Stock Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
MERCK KGAA SPNS/ADR (NASDAQ:MKKGY)
Sidelines Mode (+55) - MKKGY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MKKGY?
MarketClub looks at technical strength and momentum to determine if the timing is right for MKKGY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MKKGY
The long-term trend has been UP since Aug 1st, 2022 at 38.37
The intermediate-term trend has been UP since Jul 7th, 2022 at 35.21
The short-term trend has been DOWN since Aug 16th, 2022 at 37.64
Smart Scan Analysis for MKKGY
Based on our trend formula, MKKGY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||22.84||Year High Date||2018-01-16|
|Year Low||18.53||Year Low Date||2018-03-23|
|52wk High||52.29||52wk High Date||2021-12-31|
|52wk Low||32.39||52wk Low Date||2022-06-23|