Merck & Co Inc (MRK) Up 1.1%; in a Downtrend Over Past 14 Days

The Hourly View for MRK

Last Updated January 29, 2021, 12:40 GMT

At the time of this writing, MRK’s price is up $0.64 (0.83%) from the hour prior. This is the 2nd hour in a row MRK has seen its price head down. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Merck & Co Inc Daily Price Recap

77.92 was the closing price of the day for Merck & Co Inc, resulting in today being one in which price moved up 1.1% ($0.85) from the day prior. The change in price came along side change in volume that was down 20% from previous day, but up 53.21% from the Thursday of last week. Let’s take a look at the daily price chart of Merck & Co Inc.

MRK

Merck & Co Inc Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving down. Or to view things another way, note that out of the past 14 days Merck & Co Inc’s price has gone down 10 them.

Overheard Around the Web

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

    $SRNE can I vent? Let me say this, $mrk employees definitely walk around with sticks in their a$$. It started at the guard shack where Mr. Mall cop on steroids was a real pain in the a$$ to deal with. After a full fledged cavity search and vehicle inspection I was finally let through the gate. My next two encounters with employees were meh okay. But this fourth person took the cake. I asked this guy to take a box for me and he said he couldn't. Ok fine, I sit the box next to his feet. Second time my brother and i move 3 light poles which our job by the way. The fourth light is a lot bigger for the two of us and I ask the guy to help. He says no he can't. Ok I tell you I'll sit this MF right here in the street. I guess he thought I was the worker and he wasn't. Do not turn your nose up at me, I can match any degree on your wall or perceived status you think you may have. I'd make Merck's ceo move a box if he was standing there. I invested with srne anyway fu*k $mrk.

    Considerthebrightside