MERCK & CO. INC. (MRK)

US58933Y1055 - Common Stock

131.75  +6.23 (+4.96%)

Premarket: 132.46 +0.71 (+0.54%)

Technical Rating and Analysis

9

Taking everything into account, MRK scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, MRK has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, MRK did better than 82% of all other stocks.
A new 52 week high is currently being made by MRK, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month MRK has a been trading in the 119.23 - 133.10 range, which is quite wide. It is currently trading near the high of this range.
MRK has an average volume of 8850260 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 203 other stocks in this industry, MRK did better than 69% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
MRK Weekly chart
MRK Daily chart
Setup Rating and Analysis

1

Although MRK has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

104.51

133.07

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 120.51 to 124.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @118.13 from a horizontal line in the daily time frame.
  • A support zone ranging from 105.57 to 106.66. 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
CRS82.51
Mansfield0.13
10 Day High133.1
10 Day Low119.23
20 Day High133.1
20 Day Low119.23
52 Week High133.1
52 Week Low99.14
Performance
1 Week6.38%
2 Weeks7.85%
1 Month2.78%
3 Month20.85%
6 Month27.97%
12 Month23.84%
2 Year60.57%
3 Year70.9%
5 Year58.41%
10 Year132.08%
15 Year392.52%
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)0.64
RSI(14)74.63
LBB118.35
UBB128.89
MRK Daily chart

MERCK & CO. INC.

NYSE:MRK (3/27/2024, 8:04:00 PM)

Premarket: 132.46 +0.71 (+0.54%)

131.75

+6.23 (+4.96%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg4.96%
1 Week6.38%
2 Weeks7.85%
1 Month2.78%
3 Month20.85%
6 Month27.97%
12 Month23.84%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.43
ATR(20)%1.8%
ATR Inc
Range Today2.99
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 High133.1
10 Day Low119.23
20 Day High133.1
20 Day Low119.23
52 Week High133.1
52 Week Low99.14
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume16.06M
Volume Incr-8.08%
Vol(5)9.54M
Vol(50)8.85M