(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 2024-03-04 View latest technical analysis
10 day averaged volume of Merck Company is 6266870
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 124.05 | 124.46 | 126.54 | 123.29 | 2.028 times |
| 01 Fri Mar 2024 | 126.96 | 126.87 | 127.85 | 126.42 | 0.961 times |
| 29 Thu Feb 2024 | 127.15 | 128.10 | 128.85 | 127.06 | 1.795 times |
| 28 Wed Feb 2024 | 128.19 | 129.34 | 129.40 | 127.70 | 0.909 times |
| 27 Tue Feb 2024 | 129.03 | 128.26 | 129.16 | 127.80 | 0.763 times |
| 26 Mon Feb 2024 | 128.84 | 129.38 | 129.70 | 128.47 | 0.823 times |
| 23 Fri Feb 2024 | 129.45 | 129.79 | 130.24 | 128.86 | 0.826 times |
| 22 Thu Feb 2024 | 129.26 | 128.15 | 129.72 | 127.65 | 1.04 times |
| 21 Wed Feb 2024 | 128.12 | 127.44 | 128.16 | 126.80 | 0.774 times |
| 20 Tue Feb 2024 | 127.37 | 128.13 | 129.29 | 127.21 | 1.109 times |
Stock of Merck Company (MRK) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 124, for a target of 125.7 or 127.1
Share price targets for Merck Company (MRK)
| Target Type | Value |
| Downside Target | 99.80 |
| Downside Target | 102.65 |
| Downside Target | 105.17 |
| Downside Target | 109.16 |
| Downside Target | 122.77 |
| Upside Target | 126.80 |
| Upside Target | 127.85 |
| Upside Target | 128.06 |
| Upside 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 | 122.71 |
| Downside Intraday Target | 121.38 |
| Upside Intraday Target | 125.96 |
| Upside Intraday Target | 127.88 |
| Upside Intraday Target | 124.63 |
Weekly technical analysis of Merck Company (MRK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 124.05 | 124.46 | 126.54 | 123.29 | 0.386 times |
| 01 Fri Mar 2024 | 126.96 | 129.38 | 129.70 | 126.42 | 1.4 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 |
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 |
| 04 Mon Mar 2024 | 124.05 | 126.87 | 127.85 | 123.29 | 0.135 times |
| 29 Thu Feb 2024 | 127.15 | 123.65 | 130.24 | 122.77 | 0.775 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 |
Scroll below to view daily charts
Price has moved down 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Merck Company ( (MRK) ) based on a short 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.
Price action analysis of Merck Company ( (MRK) ) based on a short to mid 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 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 SELL. Signal strength is Weak and stock is losing 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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Merck Company in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 127.37 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Merck Company ( (MRK) ) based on a short 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.
Price action analysis of Merck Company ( (MRK) ) based on a short to mid 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 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 SELL. Signal strength is Weak and stock is losing 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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Merck Company in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 127.37 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.