US stock / ETF

Merck & Co., Inc.

MRK · NYSE · USD

1 weekBullish83%
Weekly Upside probability 83%Bullish

MRK 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $96.06 and reclaim $131.74.

Invalidation Trigger

Lose $96.06 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 60.8, MACD 0.241

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $7.64 (5.99%)

Weekly

EMA Structure

Bullish
EMA 8$123.37Bullish
EMA 21$118.56Bullish
EMA 50$110.31Bullish

Signals

CategoryReadStrength
Momentum
RSI 60.8 · MACD 0.241

Momentum is strong

Strength
Bullish
Volatility
ATR $7.64 · BB 18.53%

High volatility

Strength
Bearish
Volume
MFI 50.4 · OBV -0.61%

Relative to 20-period average volume

Strength
Range
Price Levels
$96.06 - $131.74

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+9.31% · 1.6 ATR above latest close

$139.38
Nearest resistance

+3.33% · 0.6 ATR above · 34-bar high

$131.74
Current price

Price shown is delayed

$127.5
Nearest support

-24.66% · 4.1 ATR below · 34-bar low

$96.06
Deeper support zone

-30.65% · 5.1 ATR below latest close

$88.42
ATR zone

Latest close ± ATR14

$119.86 - $135.14

Indicators

Trend

Dow Theory Structure

Confirmation $123.46, invalidation $111.57

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

Trend strength is moderate

14.9 / 19.2 / 21.2Bearish
Supertrend (10,3)

Price is above Supertrend

$101.4Bullish
Ichimoku Cloud

Cloud Span A / Span B

$120.12 / $104.2Bullish
Donchian Channel (20)

20-period breakout channel position

82%Bullish

Volatility

ATR (14)

High volatility

$7.64 (5.99%)Bearish
Bollinger Bands (20,2)

Width 18.53%

89%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$135.28 / $102.55Bearish
ATR channel lower / upper

Current Volatility Envelope

$119.86 / $135.14Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$131.74Range
Support

Nearest Downside Decision Level

$96.06Range

Momentum

RSI (14)

Momentum is strong

60.8Bullish
MACD (12,26,9)

Histogram is positive

0.241Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

82.2 / 82.9Bearish
Williams %R (14)

Overbought zone

-17.8Bearish
CCI (20)

Strong expansion

145.1Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.4Range
OBV slope

20-period OBV slope

-0.61%Bearish
Volume ratio

Relative to 20-period average volume

1.08xRange

Trend

Dow Theory Structure

Confirmation $123.46, invalidation $111.57

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

Trend strength is moderate

14.9 / 19.2 / 21.2Bearish
Supertrend (10,3)

Price is above Supertrend

$101.4Bullish
Ichimoku Cloud

Cloud Span A / Span B

$120.12 / $104.2Bullish
Donchian Channel (20)

20-period breakout channel position

82%Bullish

Momentum

RSI (14)

Momentum is strong

60.8Bullish
MACD (12,26,9)

Histogram is positive

0.241Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

82.2 / 82.9Bearish
Williams %R (14)

Overbought zone

-17.8Bearish
CCI (20)

Strong expansion

145.1Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$7.64 (5.99%)Bearish
Bollinger Bands (20,2)

Width 18.53%

89%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$135.28 / $102.55Bearish
ATR channel lower / upper

Current Volatility Envelope

$119.86 / $135.14Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.4Range
OBV slope

20-period OBV slope

-0.61%Bearish
Volume ratio

Relative to 20-period average volume

1.08xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$131.74Range
Support

Nearest Downside Decision Level

$96.06Range

Related Forecasts