US stock / ETF

Merck & Co., Inc.

MRK · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

MRK 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $143.23 and stabilize above resistance $150.

Invalidation Trigger

Break above $150 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 38.1, MACD -0.132

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.49 (1.05%)

4h

EMA Structure

Bearish
EMA 8$141.37Bearish
EMA 21$143.23Bearish
EMA 50$145.23Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.1 · MACD -0.132

Momentum is weak

Strength
Bearish
Volatility
ATR $1.49 · BB 7.46%

Low volatility

Strength
Bullish
Volume
MFI 65.8 · OBV -6.16%

Relative to 20-period average volume

Strength
Range
Price Levels
$139.06 - $150

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+7.3% · 6.9 ATR above latest close

$151.49
Nearest resistance

+6.25% · 5.9 ATR above · 34-bar high

$150
Current price

Price shown is delayed

$141.18
Nearest support

-1.5% · 1.4 ATR below · 34-bar low

$139.06
Deeper support zone

-2.56% · 2.4 ATR below latest close

$137.57
ATR zone

Latest close ± ATR14

$139.69 - $142.67

Indicators

Trend

Dow Theory Structure

Confirmation $139.06, invalidation $145.5

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

Trend strength is active

54.3 / 20.5 / 31.4Bearish
Supertrend (10,3)

Price is above Supertrend

$137.07Bullish
Ichimoku Cloud

Cloud Span A / Span B

$143.19 / $146.32Bearish
Donchian Channel (20)

20-period breakout channel position

19%Bearish

Volatility

ATR (14)

Low volatility

$1.49 (1.05%)Bullish
Bollinger Bands (20,2)

Width 7.46%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$146.09 / $140.11Bullish
ATR channel lower / upper

Current Volatility Envelope

$139.69 / $142.67Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$150Range
Support

Nearest Downside Decision Level

$139.06Range

Momentum

RSI (14)

Momentum is weak

38.1Bearish
MACD (12,26,9)

Histogram is negative

-0.132Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

32.9 / 35.7Bearish
Williams %R (14)

Neutral zone

-67.1Range
CCI (20)

Balanced zone

-68.6Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

65.8Bullish
OBV slope

20-period OBV slope

-6.16%Bearish
Volume ratio

Relative to 20-period average volume

1.55xBullish

Trend

Dow Theory Structure

Confirmation $139.06, invalidation $145.5

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

Trend strength is active

54.3 / 20.5 / 31.4Bearish
Supertrend (10,3)

Price is above Supertrend

$137.07Bullish
Ichimoku Cloud

Cloud Span A / Span B

$143.19 / $146.32Bearish
Donchian Channel (20)

20-period breakout channel position

19%Bearish

Momentum

RSI (14)

Momentum is weak

38.1Bearish
MACD (12,26,9)

Histogram is negative

-0.132Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

32.9 / 35.7Bearish
Williams %R (14)

Neutral zone

-67.1Range
CCI (20)

Balanced zone

-68.6Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$1.49 (1.05%)Bullish
Bollinger Bands (20,2)

Width 7.46%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$146.09 / $140.11Bullish
ATR channel lower / upper

Current Volatility Envelope

$139.69 / $142.67Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

65.8Bullish
OBV slope

20-period OBV slope

-6.16%Bearish
Volume ratio

Relative to 20-period average volume

1.55xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$150Range
Support

Nearest Downside Decision Level

$139.06Range

Related Forecasts