MRK
(Last Updated April 15, 2021)
Welcome to the news page for Merck & Co Inc (MRK). Below you’ll find our daily market updates. Here’s a technical and fundamental summary of where things currently stand:
The Trend
As for trends on MRK, we’re seeing an uptrend on shorter timeframes — but a downtrend on the 90 day timeframe. As such, traders with short positions should be aware of the downtrend in place on the longer timeframes.
MRK Moving Averages
Nuances in the trend on MRK can be understood by observing the behavior of its moving averages. Out of the moving averages we’re monitoring (20, 50, 100, and 200 days), all but the 200 are bearish, implying a downward trend, save for a spike that occurred about 6 months ago. Interestingly, today we saw the 20 day moving average turn bearish, while the 200 day moving average turned bullish.
Below is a chart showing MRK’s price with its moving averages.
Merck & Co Inc (MRK) Up 0.62%; in a Downtrend Over Past 14 Days
The change in price came along side change in volume that was down 13.06% from previous day, but up 61.87% from the wednesday of last week.
Merck & Co Inc (MRK) 2 Day Down Streak Snapped, in a Downtrend Over Past 30 Days; Pin Bar Pattern Appearing on Chart
For additional context, note that price has gone down 8 out of the past 14 days.
Merck & Co Inc (MRK) Underperforms All mega cap US stocks, Down 0.33%; in a Downtrend Over Past 30 Days
The change in price came along side change in volume that was down 28.62% from previous day, but up 25.88% from the monday of last week.
Merck & Co Inc (MRK) Makes Big Move Relative to Two Week Trend, Down 2.68%; in a Downtrend Over Past 30 Days
This week 100% stocks *** pltr idex and dpw this week.