MERCK & CO. INC. (MRK) Stock Technical Analysis
NYSE:MRK - US58933Y1055 - Common Stock
85.31 USD
-2.06 (-2.36%)
85.2 USD
-0.11 (-0.13%)
We assign a technical rating of 5 out of 10 to MRK. In the past year, MRK was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
82% of all other stocks performed better in the past year than MRK.
MRK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month MRK has a been trading in the 76.66 - 87.83 range, which is quite wide. It is currently trading near the high of this range.
MRK has an average volume of 14285700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MRK is part of the Pharmaceuticals industry. There are 193 other stocks in this industry, MRK did better than 42% of them.
MRK has an average technical rating and the quality of the presented setup is also not ideal 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
75.21
88.25
3 important support areas can be observed.
- A support zone ranging from 81.68 to 83.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 78.12 to 79.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 75.97 to 76.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 87.38 to 87.38. 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 | NEUTRAL | NEUTRAL | The long term trend for MRK is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MRK is up. |
| ChartMill Relative Strength | 18.83 | NEGATIVE | MRK has a low relative strength, it was outperformed by 81.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MRK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MRK is above 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) | 68.39 | NEUTRAL | The RSI value for MRK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.62 | POSITIVE | The MACD value suggests MRK has a positive trend. |
| Stochastics (14,3) | 87.59 | OVERBOUGHT | The high Stochastics value suggests MRK may be overbought. |
| Average True Range in percent/ATR (20) | 2.5 | MEDIUM VOLATILITY | The ATR as a percentage value for MRK suggests some volalility. |
| Average Directional Index/ADX (14) | 18.16 | 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)
85.31
-2.06 (-2.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-2.36%
1 Week3.75%
2 Weeks8.28%
1 Month3.14%
3 Month12.62%
6 Month-2.38%
12 Month-25.07%
2 Year-19.83%
3 Year2.35%
5 Year2.46%
10 Year62.25%
15 Year148.49%
Volatility
ATR(14)1.81
ATR(20)%2.5%
ATR Inc26.43%
Range Today2.44
ADR(20)2.04
ADR(20)%2.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.83
Mansfield-1.45
10 Day High87.84
10 Day Low79.63
20 Day High87.84
20 Day Low76.66
52 Week High120.3
52 Week Low73.31
CS1 End83.73
CR1 Start87.38
Volume & EV
DER(3)-0.09%
DER(5)-0.42%
Volume9.20M
Volume Incr-4.09%
Vol(5)11.47M
Vol(50)14.29M