(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 2024-02-28 View latest technical analysis
10 day averaged volume of Merck Company is 5935440
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 128.19 | 129.34 | 129.40 | 127.70 | 0.96 times |
| 27 Tue Feb 2024 | 129.03 | 128.26 | 129.16 | 127.80 | 0.805 times |
| 26 Mon Feb 2024 | 128.84 | 129.38 | 129.70 | 128.47 | 0.869 times |
| 23 Fri Feb 2024 | 129.45 | 129.79 | 130.24 | 128.86 | 0.872 times |
| 22 Thu Feb 2024 | 129.26 | 128.15 | 129.72 | 127.65 | 1.098 times |
| 21 Wed Feb 2024 | 128.12 | 127.44 | 128.16 | 126.80 | 0.817 times |
| 20 Tue Feb 2024 | 127.37 | 128.13 | 129.29 | 127.21 | 1.171 times |
| 16 Fri Feb 2024 | 127.79 | 126.50 | 128.09 | 126.17 | 1.056 times |
| 15 Thu Feb 2024 | 126.54 | 125.97 | 127.23 | 125.95 | 0.97 times |
| 14 Wed Feb 2024 | 125.82 | 125.61 | 126.03 | 124.82 | 1.116 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 128.8 as stoploss in an intra day sell trade for a target of 126.87. However, stock will show a bullish move above 128.8.
Share price targets for Merck Company (MRK)
| Target Type | Value |
| Downside Target | 99.14 |
| Downside Target | 102.65 |
| Downside Target | 105.17 |
| Downside Target | 120.18 |
| Downside Target | 122.77 |
| Downside Target | 127.56 |
| Downside Target | 127.70 |
| Downside Target | 128.06 |
| Downside Target | 128.09 |
| Upside Target | 129.70 |
| Upside Target | 130.24 |
Intraday share price targets for Merck Company (MRK)
| Target Type | Value |
| Downside Intraday Target | 127.36 |
| Downside Intraday Target | 126.53 |
| Upside Intraday Target | 129.36 |
| Upside Intraday Target | 130.53 |
| Upside Intraday Target | 128.53 |
Weekly technical analysis of Merck Company (MRK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 128.19 | 129.38 | 129.70 | 127.70 | 0.665 times |
| 23 Fri Feb 2024 | 129.45 | 128.13 | 130.24 | 126.80 | 0.754 times |
| 16 Fri Feb 2024 | 127.79 | 125.00 | 128.09 | 124.40 | 0.888 times |
| 09 Fri Feb 2024 | 125.45 | 126.98 | 128.06 | 125.04 | 0.714 times |
| 02 Fri Feb 2024 | 126.41 | 121.35 | 127.56 | 120.18 | 1.362 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 |
| 28 Wed Feb 2024 | 128.19 | 123.65 | 130.24 | 122.77 | 0.712 times |
| 31 Wed Jan 2024 | 120.78 | 109.16 | 122.85 | 109.16 | 0.955 times |
| 29 Fri Dec 2023 | 109.02 | 102.85 | 109.24 | 102.65 | 1.118 times |
| 30 Thu Nov 2023 | 102.48 | 103.55 | 105.17 | 99.80 | 1.058 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)
Price action analysis of Merck Company ( (MRK) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 mid to longer 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.
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 SELL signal for Merck Company in short term but the sell signal is initial and weak.
Merck Company Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 but buying is losing 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 127.97 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Merck Company ( (MRK) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 mid to longer 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.
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 SELL signal for Merck Company in short term but the sell signal is initial and weak.
Merck Company Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 but buying is losing 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 127.97 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.