MERCK & CO. INC. (MRK)

US58933Y1055 - Common Stock

124.94  -0.43 (-0.34%)

Technical Rating and Analysis

5

Overall MRK gets a technical rating of 5 out of 10. MRK has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
MRK is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MRK is performing more or less in line with the market.
In the last month MRK has a been trading in the 120.38 - 133.10 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
MRK has an average volume of 8320540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, MRK outperforms 66% of them, which is more or less in line with the market.
MRK is part of the Pharmaceuticals industry. There are 198 other stocks in this industry, MRK did better than 65% of them.
Weekly and Daily overview Charts
MRK Weekly chart
MRK Daily chart
Setup Rating and Analysis

6

MRK has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 121.52, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

101.91

133.28

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 120.51 to 121.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @118.13 from a horizontal line in the daily time frame.
  • Support @107.44 from a trend line in the weekly time frame.
  • Support @105.57 from a horizontal line in the daily time frame.
  • Support @102.94 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 126.09 to 127.06. 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 131.96 to 131.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.91
Mansfield0.14
10 Day High130.94
10 Day Low124.71
20 Day High133.1
20 Day Low120.38
52 Week High133.1
52 Week Low99.14
Performance
1 Week-1.09%
2 Weeks-3.49%
1 Month2.59%
3 Month5.45%
6 Month22.11%
12 Month8.67%
2 Year41.36%
3 Year68.28%
5 Year59.28%
10 Year114.09%
15 Year417.2%
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)
Technical Indicators
MACD(12,26,9)-0.44
RSI(14)46.38
LBB123.36
UBB131.98
MRK Daily chart

MERCK & CO. INC.

NYSE:MRK (4/18/2024, 10:00:08 AM)

124.94

-0.43 (-0.34%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.34%
1 Week-1.09%
2 Weeks-3.49%
1 Month2.59%
3 Month5.45%
6 Month22.11%
12 Month8.67%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.97
ATR(20)%1.76%
ATR Inc
Range Today1.02
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High130.94
10 Day Low124.71
20 Day High133.1
20 Day Low120.38
52 Week High133.1
52 Week Low99.14
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.03M
Volume Incr-37.73%
Vol(5)6.30M
Vol(50)8.32M