US stock / ETF

Merck & Co., Inc.

MRK · NYSE · USD

4 hoursBullish89%
4h Upside probability 89%Bullish

MRK 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $111.58 and reclaim $128.69.

Invalidation Trigger

Lose $111.58 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 70.2, MACD 1.339

4h
Volatility EnvironmentRange
Low volatility

ATR is $2.2 (1.73%)

4h

EMA Structure

Bullish
EMA 8$123.45Bullish
EMA 21$120.24Bullish
EMA 50$118.42Bullish

Signals

CategoryReadStrength
Momentum
RSI 70.2 · MACD 1.339

Momentum is strong

Strength
Bullish
Volatility
ATR $2.2 · BB 15.33%

Low volatility

Strength
Range
Volume
MFI 80.9 · OBV 10.83%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$111.58 - $128.69

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.12% · 1.8 ATR above latest close

$130.89
Nearest resistance

+1.39% · 0.8 ATR above · 34-bar high

$128.69
Current price

Price shown is delayed

$126.93
Nearest support

-12.09% · 7.0 ATR below · 34-bar low

$111.58
Deeper support zone

-13.82% · 8.0 ATR below latest close

$109.38
ATR zone

Latest close ± ATR14

$124.73 - $129.13

Indicators

Trend

Dow Theory Structure

Confirmation $111.58, invalidation $115.97

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

Trend strength is active

39.2 / 48.4 / 11.7Bullish
Supertrend (10,3)

Price is above Supertrend

$121.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$120.88 / $120.13Bullish
Donchian Channel (20)

20-period breakout channel position

90%Bullish

Volatility

ATR (14)

Low volatility

$2.2 (1.73%)Range
Bollinger Bands (20,2)

Width 15.33%

96%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$124.64 / $116.08Range
ATR channel lower / upper

Current Volatility Envelope

$124.73 / $129.13Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$128.69Range
Support

Nearest Downside Decision Level

$111.58Range

Momentum

RSI (14)

Momentum is strong

70.2Bullish
MACD (12,26,9)

Histogram is positive

1.339Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

89.7 / 94.8Bearish
Williams %R (14)

Overbought zone

-10.3Bearish
CCI (20)

Strong expansion

157.5Bullish
TD Sequential

Exhaustion setup is near completion

sell 8Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

80.9Bullish
OBV slope

20-period OBV slope

10.83%Bullish
Volume ratio

Relative to 20-period average volume

0.56xBearish

Trend

Dow Theory Structure

Confirmation $111.58, invalidation $115.97

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

Trend strength is active

39.2 / 48.4 / 11.7Bullish
Supertrend (10,3)

Price is above Supertrend

$121.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$120.88 / $120.13Bullish
Donchian Channel (20)

20-period breakout channel position

90%Bullish

Momentum

RSI (14)

Momentum is strong

70.2Bullish
MACD (12,26,9)

Histogram is positive

1.339Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

89.7 / 94.8Bearish
Williams %R (14)

Overbought zone

-10.3Bearish
CCI (20)

Strong expansion

157.5Bullish
TD Sequential

Exhaustion setup is near completion

sell 8Bearish

Volatility

ATR (14)

Low volatility

$2.2 (1.73%)Range
Bollinger Bands (20,2)

Width 15.33%

96%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$124.64 / $116.08Range
ATR channel lower / upper

Current Volatility Envelope

$124.73 / $129.13Range

Volume / Money Flow

MFI (14)

Money flow is strong

80.9Bullish
OBV slope

20-period OBV slope

10.83%Bullish
Volume ratio

Relative to 20-period average volume

0.56xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$128.69Range
Support

Nearest Downside Decision Level

$111.58Range

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