Merck & Co Inc (MRK) Up 1.81%

Merck & Co Inc Daily Price Recap

79.98 was the closing price of the day for Merck & Co Inc, resulting in today being one in which price moved up 1.81% ($1.42) from the day prior. The price move occurred on volume that was down 31.91% from the day prior, but up 55% from the same day the week before. Here is a daily price chart of Merck & Co Inc.

Merck & Co Inc Technical Analysis

Coming into today the current price of Merck & Co Inc is sitting close to its 20 and 50 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. 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. The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 10 days Merck & Co Inc’s price has gone up 6 them.

Overheard Around the Web

Here’s what one trader on StockTwits recently had to say in regards to MRK:

    $GILD $MRK $SNAP BLRX is starting to move as it announced new patent for its lead oncology candidate “TREATMENT FOR METASTIC PANCREATIC ADENOCARCINOMA” and as promised here is my new article on low floater BLRX. All I can tell you is don’t miss the boat on this one because it will triple by year end….Read why:

    https://seekingalpha.com/instablog/50857529-johnsoriaknows/5437666-blrx-1_6-extremely-undervalued-trading-below-cash-huge-catalysts-in-2h-2020