US stock / ETF

Merck & Co., Inc.

MRK · NYSE · USD

1 hourBearish78%
1h Downside probability 78%Bearish

MRK 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $151.8 and stabilize above resistance $157.

Invalidation Trigger

Break above $157 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 41.4, MACD -0.067

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1 (0.66%)

1h

EMA Structure

Bearish
EMA 8$150.99Bearish
EMA 21$151.8Bearish
EMA 50$152.16Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.4 · MACD -0.067

Momentum is weak

Strength
Bearish
Volatility
ATR $1 · BB 2.81%

Low volatility

Strength
Bullish
Volume
MFI 65.6 · OBV 8.61%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$149 - $157

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+4.71% · 7.1 ATR above latest close

$158
Nearest resistance

+4.05% · 6.1 ATR above · 34-bar high

$157
Current price

Price shown is delayed

$150.89
Nearest support

-1.25% · 1.9 ATR below · 34-bar low

$149
Deeper support zone

-1.92% · 2.9 ATR below latest close

$148
ATR zone

Latest close ± ATR14

$149.89 - $151.89

Indicators

Trend

Dow Theory Structure

Confirmation $149, invalidation $151.44

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

Trend strength is active

73.4 / 9.2 / 45.0Bearish
Supertrend (10,3)

Price is above Supertrend

$146.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$151.55 / $153Bearish
Donchian Channel (20)

20-period breakout channel position

38%Bearish

Volatility

ATR (14)

Low volatility

$1 (0.66%)Bullish
Bollinger Bands (20,2)

Width 2.81%

30%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$154.04 / $149.46Bullish
ATR channel lower / upper

Current Volatility Envelope

$149.89 / $151.89Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$157Range
Support

Nearest Downside Decision Level

$149Range

Momentum

RSI (14)

Momentum is weak

41.4Bearish
MACD (12,26,9)

Histogram is negative

-0.067Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.2 / 41.0Bullish
Williams %R (14)

Neutral zone

-53.8Range
CCI (20)

Balanced zone

-89.7Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

65.6Bullish
OBV slope

20-period OBV slope

8.61%Bullish
Volume ratio

Relative to 20-period average volume

5.51xBullish

Trend

Dow Theory Structure

Confirmation $149, invalidation $151.44

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

Trend strength is active

73.4 / 9.2 / 45.0Bearish
Supertrend (10,3)

Price is above Supertrend

$146.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$151.55 / $153Bearish
Donchian Channel (20)

20-period breakout channel position

38%Bearish

Momentum

RSI (14)

Momentum is weak

41.4Bearish
MACD (12,26,9)

Histogram is negative

-0.067Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.2 / 41.0Bullish
Williams %R (14)

Neutral zone

-53.8Range
CCI (20)

Balanced zone

-89.7Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$1 (0.66%)Bullish
Bollinger Bands (20,2)

Width 2.81%

30%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$154.04 / $149.46Bullish
ATR channel lower / upper

Current Volatility Envelope

$149.89 / $151.89Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

65.6Bullish
OBV slope

20-period OBV slope

8.61%Bullish
Volume ratio

Relative to 20-period average volume

5.51xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$157Range
Support

Nearest Downside Decision Level

$149Range

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