US stock / ETF

Merck & Co., Inc.

MRK · NYSE · USD

1 dayRange51%
Daily Range probability 98%Range

MRK 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Break either side of $138.89 - $154.02 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Daily
Momentum StateRange
Momentum mixed

RSI 49.9, MACD -0.203

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $4.63 (3.19%)

Daily

EMA Structure

Range
EMA 8$145.29Bullish
EMA 21$145.51Bearish
EMA 50$143.52Bullish

Signals

CategoryReadStrength
Momentum
RSI 49.9 · MACD -0.203

Neutral zone

Strength
Range
Volatility
ATR $4.63 · BB 6.09%

Medium volatility

Strength
Range
Volume
MFI 45.3 · OBV -2.72%

Relative to 20-period average volume

Strength
Range
Price Levels
$138.89 - $154.02

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+9.2% · 2.9 ATR above latest close

$158.65
Nearest resistance

+6.01% · 1.9 ATR above · 34-bar high

$154.02
Current price

Price shown is delayed

$145.29
Nearest support

-4.4% · 1.4 ATR below · 34-bar low

$138.89
Deeper support zone

-7.59% · 2.4 ATR below latest close

$134.26
ATR zone

Latest close ± ATR14

$140.66 - $149.92

Indicators

Trend

Dow Theory Structure

Confirmation $154.02, invalidation $144.73

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

18.6 / 29.0 / 16.3Bullish
Supertrend (10,3)

Price is above Supertrend

$130.76Bullish
Ichimoku Cloud

Cloud Span A / Span B

$146.76 / $145.16Bearish
Donchian Channel (20)

20-period breakout channel position

42%Range

Volatility

ATR (14)

Medium volatility

$4.63 (3.19%)Range
Bollinger Bands (20,2)

Width 6.09%

54%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$155.54 / $135.49Range
ATR channel lower / upper

Current Volatility Envelope

$140.66 / $149.92Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$154.02Range
Support

Nearest Downside Decision Level

$138.89Range

Momentum

RSI (14)

Neutral zone

49.9Range
MACD (12,26,9)

Histogram is negative

-0.203Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

42.3 / 32.8Bullish
Williams %R (14)

Neutral zone

-57.7Range
CCI (20)

Balanced zone

22.8Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

45.3Range
OBV slope

20-period OBV slope

-2.72%Bearish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Trend

Dow Theory Structure

Confirmation $154.02, invalidation $144.73

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

18.6 / 29.0 / 16.3Bullish
Supertrend (10,3)

Price is above Supertrend

$130.76Bullish
Ichimoku Cloud

Cloud Span A / Span B

$146.76 / $145.16Bearish
Donchian Channel (20)

20-period breakout channel position

42%Range

Momentum

RSI (14)

Neutral zone

49.9Range
MACD (12,26,9)

Histogram is negative

-0.203Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

42.3 / 32.8Bullish
Williams %R (14)

Neutral zone

-57.7Range
CCI (20)

Balanced zone

22.8Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Medium volatility

$4.63 (3.19%)Range
Bollinger Bands (20,2)

Width 6.09%

54%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$155.54 / $135.49Range
ATR channel lower / upper

Current Volatility Envelope

$140.66 / $149.92Range

Volume / Money Flow

MFI (14)

Money flow is neutral

45.3Range
OBV slope

20-period OBV slope

-2.72%Bearish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$154.02Range
Support

Nearest Downside Decision Level

$138.89Range

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