US stock / ETF

Merck & Co., Inc.

MRK · NYSE · USD

4 hoursBullish92%
4h Upside probability 92%Bullish

MRK 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $120.16 and reclaim $131.74.

Invalidation Trigger

Lose $120.16 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 56.5, MACD 0.601

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.91 (1.49%)

4h

EMA Structure

Bullish
EMA 8$127.57Bullish
EMA 21$126.13Bullish
EMA 50$125.27Bullish

Signals

CategoryReadStrength
Momentum
RSI 56.5 · MACD 0.601

Momentum is strong

Strength
Bullish
Volatility
ATR $1.91 · BB 9.11%

Low volatility

Strength
Bullish
Volume
MFI 62.3 · OBV 10.09%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$120.16 - $131.74

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+4.71% · 3.2 ATR above latest close

$133.65
Nearest resistance

+3.22% · 2.2 ATR above · 34-bar high

$131.74
Current price

Price shown is delayed

$127.63
Nearest support

-5.86% · 3.9 ATR below · 34-bar low

$120.16
Deeper support zone

-7.35% · 4.9 ATR below latest close

$118.25
ATR zone

Latest close ± ATR14

$125.73 - $129.54

Indicators

Trend

Dow Theory Structure

Confirmation $131.74, invalidation $120.16

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

Trend strength is active

38.7 / 44.2 / 6.1Bullish
Supertrend (10,3)

Price is above Supertrend

$121.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$126.69 / $125.95Bullish
Donchian Channel (20)

20-period breakout channel position

65%Range

Volatility

ATR (14)

Low volatility

$1.91 (1.49%)Bullish
Bollinger Bands (20,2)

Width 9.11%

73%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$130.12 / $122.25Bullish
ATR channel lower / upper

Current Volatility Envelope

$125.73 / $129.54Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$131.74Range
Support

Nearest Downside Decision Level

$120.16Range

Momentum

RSI (14)

Momentum is strong

56.5Bullish
MACD (12,26,9)

Histogram is positive

0.601Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

64.5 / 74.6Bearish
Williams %R (14)

Neutral zone

-35.5Range
CCI (20)

Balanced zone

80.7Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

62.3Bullish
OBV slope

20-period OBV slope

10.09%Bullish
Volume ratio

Relative to 20-period average volume

1.59xBullish

Trend

Dow Theory Structure

Confirmation $131.74, invalidation $120.16

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

Trend strength is active

38.7 / 44.2 / 6.1Bullish
Supertrend (10,3)

Price is above Supertrend

$121.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$126.69 / $125.95Bullish
Donchian Channel (20)

20-period breakout channel position

65%Range

Momentum

RSI (14)

Momentum is strong

56.5Bullish
MACD (12,26,9)

Histogram is positive

0.601Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

64.5 / 74.6Bearish
Williams %R (14)

Neutral zone

-35.5Range
CCI (20)

Balanced zone

80.7Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$1.91 (1.49%)Bullish
Bollinger Bands (20,2)

Width 9.11%

73%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$130.12 / $122.25Bullish
ATR channel lower / upper

Current Volatility Envelope

$125.73 / $129.54Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

62.3Bullish
OBV slope

20-period OBV slope

10.09%Bullish
Volume ratio

Relative to 20-period average volume

1.59xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$131.74Range
Support

Nearest Downside Decision Level

$120.16Range

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