US stock / ETF

Merck & Co., Inc.

MRK · NYSE · USD

1 weekBullish92%
Weekly Upside probability 92%Bullish

MRK 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $106.03 and reclaim $156.92.

Invalidation Trigger

Lose $106.03 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 64.1, MACD 1.412

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $8.95 (6.17%)

Weekly

EMA Structure

Bullish
EMA 8$141.85Bullish
EMA 21$132.15Bullish
EMA 50$119.68Bullish

Signals

CategoryReadStrength
Momentum
RSI 64.1 · MACD 1.412

Momentum is strong

Strength
Bullish
Volatility
ATR $8.95 · BB 38.43%

High volatility

Strength
Bearish
Volume
MFI 63.9 · OBV 25.94%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$106.03 - $156.92

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+14.46% · 2.3 ATR above latest close

$165.87
Nearest resistance

+8.29% · 1.3 ATR above · 34-bar high

$156.92
Current price

Price shown is delayed

$144.91
Nearest support

-26.83% · 4.3 ATR below · 34-bar low

$106.03
Deeper support zone

-33% · 5.3 ATR below latest close

$97.08
ATR zone

Latest close ± ATR14

$135.96 - $153.86

Indicators

Trend

Dow Theory Structure

Confirmation $156.92, invalidation $120.16

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

Trend strength is active

25.5 / 32.0 / 11.9Bullish
Supertrend (10,3)

Price is above Supertrend

$117.91Bullish
Ichimoku Cloud

Cloud Span A / Span B

$136.46 / $117.25Bullish
Donchian Channel (20)

20-period breakout channel position

74%Bullish

Volatility

ATR (14)

High volatility

$8.95 (6.17%)Bearish
Bollinger Bands (20,2)

Width 38.43%

81%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$150.61 / $114.89Bearish
ATR channel lower / upper

Current Volatility Envelope

$135.96 / $153.86Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$156.92Range
Support

Nearest Downside Decision Level

$106.03Range

Momentum

RSI (14)

Momentum is strong

64.1Bullish
MACD (12,26,9)

Histogram is positive

1.412Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

73.5 / 76.8Bearish
Williams %R (14)

Neutral zone

-26.5Range
CCI (20)

Strong expansion

106.4Bullish
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

63.9Bullish
OBV slope

20-period OBV slope

25.94%Bullish
Volume ratio

Relative to 20-period average volume

0.46xBearish

Trend

Dow Theory Structure

Confirmation $156.92, invalidation $120.16

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

Trend strength is active

25.5 / 32.0 / 11.9Bullish
Supertrend (10,3)

Price is above Supertrend

$117.91Bullish
Ichimoku Cloud

Cloud Span A / Span B

$136.46 / $117.25Bullish
Donchian Channel (20)

20-period breakout channel position

74%Bullish

Momentum

RSI (14)

Momentum is strong

64.1Bullish
MACD (12,26,9)

Histogram is positive

1.412Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

73.5 / 76.8Bearish
Williams %R (14)

Neutral zone

-26.5Range
CCI (20)

Strong expansion

106.4Bullish
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$8.95 (6.17%)Bearish
Bollinger Bands (20,2)

Width 38.43%

81%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$150.61 / $114.89Bearish
ATR channel lower / upper

Current Volatility Envelope

$135.96 / $153.86Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

63.9Bullish
OBV slope

20-period OBV slope

25.94%Bullish
Volume ratio

Relative to 20-period average volume

0.46xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$156.92Range
Support

Nearest Downside Decision Level

$106.03Range

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