MRK - Merck & Company Inc

Industry: Drug Manufacturers - Major Sector: Healthcare Exchange: NYSE

MRK - Merck & Company Inc

Industry: Drug Manufacturers - Major Sector: Healthcare Exchange: NYSE
#1234()/7615

Tue 18'th Sep 2018

PERIOD 2018-06-19 - 2018-09-18
CHANGE 0.00%
PRICE $70.42
VOLUME
Buy
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Sell

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Merck & Company Inc Stock Analysis

Technical stock analysis for Tue 18'th Sep 2018

Buy candidate since 2018-08-29 Gain 2.34%
Shorts 2.50% ( 2018-08-31 )
Cash 11 195.0 mill
Loans 26 995.0 mill
Beta 0.81
ROA 1.49

No changes to the price of Merck & Company Inc in the last trading day. The price has risen in 6 of the last 10 days and is up by 3.64% over the past 2 weeks.

Trend

Merck & Company Inc lies in the lower part of a strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $69.73 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 17.91% during the next 3 months and, with 90% probability hold a price between $82.22 and $86.93 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

Merck & Company Inc holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $70.02 and $68.24. A break down below any of these levels will issue sell signals. The volume rose on the last day while price remained unchanged. This may be an early warning and 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. A sales signal was issued from a pivot top point on Thursday September 13, 2018, which indicates further falls until a new bottom pivot has been found.

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Relative Strength Index (RSI)

RSI14 is 64 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Merck & Company Inc finds support from accumulated volume at $68.85.

Support: $68.85 Price: $70.42 Resistance: $70.83

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $1.01 (1.44%) between high and low. For the last week, the stock has had a daily average volatility of 1.48%.

Our recommended stoploss: $67.58 (-4.04%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 3 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term.

Buy Candidate

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MRK $70.42 $0.00(0.00%)
MRK is down $0.00 today, but where's it headed in October?
Zacks Investment Research is releasing its prediction for MRK based on the 1-3 month system that more than doubles the S&P 500.

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