(MACK) Merrimack Pharmaceuticals complete technical analysis [charts+indicators] | Buy/Sell Merrimack Pharmaceuticals | (MACK) share price targets
Complete technical analysis of Merrimack Pharmaceuticals (MACK) by charts plus indicators, forecast predictions and share price targets for Merrimack Pharmaceuticals (MACK)
Merrimack Pharmaceuticals trades in USA in Health Care sector.
Showing technical analysis as on 2024-02-08 View latest technical analysis
10 day averaged volume of Merrimack Pharmaceuticals is 49670
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Feb 2024 | 13.62 | 13.05 | 13.70 | 12.94 | 1.721 times |
| 07 Wed Feb 2024 | 13.06 | 13.22 | 13.23 | 13.00 | 1.395 times |
| 06 Tue Feb 2024 | 13.25 | 13.31 | 13.49 | 12.96 | 1.514 times |
| 05 Mon Feb 2024 | 13.36 | 13.14 | 13.39 | 13.00 | 2.186 times |
| 02 Fri Feb 2024 | 13.13 | 13.25 | 13.29 | 13.10 | 1.216 times |
| 01 Thu Feb 2024 | 13.30 | 13.50 | 13.50 | 13.27 | 0.737 times |
| 31 Wed Jan 2024 | 13.40 | 13.48 | 13.56 | 13.40 | 0.787 times |
| 30 Tue Jan 2024 | 13.44 | 13.36 | 13.47 | 13.25 | 0.602 times |
| 29 Mon Jan 2024 | 13.41 | 13.29 | 13.41 | 13.20 | 0.286 times |
| 26 Fri Jan 2024 | 13.25 | 13.36 | 13.48 | 13.18 | 0.771 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 13.5, for a target of 13.4 or 13.26
Share price targets for Merrimack Pharmaceuticals (MACK)
| Target Type | Value |
| Downside Target | 12.00 |
| Downside Target | 12.50 |
| Downside Target | 12.94 |
| Downside Target | 13.21 |
| Downside Target | 13.26 |
| Downside Target | 13.48 |
| Downside Target | 13.52 |
| Downside Target | 13.56 |
| Upside Target | 13.70 |
Intraday share price targets for Merrimack Pharmaceuticals (MACK)
| Target Type | Value |
| Downside Intraday Target | 13.14 |
| Downside Intraday Target | 12.66 |
| Upside Intraday Target | 13.9 |
| Upside Intraday Target | 14.18 |
| Downside Intraday Target | 13.42 |
Weekly technical analysis of Merrimack Pharmaceuticals (MACK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Feb 2024 | 13.62 | 13.14 | 13.70 | 12.94 | 1.879 times |
| 02 Fri Feb 2024 | 13.13 | 13.29 | 13.56 | 13.10 | 0.981 times |
| 26 Fri Jan 2024 | 13.25 | 13.25 | 13.48 | 13.00 | 1.614 times |
| 19 Fri Jan 2024 | 13.20 | 13.16 | 13.21 | 12.96 | 2.995 times |
| 12 Fri Jan 2024 | 13.17 | 13.26 | 13.26 | 13.09 | 0.206 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Merrimack Pharmaceuticals (MACK)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Thu Feb 2024 | 13.62 | 13.50 | 13.70 | 12.94 | 0.555 times |
| 31 Wed Jan 2024 | 13.40 | 13.40 | 13.56 | 12.96 | 0.751 times |
| 29 Fri Dec 2023 | 13.41 | 12.56 | 13.52 | 12.56 | 1.244 times |
| 30 Thu Nov 2023 | 12.62 | 12.28 | 12.95 | 12.00 | 1.468 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Merrimack Pharmaceuticals (MACK)
Price action analysis of Merrimack Pharmaceuticals ( (MACK) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Merrimack Pharmaceuticals ( (MACK) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Merrimack Pharmaceuticals ( (MACK) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Merrimack Pharmaceuticals ( (MACK) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Merrimack Pharmaceuticals stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Merrimack Pharmaceuticals in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Merrimack Pharmaceuticals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Merrimack Pharmaceuticals in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Merrimack Pharmaceuticals is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 13.32 and Merrimack Pharmaceuticals (MACK) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Merrimack Pharmaceuticals (MACK) stock. Volume based technical analysis of Merrimack Pharmaceuticals (MACK) stock is negative.
Merrimack Pharmaceuticals Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Merrimack Pharmaceuticals ( (MACK) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Merrimack Pharmaceuticals ( (MACK) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Merrimack Pharmaceuticals ( (MACK) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Merrimack Pharmaceuticals ( (MACK) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Merrimack Pharmaceuticals stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Merrimack Pharmaceuticals in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Merrimack Pharmaceuticals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Merrimack Pharmaceuticals in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Merrimack Pharmaceuticals is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 13.32 and Merrimack Pharmaceuticals (MACK) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Merrimack Pharmaceuticals (MACK) stock. Volume based technical analysis of Merrimack Pharmaceuticals (MACK) stock is negative.
Merrimack Pharmaceuticals Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.