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(MRK) Merck Company complete technical analysis [charts+indicators] | Buy/Sell Merck Company | (MRK) share price targets

Complete technical analysis of Merck Company (MRK) by charts plus indicators, forecast predictions and share price targets for Merck Company (MRK)

Merck Company trades in USA in Health Care sector.

Showing technical analysis as on 2024-02-21 View latest technical analysis

10 day averaged volume of Merck Company is 6522450

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	128.12	127.44	128.16	126.80	0.743 times
20 Tue Feb 2024	127.37	128.13	129.29	127.21	1.066 times
16 Fri Feb 2024	127.79	126.50	128.09	126.17	0.961 times
15 Thu Feb 2024	126.54	125.97	127.23	125.95	0.883 times
14 Wed Feb 2024	125.82	125.61	126.03	124.82	1.015 times
13 Tue Feb 2024	125.43	125.98	126.86	124.48	1.115 times
12 Mon Feb 2024	125.34	125.00	125.48	124.40	0.806 times
09 Fri Feb 2024	125.45	126.22	126.69	125.04	1.21 times
08 Thu Feb 2024	126.61	127.32	127.48	125.95	0.967 times
07 Wed Feb 2024	127.47	126.90	128.06	126.50	1.034 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 127.6, but if it comes below 127.6, then a intra day sell could be more profitable.
If you take a sell trade below 127.6, then use 127.6 as stoploss and 124.77 as target. However if you take a buy trade in stock , then use 127.6 as stoploss and 131.1 as target.

Share price targets for Merck Company (MRK)

Target Type	Value
Downside Target	99.14
Downside Target	102.65
Downside Target	105.17
Downside Target	117.27
Downside Target	120.18
Downside Target	125.04
Downside Target	126.80
Downside Target	127.56
Downside Target	128.06
Downside Target	128.09
Upside Target	129.29

Intraday share price targets for Merck Company (MRK)

Target Type	Value
Downside Intraday Target	126.85
Downside Intraday Target	125.58
Upside Intraday Target	129.34
Upside Intraday Target	130.56
Downside Intraday Target	128.07

Weekly technical analysis of Merck Company (MRK)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	128.12	128.13	129.29	126.80	0.379 times
16 Fri Feb 2024	127.79	125.00	128.09	124.40	0.888 times
09 Fri Feb 2024	125.45	126.98	128.06	125.04	0.714 times
02 Fri Feb 2024	126.41	121.35	127.56	120.18	1.362 times
26 Fri Jan 2024	120.82	119.04	121.02	117.27	1.183 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Merck Company (MRK)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	128.12	123.65	129.29	122.77	0.559 times
31 Wed Jan 2024	120.78	109.16	122.85	109.16	0.955 times
29 Fri Dec 2023	109.02	102.85	109.24	102.65	1.118 times
30 Thu Nov 2023	102.48	103.55	105.17	99.80	1.058 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 Merck Company (MRK)

Price action analysis of Merck Company ( (MRK) ) 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 Merck Company ( (MRK) ) 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 Merck Company ( (MRK) ) 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 Merck Company stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Merck Company in short term but the sell signal is initial and weak.

Merck Company Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 SELL signal for Merck Company 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 negative zone. This is the SELL zone

Stock of Merck Company is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 126.54 and Merck Company (MRK) 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 Merck Company (MRK) stock. Volume based technical analysis of Merck Company (MRK) stock is negative.

Merck Company 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.