(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)
Intraday share price targets for Merck Company (MRK)
|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|
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.