(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 2024-06-04 View latest technical analysis
10 day averaged volume of Merck Company is 8561427
Date | Daily Closing Price | Open | High | Low | Volume |
04 Tue Jun 2024 | 128.71 | 127.15 | 129.36 | 126.88 | 0.752 times |
03 Mon Jun 2024 | 128.42 | 125.77 | 128.95 | 125.77 | 0.9 times |
31 Fri May 2024 | 125.54 | 125.13 | 126.61 | 124.55 | 2.12 times |
30 Thu May 2024 | 124.53 | 125.98 | 127.85 | 122.70 | 1.519 times |
29 Wed May 2024 | 125.90 | 126.14 | 126.45 | 125.28 | 0.996 times |
28 Tue May 2024 | 126.09 | 128.84 | 129.08 | 125.74 | 1.199 times |
24 Fri May 2024 | 129.49 | 131.45 | 131.45 | 129.16 | 0.699 times |
23 Thu May 2024 | 131.09 | 130.90 | 131.92 | 130.31 | 0.798 times |
22 Wed May 2024 | 131.10 | 130.17 | 131.60 | 130.15 | 0.515 times |
21 Tue May 2024 | 130.76 | 131.68 | 132.79 | 130.48 | 0.731 times |
My analysis of stock is bearish for shortterm, and stock might move down till 127.2 or till 124.7. Use a stoploss of 129.23 and if the stock hits stoploss, then it can shoot up till 131.31
Share price targets for Merck Company (MRK)
Target Type | Value |
Downside Target | 119.23 |
Downside Target | 122.70 |
Upside Target | 129.36 |
Upside Target | 130.24 |
Upside Target | 131.51 |
Upside Target | 131.96 |
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 | 126.53 |
Downside Intraday Target | 124.36 |
Upside Intraday Target | 130.12 |
Upside Intraday Target | 131.54 |
Downside Intraday Target | 127.95 |
Weekly technical analysis of Merck Company (MRK)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Tue Jun 2024 | 128.71 | 125.77 | 129.36 | 125.77 | 0.283 times |
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 |
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 Jun 2024 | 128.71 | 125.77 | 129.36 | 125.77 | 0.086 times |
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 |
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 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 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 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Merck Company Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
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 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 127.33 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 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 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 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 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Merck Company Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
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 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 127.33 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 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.