(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 2024-02-14 View latest technical analysis
10 day averaged volume of Merrimack Pharmaceuticals is 198030
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Wed Feb 2024 | 14.67 | 14.78 | 14.80 | 14.53 | 3.552 times |
| 13 Tue Feb 2024 | 15.00 | 13.73 | 15.89 | 13.55 | 6.408 times |
| 12 Mon Feb 2024 | 13.99 | 13.75 | 14.21 | 13.72 | 0.612 times |
| 09 Fri Feb 2024 | 13.80 | 13.39 | 13.85 | 13.34 | 0.583 times |
| 08 Thu Feb 2024 | 13.62 | 13.05 | 13.70 | 12.94 | 0.432 times |
| 07 Wed Feb 2024 | 13.06 | 13.22 | 13.23 | 13.00 | 0.35 times |
| 06 Tue Feb 2024 | 13.25 | 13.31 | 13.49 | 12.96 | 0.38 times |
| 05 Mon Feb 2024 | 13.36 | 13.14 | 13.39 | 13.00 | 0.548 times |
| 02 Fri Feb 2024 | 13.13 | 13.25 | 13.29 | 13.10 | 0.305 times |
| 01 Thu Feb 2024 | 13.30 | 13.50 | 13.50 | 13.27 | 0.185 times |
Stock of Merrimack Pharmaceuticals (MACK) has showed a significant fall. This could be a good time to exit from this stock.
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 14.6, for a target of 14 or 13.5
Share price targets for Merrimack Pharmaceuticals (MACK)
| Target Type | Value |
| Downside Target | 12.00 |
| Downside Target | 12.50 |
| Downside Target | 12.94 |
| Downside Target | 13.48 |
| Downside Target | 13.52 |
| Downside Target | 13.55 |
| Downside Target | 13.56 |
| Downside Target | 13.85 |
| Upside Target | 15.89 |
Intraday share price targets for Merrimack Pharmaceuticals (MACK)
| Target Type | Value |
| Downside Intraday Target | 13.52 |
| Downside Intraday Target | 12.36 |
| Upside Intraday Target | 15.86 |
| Upside Intraday Target | 17.04 |
| Upside Intraday Target | 14.7 |
Weekly technical analysis of Merrimack Pharmaceuticals (MACK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Wed Feb 2024 | 14.67 | 13.75 | 15.89 | 13.55 | 4.612 times |
| 09 Fri Feb 2024 | 13.80 | 13.14 | 13.85 | 12.94 | 2.519 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 |
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 |
| 14 Wed Feb 2024 | 14.67 | 13.50 | 15.89 | 12.94 | 3.369 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, and volume has increased substantially. This means that the move can 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 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.
Price action analysis of Merrimack Pharmaceuticals ( (MACK) ) based on a short 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.
Price action analysis of Merrimack Pharmaceuticals ( (MACK) ) based on a short to mid 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.
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 losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Merrimack Pharmaceuticals in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Merrimack Pharmaceuticals is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 14.53 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 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.
Price action analysis of Merrimack Pharmaceuticals ( (MACK) ) based on a short 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.
Price action analysis of Merrimack Pharmaceuticals ( (MACK) ) based on a short to mid 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.
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 losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Merrimack Pharmaceuticals in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Merrimack Pharmaceuticals is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 14.53 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.