCI 187Buy
RSI 58Buy
OBV 5236200Sell
VWAP 87Buy
ADL 0Sell
ROC 3Buy
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 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 to mid 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 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 Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 86.7 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme