MERCK Kommanditgesellschaft auf Aktien Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Green day on Friday for MERCK Kommanditgesellschaft auf Aktien stock after gaining 1.13%
(Updated on May 03, 2024)
The MERCK Kommanditgesellschaft auf Aktien stock price gained 1.13% on the last trading day (Friday, 3rd May 2024), rising from 150.30€ to 152.00€. During the last trading day the stock fluctuated 2.45% from a day low at 151.00€ to a day high of 154.70€. The price has been going up and down for this period, and there has been a 3.58% gain for the last 2 weeks. Volume fell on the last day by -71 thousand shares and in total, 219 thousand shares were bought and sold for approximately 33.26€ million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -2.29% during the next 3 months and, with a 90% probability hold a price between 142.10€ and 158.45€ at the end of this 3-month period.
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MRK.DE Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 4.11%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The MERCK Kommanditgesellschaft auf Aktien stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at 154.21€. On a fall, the stock will find some support from the short-term average at 150.77€. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.
Support, Risk & Stop-loss for MERCK Kommanditgesellschaft auf Aktien stock
MERCK Kommanditgesellschaft auf Aktien finds support from accumulated volume at 150.30€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 3.70€ between high and low, or 2.45%. For the last week the stock has had daily average volatility of 1.70%.
Our recommended stop-loss: 144.92€ (-4.66%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 9 days ago.)
Trading Expectations (MRK.DE) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect MERCK Kommanditgesellschaft auf Aktien to open at 152.57€, and during the day (based on 14 day Average True Range), to move between 148.68€ and 155.32€, which gives a possible trading interval of +/-3.32€ (+/-2.18%) up or down from last closing price. If MERCK Kommanditgesellschaft auf Aktien takes out the full calculated possible swing range there will be an estimated 4.37% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 153.65€ (1.09%) than the support at 150.30€ (1.12%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is MERCK Kommanditgesellschaft auf Aktien stock A Buy?
MERCK Kommanditgesellschaft auf Aktien holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.551 Hold/Accumulate Unchanged
Predicted Opening Price for MERCK Kommanditgesellschaft auf Aktien of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| 152.57€ ( 0.373%) | 152.00€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for MRK.DE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 156.27 | 2.81 % | |
| R2 | 154.85 | 1.88 % | ||
| R1 | 153.98 | 1.30 % | ||
| Current price: | 152.00 | |||
| Support | S1 | 151.15 | -0.557 % | |
| S2 | 150.28 | -1.13 % | ||
| S3 | 148.87 | -2.06 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 156.85 | 3.19 % | |
| R2 | 156.60 | 3.03 % | ||
| R1 | 153.65 | 1.09 % | ||
| Current price | 152.00 | |||
| Support | S1 | 150.30 | -1.12% | |
| S2 | 147.20 | -3.16% | ||
| S3 | 146.75 | -3.45% |
MRK Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 29, 2024 | Apr 29, 2024 | Apr 29, 2024 | 0€ | 0% |
| 2 | May 02, 2023 | May 02, 2023 | May 02, 2023 | 2.20€ | 1.38% |
| 3 | Apr 25, 2022 | Apr 25, 2022 | Apr 25, 2022 | 1.85€ | 1.07% |
| 4 | Apr 26, 2021 | Apr 26, 2021 | Apr 26, 2021 | 1.40€ | 0.98% |
| 5 | Mar 11, 2020 | May 29, 2020 | Jun 03, 2020 | 1.30€ | 1.23% |
FAQ
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