MRK NEWS why is Merck & Company, Inc. price falling or rising

MRK NEWS reasons for why stock price of Merck & Company, Inc. is falling or rising

MRK Merck Company is falling or rising technical reasons

Technical analysis forecast for Merck Company Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Merck Company MRK at this time. Stock is falling and might fall more.

It appears as if Merck Company MRK gave a large move recently.

Stock of Merck Company (MRK) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Merck Company is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Merck Company stays below 109.1, but if it comes above 109.1, then a intra day buy could be more profitable.
If you take a sell trade below 109.1, then use 109.1 as stoploss and 106.3 as target. However if you take a buy trade in Merck Company, then use 109.1 as stoploss and 111.41 as target.

MRK Merck Company is falling or rising NEWS fundamental reasons

More announcements and NEWS

MRK Merck & Company, Inc. current price & indicator signals

Moving Averages for Merck & Company, Inc.

  • 5Day Average: 110.02
  • 12Day Average: 109.71
  • 20Day Average: 111.45
  • 50Day Average: 114.35
  • 100Day Average: 119.73
  • 150Day Average: 122.59
  • 200Day Average: 122.94

MRK Indicators & signals

Indicator MACD (12,26,9)

110.4, 112.07, -1.67
Indicator MACD is in negative zone

Indicator ADX (14)

25.84, 17.65, 29.95
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MRK Merck & Company, Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
18 Fri Oct 2024 108.70 108.56 to 109.92 -0.96% 1.12 times
17 Thu Oct 2024 109.75 109.50 to 110.19 -0.61% 1.01 times
16 Wed Oct 2024 110.42 109.02 to 111.20 -1% 1.03 times
15 Tue Oct 2024 111.53 109.89 to 111.58 1.68% 1.07 times
14 Mon Oct 2024 109.69 108.68 to 110.07 -0.04% 0.96 times
11 Fri Oct 2024 109.73 107.90 to 109.92 0.3% 1.01 times
10 Thu Oct 2024 109.40 109.17 to 110.83 -0.79% 0.71 times
09 Wed Oct 2024 110.27 108.20 to 110.30 1.61% 1.02 times
08 Tue Oct 2024 108.52 107.81 to 108.75 -0.06% 1.04 times
07 Mon Oct 2024 108.59 108.18 to 110.98 -1.07% 1.02 times
04 Fri Oct 2024 109.77 109.39 to 110.30 -0.37% 1.14 times
03 Thu Oct 2024 110.18 109.83 to 112.08 -1.7% 1.21 times

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