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MERCK & CO. INC. (6MK.DE) Stock Technical Analysis

FRA:6MK - Deutsche Boerse Ag - US58933Y1055 - Common Stock - Currency: EUR

89  +3.5 (+4.09%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to 6MK. 6MK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, 6MK is a bad performer in the overall market: 92% of all stocks are doing better.
6MK is one of the lesser performing stocks in the Pharmaceuticals industry. 60% of 52 stocks in the same industry do better.
6MK is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Warning: 6MK has an average volume of 6417 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month 6MK has a been trading in the 77.40 - 90.50 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
MERCK & CO. INC. / 6MK Weekly stock chart
MERCK & CO. INC. / 6MK Daily stock chart
Setup Rating and Analysis

3

The technical rating of 6MK is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

86.29

103.02

When analyzing the support we notice one important area.

  • A support zone ranging from 87.16 to 88.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 90.29 to 91.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 97.60 to 99.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @102.00 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.35
Mansfield-1.82
10 Day High90.5
10 Day Low84.4
20 Day High90.5
20 Day Low77.4
52 Week High125.6
52 Week Low77.4
Performance
1 Week1.71%
2 Weeks4.71%
1 Month4.46%
3 Month-9%
6 Month-16.98%
12 Month-21.24%
2 Year-8.62%
3 Year19.58%
5 Year27.14%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.8
RSI(14)54.52
LBB79.77
UBB91.53
MERCK & CO. INC. / 6MK Daily stock chart

MERCK & CO. INC.

FRA:6MK (3/7/2025, 7:00:00 PM)

89

+3.5 (+4.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg4.09%
1 Week1.71%
2 Weeks4.71%
1 Month4.46%
3 Month-9%
6 Month-16.98%
12 Month-21.24%
2 Year-8.62%
3 Year19.58%
5 Year27.14%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.51
ATR(20)%2.54%
ATR Inc33.13%
Range Today4.9
ADR(20)1.9
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.35
Mansfield-1.82
10 Day High90.5
10 Day Low84.4
20 Day High90.5
20 Day Low77.4
52 Week High125.6
52 Week Low77.4
CS1 End88.33
CR1 Start90.29
Volume & EV
DER(3)0.01%
DER(5)0.1%
Volume7.46K
Volume Incr-60.62%
Vol(5)4.82K
Vol(50)6.42K