(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 2024-08-28 View latest technical analysis
10 day averaged volume of Merck Company is 7912110
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 117.40 | 116.60 | 118.02 | 116.24 | 0.683 times |
| 27 Tue Aug 2024 | 116.50 | 116.27 | 116.62 | 115.25 | 0.695 times |
| 26 Mon Aug 2024 | 116.27 | 116.73 | 117.90 | 116.16 | 0.824 times |
| 23 Fri Aug 2024 | 116.60 | 116.80 | 116.81 | 115.92 | 1.058 times |
| 22 Thu Aug 2024 | 116.55 | 116.30 | 116.72 | 115.22 | 1.037 times |
| 21 Wed Aug 2024 | 116.03 | 114.78 | 116.60 | 114.55 | 1.029 times |
| 20 Tue Aug 2024 | 115.14 | 114.76 | 115.30 | 114.55 | 0.682 times |
| 19 Mon Aug 2024 | 114.42 | 113.66 | 114.60 | 113.31 | 0.781 times |
| 16 Fri Aug 2024 | 113.67 | 113.61 | 113.72 | 112.62 | 1.277 times |
| 15 Thu Aug 2024 | 113.31 | 114.17 | 114.50 | 112.57 | 1.224 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 118.1, for a target of 116.2 or 114.54
Share price targets for Merck Company (MRK)
| Target Type | Value |
| Downside Target | 110.72 |
| Upside Target | 118.02 |
| Upside Target | 120.87 |
| Upside Target | 122.70 |
| Upside Target | 124.50 |
| Upside Target | 127.99 |
| Upside Target | 129.93 |
| Upside Target | 132.79 |
| Upside Target | 132.80 |
| Upside Target | 134.63 |
Intraday share price targets for Merck Company (MRK)
| Target Type | Value |
| Downside Intraday Target | 115.76 |
| Downside Intraday Target | 114.12 |
| Upside Intraday Target | 118.53 |
| Upside Intraday Target | 119.66 |
| Downside Intraday Target | 116.89 |
Weekly technical analysis of Merck Company (MRK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 117.40 | 116.73 | 118.02 | 115.25 | 0.48 times |
| 23 Fri Aug 2024 | 116.60 | 113.66 | 116.81 | 113.31 | 0.782 times |
| 16 Fri Aug 2024 | 113.67 | 114.71 | 114.87 | 111.51 | 0.986 times |
| 09 Fri Aug 2024 | 114.55 | 114.95 | 115.12 | 110.72 | 0.48 times |
| 02 Fri Aug 2024 | 115.20 | 125.78 | 127.99 | 111.41 | 3.414 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 |
| 28 Wed Aug 2024 | 117.40 | 113.13 | 118.02 | 110.72 | 0.899 times |
| 31 Wed Jul 2024 | 113.13 | 125.38 | 129.93 | 112.22 | 0.944 times |
| 28 Fri Jun 2024 | 123.80 | 125.77 | 134.63 | 120.87 | 1.269 times |
| 31 Fri May 2024 | 125.54 | 128.61 | 132.79 | 122.70 | 1.089 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 BUY signal for Merck Company in short term but the buy 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 tired and bears 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 SELL signal in short term but selling 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 115.43 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 BUY signal for Merck Company in short term but the buy 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 tired and bears 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 SELL signal in short term but selling 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 115.43 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.