MERCK KGAA (MRK.DE) Stock Technical Analysis
FRA:MRK - Deutsche Boerse Ag - DE0006599905 - Common Stock - Currency: EUR
We assign a technical rating of 0 out of 10 to MRK. MRK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, MRK is a bad performer in the overall market: 86% of all stocks are doing better.
MRK 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.
In the last month MRK has a been trading in the 132.80 - 142.45 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
MRK is part of the Pharmaceuticals industry. There are 52 other stocks in this industry, MRK did better than 49% of them.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, MRK does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 139.71. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 135.49, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
133.15
153.03
When analyzing the support we notice one important area.
- A support zone ranging from 134.49 to 135.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 139.71 to 140.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 145.41 to 146.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @151.51 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.49
Mansfield-1.46
10 Day High142.45
10 Day Low133.95
20 Day High142.45
20 Day Low132.8
52 Week High177
52 Week Low132.8
Performance
1 Week-0.4%
2 Weeks0%
1 Month-3.32%
3 Month-3.04%
6 Month-19.73%
12 Month-13.72%
2 Year-21.01%
3 Year-28.63%
5 Year44.73%
10 Year29.6%
15 Year351.67%
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)0.38
RSI(14)45.07
LBB133.39
UBB139.88
FRA:MRK (3/7/2025, 7:00:00 PM)
135.5
-5.8 (-4.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-4.1%
1 Week-0.4%
2 Weeks0%
1 Month-3.32%
3 Month-3.04%
6 Month-19.73%
12 Month-13.72%
2 Year-21.01%
3 Year-28.63%
5 Year44.73%
10 Year29.6%
15 Year351.67%
Volatility
ATR(14)3.39
ATR(20)%2.35%
ATR Inc179.42%
Range Today7.75
ADR(20)3.03
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.49
Mansfield-1.46
10 Day High142.45
10 Day Low133.95
20 Day High142.45
20 Day Low132.8
52 Week High177
52 Week Low132.8
CS1 End135.49
CR1 Start139.71
Volume & EV
DER(3)1.69%
DER(5)0.46%
Volume514.93K
Volume Incr39.13%
Vol(5)469.23K
Vol(50)304.40K