(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 2024-03-22 View latest technical analysis
10 day averaged volume of Merck Company is 13296780
Date | Daily Closing Price | Open | High | Low | Volume |
22 Fri Mar 2024 | 123.85 | 123.79 | 124.49 | 123.22 | 0.528 times |
21 Thu Mar 2024 | 123.62 | 123.69 | 124.19 | 123.06 | 0.613 times |
20 Wed Mar 2024 | 123.85 | 121.28 | 123.91 | 120.38 | 0.737 times |
19 Tue Mar 2024 | 122.20 | 121.44 | 122.26 | 120.43 | 0.88 times |
18 Mon Mar 2024 | 121.44 | 121.85 | 122.51 | 121.13 | 0.625 times |
15 Fri Mar 2024 | 121.52 | 119.84 | 121.94 | 119.23 | 3.495 times |
14 Thu Mar 2024 | 120.51 | 121.32 | 121.32 | 119.66 | 0.762 times |
13 Wed Mar 2024 | 122.16 | 123.16 | 123.21 | 120.80 | 0.691 times |
12 Tue Mar 2024 | 122.66 | 123.00 | 123.21 | 121.43 | 0.874 times |
11 Mon Mar 2024 | 122.77 | 124.65 | 124.65 | 121.84 | 0.584 times |
My analysis of stock is bearish for shortterm, and stock might move down till 121.7 or till 118.7. Use a stoploss of 124.14 and if the stock hits stoploss, then it can shoot up till 126.6
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 | 119.23 |
Upside Target | 126.42 |
Upside Target | 126.54 |
Upside Target | 126.80 |
Upside Target | 127.85 |
Upside Target | 129.70 |
Upside Target | 130.24 |
Intraday share price targets for Merck Company (MRK)
Target Type | Value |
Downside Intraday Target | 121.32 |
Downside Intraday Target | 118.8 |
Upside Intraday Target | 125.43 |
Upside Intraday Target | 127.02 |
Downside Intraday Target | 122.91 |
Weekly technical analysis of Merck Company (MRK)
Date | Weekly Closing Price | Open | High | Low | Volume |
22 Fri Mar 2024 | 123.85 | 121.85 | 124.49 | 120.38 | 0.528 times |
15 Fri Mar 2024 | 121.52 | 124.65 | 124.65 | 119.23 | 1.773 times |
08 Fri Mar 2024 | 123.50 | 124.46 | 126.54 | 122.06 | 1.46 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 |
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 |
22 Fri Mar 2024 | 123.85 | 126.87 | 127.85 | 119.23 | 1.33 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 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 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 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Merck Company in short term but the sell 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 122.15 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 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 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.
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 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 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Merck Company in short term but the sell 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 122.15 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 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 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.