Merck & Co Inc Daily Price Recap
Merck & Co Inc is up 1.13% ($0.9) since yesterday, marking the 2nd day in a row it has gone up. This move happened on lower volume, as yesterday’s volume was down 31.47% from the day before — and down 33.04% from the same day the week before. Let’s take a look at the daily price chart of Merck & Co Inc.
Merck & Co Inc Technical Analysis
Volatility for Merck & Co Inc has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 6 out of the past 10 days.
Overheard Around the Web
Over on StockTwits, here’s an example of what they’re saying about MRK:
$PFE Today & Mon. are the last 2 days to trade before the ER on Tues morning. It'll be an interesting 2 days to see how #WallStreet positions itself. @Pfizer performance vis a vis peers, wins price of worse of the big pharma. $MRK $BMY $LLY making PFE look like the RodneyDangerfield of sector. @AlbertBourla has been on job 1 year. Will he make Pfizer Great Again or will he continue to drive it lower? WallStreet will run it up ahead of Tuesday but question is what comes after Tuesday. Pfizer ready?