(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 2024-05-31 View latest technical analysis
10 day averaged volume of Merck Company is 7222775
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 125.54 | 125.13 | 126.61 | 124.55 | 2.513 times |
| 30 Thu May 2024 | 124.53 | 125.98 | 127.85 | 122.70 | 1.8 times |
| 29 Wed May 2024 | 125.90 | 126.14 | 126.45 | 125.28 | 1.181 times |
| 28 Tue May 2024 | 126.09 | 128.84 | 129.08 | 125.74 | 1.421 times |
| 24 Fri May 2024 | 129.49 | 131.45 | 131.45 | 129.16 | 0.828 times |
| 23 Thu May 2024 | 131.09 | 130.90 | 131.92 | 130.31 | 0.946 times |
| 22 Wed May 2024 | 131.10 | 130.17 | 131.60 | 130.15 | 0.61 times |
| 21 Tue May 2024 | 130.76 | 131.68 | 132.79 | 130.48 | 0.866 times |
| 20 Mon May 2024 | 130.99 | 130.81 | 131.74 | 130.65 | 0.622 times |
| 17 Fri May 2024 | 131.19 | 130.69 | 131.32 | 129.81 | 0.965 times |
Stock of Merck Company (MRK) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 127, but if it comes above 127, then a intra day buy could be more profitable.
If you take a sell trade below 127, then use 127 as stoploss and 124.4 as target. However if you take a buy trade in stock , then use 127 as stoploss and 129.13 as target.
Share price targets for Merck Company (MRK)
| Target Type | Value |
| Downside Target | 109.16 |
| Downside Target | 119.23 |
| Downside Target | 122.70 |
| Upside Target | 130.24 |
| Upside Target | 131.51 |
| Upside Target | 131.96 |
| Upside Target | 132.20 |
| Upside Target | 132.79 |
| Upside Target | 132.80 |
| Upside Target | 133.10 |
Intraday share price targets for Merck Company (MRK)
| Target Type | Value |
| Downside Intraday Target | 122.47 |
| Downside Intraday Target | 119.39 |
| Upside Intraday Target | 128.85 |
| Upside Intraday Target | 132.15 |
| Upside Intraday Target | 125.77 |
Weekly technical analysis of Merck Company (MRK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 125.54 | 128.84 | 129.08 | 122.70 | 1.786 times |
| 24 Fri May 2024 | 129.49 | 130.81 | 132.79 | 129.16 | 0.849 times |
| 17 Fri May 2024 | 131.19 | 129.51 | 131.96 | 128.02 | 0.946 times |
| 10 Fri May 2024 | 130.06 | 127.18 | 131.51 | 126.76 | 1.046 times |
| 03 Fri May 2024 | 127.51 | 131.72 | 132.20 | 127.18 | 0.771 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Merck Company (MRK)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 125.54 | 128.61 | 132.79 | 122.70 | 1.089 times |
| 30 Tue Apr 2024 | 129.22 | 131.68 | 132.80 | 124.50 | 0.669 times |
| 28 Thu Mar 2024 | 131.95 | 126.87 | 133.10 | 119.23 | 1.639 times |
| 29 Thu Feb 2024 | 127.15 | 123.65 | 130.24 | 122.77 | 0.775 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 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 mid to longer 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
ADX buy sell signal for Merck Company stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Merck Company in short term and the sell signal is strong.
Merck Company Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Merck Company in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 127.64 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 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 mid to longer 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
ADX buy sell signal for Merck Company stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Merck Company in short term and the sell signal is strong.
Merck Company Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Merck Company in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 127.64 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.