US stock / ETF

Merck & Co., Inc.

MRK · NYSE · USD

12 hoursBullish77%
12h Upside probability 77%Bullish

MRK 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $110.94 and reclaim $128.69.

Invalidation Trigger

Lose $110.94 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 67.4, MACD 0.847

12h
Volatility EnvironmentRange
Medium volatility

ATR is $3.13 (2.47%)

12h

EMA Structure

Bullish
EMA 8$121.27Bullish
EMA 21$118.93Bullish
EMA 50$117.27Bullish

Signals

CategoryReadStrength
Momentum
RSI 67.4 · MACD 0.847

Momentum is strong

Strength
Bullish
Volatility
ATR $3.13 · BB 11.80%

Medium volatility

Strength
Range
Volume
MFI 38.7 · OBV 18.40%

Relative to 20-period average volume

Strength
Range
Price Levels
$110.94 - $128.69

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.86% · 1.6 ATR above latest close

$131.82
Nearest resistance

+1.39% · 0.6 ATR above · 34-bar high

$128.69
Current price

Price shown is delayed

$126.93
Nearest support

-12.6% · 5.1 ATR below · 34-bar low

$110.94
Deeper support zone

-15.07% · 6.1 ATR below latest close

$107.81
ATR zone

Latest close ± ATR14

$123.8 - $130.06

Indicators

Trend

Dow Theory Structure

Confirmation $111.58, invalidation $122.7

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

18.8 / 38.3 / 27.7Bullish
Supertrend (10,3)

Price is above Supertrend

$117.96Bullish
Ichimoku Cloud

Cloud Span A / Span B

$120.13 / $118.36Bullish
Donchian Channel (20)

20-period breakout channel position

90%Bullish

Volatility

ATR (14)

Medium volatility

$3.13 (2.47%)Range
Bollinger Bands (20,2)

Width 11.80%

110%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$125.34 / $112.72Range
ATR channel lower / upper

Current Volatility Envelope

$123.8 / $130.06Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$128.69Range
Support

Nearest Downside Decision Level

$110.94Range

Momentum

RSI (14)

Momentum is strong

67.4Bullish
MACD (12,26,9)

Histogram is positive

0.847Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

89.7 / 90.0Bearish
Williams %R (14)

Overbought zone

-10.3Bearish
CCI (20)

Strong expansion

209.6Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

38.7Bearish
OBV slope

20-period OBV slope

18.40%Bullish
Volume ratio

Relative to 20-period average volume

0.56xBearish

Trend

Dow Theory Structure

Confirmation $111.58, invalidation $122.7

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

18.8 / 38.3 / 27.7Bullish
Supertrend (10,3)

Price is above Supertrend

$117.96Bullish
Ichimoku Cloud

Cloud Span A / Span B

$120.13 / $118.36Bullish
Donchian Channel (20)

20-period breakout channel position

90%Bullish

Momentum

RSI (14)

Momentum is strong

67.4Bullish
MACD (12,26,9)

Histogram is positive

0.847Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

89.7 / 90.0Bearish
Williams %R (14)

Overbought zone

-10.3Bearish
CCI (20)

Strong expansion

209.6Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

Medium volatility

$3.13 (2.47%)Range
Bollinger Bands (20,2)

Width 11.80%

110%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$125.34 / $112.72Range
ATR channel lower / upper

Current Volatility Envelope

$123.8 / $130.06Range

Volume / Money Flow

MFI (14)

Money flow is weak

38.7Bearish
OBV slope

20-period OBV slope

18.40%Bullish
Volume ratio

Relative to 20-period average volume

0.56xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$128.69Range
Support

Nearest Downside Decision Level

$110.94Range

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