US stock / ETF

Merck & Co., Inc.

MRK · NYSE · USD

4 hoursBearish84%
4h Downside probability 84%Bearish

MRK 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $145.42 and stabilize above resistance $153.3.

Invalidation Trigger

Break above $153.3 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 35.3, MACD -0.977

4h
Volatility EnvironmentRange
Low volatility

ATR is $2.5 (1.77%)

4h

EMA Structure

Bearish
EMA 8$143.5Bearish
EMA 21$145.42Bearish
EMA 50$145.74Bearish

Signals

CategoryReadStrength
Momentum
RSI 35.3 · MACD -0.977

Momentum is weak

Strength
Bearish
Volatility
ATR $2.5 · BB 8.69%

Low volatility

Strength
Range
Volume
MFI 30.6 · OBV -11.67%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$140.1 - $153.3

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+10.49% · 5.9 ATR above latest close

$155.79
Nearest resistance

+8.72% · 4.9 ATR above · 34-bar high

$153.3
Current price

Price shown is delayed

$141
Nearest support

-0.64% · 0.4 ATR below · 34-bar low

$140.1
Deeper support zone

-2.41% · 1.4 ATR below latest close

$137.6
ATR zone

Latest close ± ATR14

$138.5 - $143.5

Indicators

Trend

Dow Theory Structure

Confirmation $143.71, invalidation $146.61

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

Trend strength is active

29.6 / 13.7 / 39.9Bearish
Supertrend (10,3)

Price is above Supertrend

$132.58Bullish
Ichimoku Cloud

Cloud Span A / Span B

$145.41 / $146.09Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Volatility

ATR (14)

Low volatility

$2.5 (1.77%)Range
Bollinger Bands (20,2)

Width 8.69%

5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$150.77 / $139.97Range
ATR channel lower / upper

Current Volatility Envelope

$138.5 / $143.5Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$153.3Range
Support

Nearest Downside Decision Level

$140.1Range

Momentum

RSI (14)

Momentum is weak

35.3Bearish
MACD (12,26,9)

Histogram is negative

-0.977Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.8 / 3.7Bullish
Williams %R (14)

Oversold zone

-93.2Bullish
CCI (20)

Weak expansion

-167.0Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

30.6Bearish
OBV slope

20-period OBV slope

-11.67%Bearish
Volume ratio

Relative to 20-period average volume

2.01xBullish

Trend

Dow Theory Structure

Confirmation $143.71, invalidation $146.61

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

Trend strength is active

29.6 / 13.7 / 39.9Bearish
Supertrend (10,3)

Price is above Supertrend

$132.58Bullish
Ichimoku Cloud

Cloud Span A / Span B

$145.41 / $146.09Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Momentum

RSI (14)

Momentum is weak

35.3Bearish
MACD (12,26,9)

Histogram is negative

-0.977Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.8 / 3.7Bullish
Williams %R (14)

Oversold zone

-93.2Bullish
CCI (20)

Weak expansion

-167.0Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volatility

ATR (14)

Low volatility

$2.5 (1.77%)Range
Bollinger Bands (20,2)

Width 8.69%

5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$150.77 / $139.97Range
ATR channel lower / upper

Current Volatility Envelope

$138.5 / $143.5Range

Volume / Money Flow

MFI (14)

Money flow is weak

30.6Bearish
OBV slope

20-period OBV slope

-11.67%Bearish
Volume ratio

Relative to 20-period average volume

2.01xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$153.3Range
Support

Nearest Downside Decision Level

$140.1Range

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