Trading Signals: MRK Stock Price Prediction and Forecast

^ MRK: Intraday Forecast Similar Waves Research Timing Gains Losses Strategies Practice

Fri. Nov. 30, 2018

Trading Signals: MRK Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Wed. Feb. 24, 2021)

(Merck)
MRK latest price $78.2567 (1.84%) ($76.6578 - $78.4046) on Fri. Nov. 30, 2018.

Trend Analysis and Forecast

Trend Pattern   Overbought
Trend Narrative   Breakout
Average Daily Price Swing   $1.58 (2.13% one month average)
Average Daily Percentage Swing   1.1% (three month average)
Weekly Trend Force   0.6% (StdDev 1.1%)
Daily Moving Force   0.2%
Correction Force   Weak (0%)
Trend   0.36%
Trend Strength   1.3%
RSI   72
Momentum   1.9
Latest Price   $78.2567(1.84%)
Forecasted Low Price   78.02(-0.3%)
Forecasted High Price   79.12(1.1%)
Direction of Next Movement   Higher(0.8%)
% Change Needed to Confirm Correction   -100% (0)
% Change Needed for Trend Reversal   4.5%
Hourly Trend 0% [$0(0), $0(0)]
Stocks Behave Similarly   Similar Stock List
Complacency   0
Intraday Reversal Probability   N/A.
Daily Trend   MRK advances 1.2% a day on average for past five trading days.
Weekly Trend   MRK advances 1.8% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support MRK advance at 0.1% a week (69% probability)
XLV(80%)    VYM(67%)    IVW(66%)    SPY(66%)    IVE(65%)
Factors Impacting MRK price   MRK will decline at least -0.1% in a week (33% probabilities).
VXX(-49%)    VIXM(-25%)    DIA(-25%)    TLT(-24%)    UUP(-23%)
Explanation The rally is not sustainable and not supported by the broad market.
Trading Plan   Buy the breakout

Valuation to SPY 0.7

Relative Volatility 0.6 (options are expensive)

Market Trend Strength   0.6% (StdDev 1.1%)
Hourly BBV 0 ()
Intraday Trend 1.9%

Next Hour Price   $78.26(0%)
Support Level   $74.32
5 Day Moving Average   $76.2(2.7%)
10 Day Moving Average   $75.31(3.91%)
20 Day Moving Average   $74.32(5.3%)
To recent high   0%
To recent low   17.6%
Market Cap   $197.924b

Option Sentiment

Merck & Co., Inc. engages in the provision of health solutions through its prescription medicines, vaccines, biologic therapies, animal health, and consumer care products. It operates through the following segments: Pharmaceutical, Animal Health, Healthcare Services, and Alliances. The Pharmaceutical segment includes human health pharmaceutical and vaccine products. The Animal Health segment discovers, develops, manufactures, and markets animal health products, such as pharmaceutical and vaccine products, for the prevention, treatment and control of disease in livestock and companion animal species, which it sells to veterinarians, distributors, and animal producers. The Healthcare Services segment offers services and solutions that focus on engagement, health analytics, and clinical services to improve the value of care delivered to patients. The Alliances segment includes results from the Company's relationship with AstraZeneca LP related to sales of Nexium and Prilosec. The company was founded in 1891 and is headquartered in Kenilworth, NJ.

$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. MRK price fluctuates within 2.13% (three month std-dev: 1.1% one year average std_dev: 0%) daily (68% of days).
$. MRK price fluctuates within 0% weekly (one year average std_dev: %).

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20181230

i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Nov_30_2018	74.32 (0.4%)	75.31 (0.4%)	76.2 (1.2%)		(0%)	78.26(1.84%)	76.66-78.4	1.9(2.5)	0	0.2%	0.6%	0%	0.36%	1.3%	72	1.9	Overbought	Higher(0.8%)	0	0	1.1	Breakout	78.93(0.86%)	77.59-79.51	21.36	0%-17.6%
2	Nov_29_2018	74 (0.4%)	74.85 (0.2%)	75.28 (0.8%)		(0%)	76.85(0.88%)	76.06-77.41	1.5(2.1)	0	0.2%	0.4%	0%	0.24%	1.1%	62	1.7	Growing Uptrend	Higher(0.6%)	0	0	0.7	Breakout	77.24(0.51%)	76.36-77.62	10.91	0%-15.4%
3	Nov_28_2018	73.78 (0.4%)	74.46 (0.2%)	74.66 (0.7%)		(0%)	76.18(1.17%)	75.23-76.3	1.2(2)	0	0.1%	0.3%	0%	0.16%	0.9%	61	1.5	Growing Uptrend	Range(0.4%)	0	0	1	Breakout	76.39(0.28%)	75.75-76.68	12.05	0%-14.4%
4	Nov_27_2018	73.56 (0.2%)	74.19 (0%)	74.66 (0%)		(0%)	75.3(1.19%)	74.05-75.47	0.8(1.6)	0	%	0.3%	0%	0.14%	0.9%	67	1.4	Uptrend Consolidation	Range(0.3%)	0	0	0.6	Uptrend	75.41(0.14%)	74.98-75.59	14.62	-0%-13.1%
5	Nov_26_2018	73.32 (0.2%)	74.02 (0.2%)	74.18 (-0.2%)		(0%)	74.41(1.03%)	73.77-74.72	0.8(0.9)	0	%	0.2%	0%	0.16%	1%	65	1.6	Uptrend Consolidation	Range(0.2%)	0	0	0.4	Uptrend Consolidation	74.15(-0.35%)	73.98-74.66	10.88	-1.2%-11.8%

6	Nov_23_2018	73.09 (0.2%)	73.96 (0.2%)	74.3 (-0%)		(0%)	73.65(-0.16%)	73-74.27	0.8(0.4)	0	%	0%	0%	0.22%	1.2%	67	1.9	Uptrend Consolidation	Range(0.1%)	0	0	-0.7	Uptrend	74.03(0.51%)	73.54-74.23	3.52	-2.2%-10.6%
7	Nov_21_2018	72.87 (0.2%)	74.04 (0.2%)	74.33 (0.2%)		(0%)	73.77(0.01%)	73.17-74.04	1(0.5)	0	%	0.1%	0%	0.26%	1.6%	60	2.3	Growing Uptrend	Range(0.1%)	0	0	-0.4	Uptrend	74.35(0.78%)	73.59-74.67	9.05	-2%-10.8%
8	Nov_20_2018	72.67 (0.2%)	74.07 (0.2%)	74.2 (0.1%)		(0%)	73.76(-2.06%)	73.63-75.32	1.1(0.6)	0	%	0.2%	0%	0.26%	1.9%	57	2.3	Growing Uptrend	Higher(1.2%)	0	0	-1.1	After Top	74.26(0.68%)	73.22-75.12	13.59	-2.1%-10.8%
9	Nov_19_2018	72.54 (0.2%)	73.94 (0.2%)	74.16 (0.4%)		(0%)	75.31(0.38%)	74.56-75.56	1.3(1.6)	0	0.1%	0.4%	0%	0.28%	1.9%	69	2.3	Growing Uptrend	Range(0.5%)	0	0	-0.2	Uptrend	75.87(0.74%)	74.8-76.32	16.42	0%-13.1%
10	Nov_16_2018	72.34 (0.2%)	73.63 (0.2%)	73.84 (0.3%)		(0%)	75.02(1.63%)	73.53-75.21	1.2(1.6)	0	0.1%	0.4%	0%	0.28%	1.8%	73	2.2	Growing Uptrend	Range(0.5%)	0	0	0.5	Uptrend	75.54(0.69%)	74.55-75.97	13.73	-0%-12.7%

11	Nov_15_2018	72.15 (0.2%)	73.26 (0.4%)	73.6 (-0.2%)		(0%)	73.82(1.01%)	72.13-73.85	1.1(1.1)	0	%	0.2%	0%	0.3%	1.5%	74	2	Uptrend Consolidation	Range(0.2%)	0	0	-0.2	Uptrend Consolidation	73.48(-0.46%)	73.19-74.35	11.97	-0.8%-11.8%
12	Nov_14_2018	72.01 (0.4%)	73.09 (0.4%)	73.73 (-0.3%)		(0%)	73.08(-0.7%)	72.67-73.94	1.2(0.7)	0	-0.1%	0.1%	0%	0.38%	1.5%	74	2	Uptrend Consolidation	Range(0.4%)	0	0	-0.5	Uptrend Consolidation	72.91(-0.23%)	72.62-73.8	9.48	-1.8%-12.2%
13	Nov_13_2018	71.9 (0.4%)	73.05 (0.6%)	73.92 (0.4%)		(0%)	73.59(-0.11%)	73-74.24	1.5(1.1)	0	0.1%	0.2%	0%	0.48%	1.6%	72	2	Growing Uptrend	Range(0.4%)	0	0	-0.2	Uptrend	74.48(1.21%)	73.28-74.99	15.83	-1.2%-13%
14	Nov_12_2018	71.73 (0.4%)	72.88 (0.6%)	73.66 (0.4%)		(0%)	73.67(-0.23%)	73.02-74.24	1.5(1.2)	0	0.1%	0.4%	0%	0.46%	1.6%	61	2.1	Growing Uptrend Correction	Higher(0.6%)	0	0	-0.2	Growing Uptrend	74.8(1.53%)	73.34-75.16	14.01	-1%-13.1%
15	Nov_9_2018	71.48 (0.2%)	72.58 (0.4%)	73.35 (0.7%)		(0%)	73.84(-0.82%)	73.77-74.95	1.6(1.4)	0	0.1%	0.5%	0%	0.4%	1.5%	59	2.1	Uptrend Dip	Higher(1%)	0	0	0.9	Growing Uptrend	74.84(1.36%)	73.46-75.19	14.66	-0.8%-14.2%

16	Nov_8_2018	71.23 (0.2%)	72.15 (0.4%)	72.84 (0.6%)		(0%)	74.45(0.53%)	73.6-74.65	1.5(1.9)	0	0.1%	0.7%	0%	0.3%	1.3%	62	2.2	Growing Uptrend	Higher(0.8%)	0	0	0.8	Growing Uptrend	75.2(1.01%)	73.91-75.53	13.01	0%-15.1%
17	Nov_7_2018	70.88 (0.2%)	71.61 (0.2%)	72.38 (0.4%)		(0%)	74.05(2.41%)	72.83-74.3	1.3(2)	0	0.1%	0.6%	0%	0.2%	1%	61	2	Growing Uptrend	Higher(0.7%)	0	0	0.9	Breakout	74.34(0.39%)	73.48-74.7	18.67	-0%-14.5%
18	Nov_6_2018	70.64 (0.2%)	71.15 (0.2%)	72.09 (0.1%)		(0%)	72.31(0.26%)	71.76-72.79	1.2(1.2)	0	%	0.2%	0%	0.14%	0.7%	57	1.9	Growing Uptrend	Range(0.2%)	0	0	0.1	Uptrend	72.51(0.28%)	71.99-72.73	10.25	-0.4%-11.8%
19	Nov_5_2018	70.57 (0.2%)	71.01 (0.2%)	72 (0.5%)		(0%)	72.12(1.18%)	69.16-72.57	1.3(1.2)	0	0.1%	0.1%	0%	0.14%	0.6%	60	1.8	Growing Uptrend	Range(0.2%)	0	0	-0.3	Uptrend	72.37(0.35%)	71.85-72.6	12.33	-0.7%-11.5%
20	Nov_2_2018	70.48 (0.2%)	71.01 (0.2%)	71.67 (0.5%)		(0%)	71.28(-1.16%)	70.64-72.69	1.2(0.6)	0	0.1%	0%	0%	0.16%	0.6%	65	1.7	Growing Uptrend	Higher(0.7%)	0	0	-0.5	Uptrend	71.56(0.39%)	71.15-71.73	12.9	-1.8%-11.6%

21	Nov_1_2018	70.42 (0%)	70.94 (0.2%)	71.3 (0.9%)		(0%)	72.12(-0.67%)	71.67-73.03	1(1.3)	0	0.2%	0.1%	0%	0.16%	0.7%	67	1.8	Growing Uptrend	Higher(0.6%)	0	0	-0.5	Uptrend	72.39(0.37%)	71.79-72.64	13.84	-0.7%-12.9%
22	Oct_31_2018	70.32 (0%)	70.83 (0.2%)	70.68 (0.9%)		(0%)	72.6(1.02%)	71.78-73.47	0.6(1.9)	0	0.2%	0.2%	0%	0.14%	0.7%	74	1.7	Growing Uptrend	Range(0.4%)	0	0	-0.8	N/A	72.37(-0.32%)	71.29-73.26	15.86	-0%-13.6%
23	Oct_30_2018	70.19 (-0%)	70.63 (0.2%)	70.07 (0.2%)		(0%)	71.88(1.99%)	70.52-71.96	0(1.5)	0	%	0.2%	0%	0.1%	0.6%	59	1.5	Growing Uptrend	Range(0.2%)	0	0	-1.1	Uptrend Reversal	72.24(0.5%)	71.94-72.44	18.94	0%-13.2%
24	Oct_29_2018	70.19 (0%)	70.46 (0%)	69.92 (-0.3%)		(0%)	70.47(1.49%)	69.59-72.03	-0.3(0.3)	0	-0.1%	0.2%	0%	0.06%	0.5%	46	1.4	N/A	Range(0.1%)	0	0	-1.6	N/A	70.48(0.02%)	70.31-70.63	18.84	-1.5%-11%
25	Oct_26_2018	70.12 (0%)	70.28 (0%)	70.14 (-0.6%)		(0%)	69.44(0.63%)	67.94-69.81	-0.2(-0.7)	0	-0.1%	0%	0%	0.06%	0.2%	47	1.4	N/A	Range(-0.1%)	0	0	-1.8	N/A	69.69(0.36%)	69.52-69.83	16.95	-3%-11.6%
i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low

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