MERCK & CO. INC. (MRK) Stock Technical Analysis
NYSE:MRK - New York Stock Exchange, Inc. - US58933Y1055 - Common Stock - Currency: USD
Overall MRK gets a technical rating of 1 out of 10. MRK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
87% of all other stocks performed better in the past year than MRK.
MRK is one of the lesser performing stocks in the Pharmaceuticals industry. 63% of 194 stocks in the same industry do better.
MRK is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MRK is lagging the market.
In the last month MRK has a been trading in the 76.66 - 85.22 range, which is quite wide. It is currently trading near the lows of this range.
MRK has an average volume of 15096900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of MRK is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
77.50
86.05
When analyzing the support we notice one important area.
- Support @78.28 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 80.28 to 82.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 84.09 to 85.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 MRK is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MRK is neutral. |
| ChartMill Relative Strength | 13.03 | NEGATIVE | MRK has a low relative strength, it was outperformed by 86.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MRK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MRK is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MRK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.35 | NEUTRAL | The RSI value for MRK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.47 | NEGATIVE | The MACD value suggests MRK has a negative trend. |
| Stochastics (14,3) | 35.75 | NEUTRAL | The Stochastics value for MRK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for MRK suggests some volalility. |
| Average Directional Index/ADX (14) | 18.78 | NEGATIVE | The low ADX value for MRK suggests a weak or negative 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)
79.29
+1.17 (+1.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.5%
1 Week-6.4%
2 Weeks-0.84%
1 Month-2.03%
3 Month-4.68%
6 Month-19.76%
12 Month-31.17%
2 Year-27.24%
3 Year-7.11%
5 Year-7.01%
10 Year47.24%
15 Year125.51%
Volatility
ATR(14)2.37
ATR(20)%2.81%
ATR Inc45.75%
Range Today2.34
ADR(20)2.06
ADR(20)%2.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.03
Mansfield-2.17
10 Day High85.22
10 Day Low76.66
20 Day High85.22
20 Day Low76.66
52 Week High120.3
52 Week Low73.31
CS1 End78.28
CR1 Start80.28
Volume & EV
DER(3)-1.12%
DER(5)-0.05%
Volume11.90M
Volume Incr15.36%
Vol(5)17.10M
Vol(50)15.10M