MERCK & CO. INC. (6MK.DE) Stock Technical Analysis
FRA:6MK - Deutsche Boerse Ag - US58933Y1055 - Common Stock - Currency: EUR
We assign a technical rating of 0 out of 10 to 6MK. 6MK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
95% of all other stocks performed better in the past year than 6MK.
6MK is part of the Pharmaceuticals industry. There are 51 other stocks in this industry, of which 86% are performing better than 6MK.
6MK is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so 6MK is lagging the market.
6MK is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: 6MK has an average volume of 4294 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Although the technical rating is bad, 6MK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 67.60, a Stop Loss order could be placed below this zone.
More info and screens
65.93
98.58
We found 1 important support area.
- A support zone ranging from 66.60 to 67.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 68.43 to 70.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 73.90 to 75.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @88.25 from a trend line in the daily time frame.
- Resistance @97.60 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for 6MK.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 6MK.DE is down. |
| ChartMill Relative Strength | 5.46 | NEGATIVE | 6MK.DE has a low relative strength, it was outperformed by 94.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 6MK.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 6MK.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 6MK.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.31 | NEUTRAL | The RSI value for 6MK.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests 6MK.DE has a positive trend. |
| Stochastics (14,3) | 35.16 | NEUTRAL | The Stochastics value for 6MK.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.83 | MEDIUM VOLATILITY | The ATR as a percentage value for 6MK.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 26.5 | POSITIVE | The high ADX value value for 6MK.DE suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
FRA:6MK (5/23/2025, 4:40:14 PM)
68.2
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0%
1 Week0.89%
2 Weeks-1.16%
1 Month-1.02%
3 Month-19.76%
6 Month-30.05%
12 Month-43.17%
2 Year-34.04%
3 Year-20.23%
5 Year-3.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.94
ATR(20)%2.83%
ATR Inc-60.42%
Range Today0.8
ADR(20)1.59
ADR(20)%2.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.46
Mansfield-3.03
10 Day High72.3
10 Day Low65.5
20 Day High75.3
20 Day Low65.5
52 Week High125.6
52 Week Low65.5
CS1 End67.6
CR1 Start68.43
Volume & EV
DER(3)0%
DER(5)0.01%
Volume858
Volume Incr0.07%
Vol(5)4.71K
Vol(50)4.29K