US stock / ETF

Merck & Co., Inc.

MRK · NYSE · USD

1 weekBullish90%
Weekly Upside probability 90%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 $82.1 and reclaim $128.78.

Invalidation Trigger

Lose $82.1 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 64.0, MACD -0.287

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $7.15 (5.57%)

Weekly

EMA Structure

Bullish
EMA 8$119.52Bullish
EMA 21$115.8Bullish
EMA 50$108.19Bullish

Signals

CategoryReadStrength
Momentum
RSI 64.0 · MACD -0.287

Momentum is strong

Strength
Bullish
Volatility
ATR $7.15 · BB 15.58%

High volatility

Strength
Bearish
Volume
MFI 55.7 · OBV 215.49%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$82.1 - $128.78

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+5.89% · 1.1 ATR above latest close

$135.93
Nearest resistance

+0.32% · 0.1 ATR above · 34-bar high

$128.78
Current price

Price shown is delayed

$128.37
Nearest support

-36.04% · 6.5 ATR below · 34-bar low

$82.1
Deeper support zone

-41.61% · 7.5 ATR below latest close

$74.95
ATR zone

Latest close ± ATR14

$121.22 - $135.52

Indicators

Trend

Dow Theory Structure

Confirmation $108.03, invalidation $123.43

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

Trend strength is active

26.2 / 27.1 / 18.0Bullish
Supertrend (10,3)

Price is above Supertrend

$99.03Bullish
Ichimoku Cloud

Cloud Span A / Span B

$117.51 / $102.73Bullish
Donchian Channel (20)

20-period breakout channel position

98%Bullish

Volatility

ATR (14)

High volatility

$7.15 (5.57%)Bearish
Bollinger Bands (20,2)

Width 15.58%

105%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$130.96 / $101.28Bearish
ATR channel lower / upper

Current Volatility Envelope

$121.22 / $135.52Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$128.78Range
Support

Nearest Downside Decision Level

$82.1Range

Momentum

RSI (14)

Momentum is strong

64.0Bullish
MACD (12,26,9)

Histogram is negative

-0.287Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

98.0 / 68.0Bullish
Williams %R (14)

Overbought zone

-2.0Bearish
CCI (20)

Strong expansion

131.2Bullish
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

55.7Bullish
OBV slope

20-period OBV slope

215.49%Bullish
Volume ratio

Relative to 20-period average volume

1.27xBullish

Trend

Dow Theory Structure

Confirmation $108.03, invalidation $123.43

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

Trend strength is active

26.2 / 27.1 / 18.0Bullish
Supertrend (10,3)

Price is above Supertrend

$99.03Bullish
Ichimoku Cloud

Cloud Span A / Span B

$117.51 / $102.73Bullish
Donchian Channel (20)

20-period breakout channel position

98%Bullish

Momentum

RSI (14)

Momentum is strong

64.0Bullish
MACD (12,26,9)

Histogram is negative

-0.287Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

98.0 / 68.0Bullish
Williams %R (14)

Overbought zone

-2.0Bearish
CCI (20)

Strong expansion

131.2Bullish
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$7.15 (5.57%)Bearish
Bollinger Bands (20,2)

Width 15.58%

105%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$130.96 / $101.28Bearish
ATR channel lower / upper

Current Volatility Envelope

$121.22 / $135.52Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

55.7Bullish
OBV slope

20-period OBV slope

215.49%Bullish
Volume ratio

Relative to 20-period average volume

1.27xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$128.78Range
Support

Nearest Downside Decision Level

$82.1Range

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