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Stock Trend Analysis Report
Prepared for you on Thursday, May 2, 2024.
Merck & Company, Inc. (new) (NYSE:MRK)
Bull Market Weakness (+75) - MRK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MRK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MRK?
MarketClub looks at technical strength and momentum to determine if the timing is right for MRK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MRK
The long-term trend has been UP since Jan 2nd, 2024 at 109.24
The intermediate-term trend has been UP since Mar 27th, 2024 at 126.54
The short-term trend has been DOWN since May 1st, 2024 at 128.98
Smart Scan Analysis for MRK
Based on our trend formula, MRK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 129.620 | 129.690 | 127.985 | 128.025 | -0.775 |
| Prev. Close | Volume | Bid | Ask | Time |
| 128.800 | 4422668 | 2024-05-02 15:59:06 |
| Year High | 78.48 | Year High Date | 2018-11-29 |
| Year Low | 52.83 | Year Low Date | 2018-04-03 |
| 52wk High | 133.1 | 52wk High Date | 2024-03-27 |
| 52wk Low | 99.14 | 52wk Low Date | 2023-10-19 |
| Year End Close | 40.94 | Average Volume | 6,897,979 |
| Shares Outstanding | 2,532,644 | Short Interest | 21,243,516 |
| % Institutional | 72.3 | Market Cap | 212,306M |
| Assets | 106,675,000M | Liabilities | 690,940,000M |
| P/E Ratio | 920 | Beta | 0.35 |
| Volatility | 17.37 |