US stock / ETF

Merck & Co., Inc.

MRK · NYSE · USD

1 hourBullish58%
1h Upside probability 58%Bullish

MRK 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $123.12 and reclaim $131.74.

Invalidation Trigger

Lose $123.12 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

1h
Momentum StateRange
Momentum mixed

RSI 50.9, MACD -0.364

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.9711 (0.76%)

1h

EMA Structure

Bullish
EMA 8$128.14Bearish
EMA 21$127.86Bearish
EMA 50$126.49Bullish

Signals

CategoryReadStrength
Momentum
RSI 50.9 · MACD -0.364

Neutral zone

Strength
Range
Volatility
ATR $0.9711 · BB 2.97%

Low volatility

Strength
Bullish
Volume
MFI 68.4 · OBV 4.81%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$123.12 - $131.74

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.98% · 5.2 ATR above latest close

$132.71
Nearest resistance

+3.22% · 4.2 ATR above · 34-bar high

$131.74
Current price

Price shown is delayed

$127.63
Nearest support

-3.54% · 4.6 ATR below · 34-bar low

$123.12
Deeper support zone

-4.3% · 5.6 ATR below latest close

$122.15
ATR zone

Latest close ± ATR14

$126.66 - $128.6

Indicators

Trend

Dow Theory Structure

Confirmation $131.74, invalidation $127.03

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

39.2 / 25.1 / 37.1Bearish
Supertrend (10,3)

Price is above Supertrend

$124.15Bullish
Ichimoku Cloud

Cloud Span A / Span B

$128.63 / $125.95Bearish
Donchian Channel (20)

20-period breakout channel position

13%Range

Volatility

ATR (14)

Low volatility

$0.9711 (0.76%)Bullish
Bollinger Bands (20,2)

Width 2.97%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$130.28 / $125.54Bullish
ATR channel lower / upper

Current Volatility Envelope

$126.66 / $128.6Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$131.74Range
Support

Nearest Downside Decision Level

$123.12Range

Momentum

RSI (14)

Neutral zone

50.9Range
MACD (12,26,9)

Histogram is negative

-0.364Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.8 / 10.1Bullish
Williams %R (14)

Oversold zone

-87.2Bullish
CCI (20)

Balanced zone

-75.0Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

68.4Bullish
OBV slope

20-period OBV slope

4.81%Bullish
Volume ratio

Relative to 20-period average volume

3.71xBullish

Trend

Dow Theory Structure

Confirmation $131.74, invalidation $127.03

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

39.2 / 25.1 / 37.1Bearish
Supertrend (10,3)

Price is above Supertrend

$124.15Bullish
Ichimoku Cloud

Cloud Span A / Span B

$128.63 / $125.95Bearish
Donchian Channel (20)

20-period breakout channel position

13%Range

Momentum

RSI (14)

Neutral zone

50.9Range
MACD (12,26,9)

Histogram is negative

-0.364Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.8 / 10.1Bullish
Williams %R (14)

Oversold zone

-87.2Bullish
CCI (20)

Balanced zone

-75.0Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Low volatility

$0.9711 (0.76%)Bullish
Bollinger Bands (20,2)

Width 2.97%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$130.28 / $125.54Bullish
ATR channel lower / upper

Current Volatility Envelope

$126.66 / $128.6Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

68.4Bullish
OBV slope

20-period OBV slope

4.81%Bullish
Volume ratio

Relative to 20-period average volume

3.71xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$131.74Range
Support

Nearest Downside Decision Level

$123.12Range

Related Forecasts