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Takip Edin: @UscMarketsMRK Stock Forecast & Merck & Co. Chart Analysis
This article provides a detailed analysis of MRK-Merck & Co. stock including a forecast for MRK shares. It features Merck & Co., Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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MRK Historical Data Review
MRK Current Price Performance Analysis
The Merck & Co. - MRK stock traded on the American stock market, on 06-05-2024, closed at 129.45$ with a %0.57 increased compared to the previous day.
In the last month, the price of MRK changed by %1.47 increased in value, from 127.57 dollars on 05-06-2024 to 129.45 dollars, increased.
Last year, the price of MRK was 110.01 dollars on 06-06-2023, and changed by %17.67 increased in value, to 129.45 dollars increased within a year.
The price of Merck & Co. stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
MRK with AI Stock Forecast & Price Target
On the MRK chart Merck & Co. price was recorded as 129.45 Dollars on 06/05/2024.
The artificial intelligence's forecast on MRK stock is as follows.
The artificial intelligence's prediction error margin for MRK stock is high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Merck & Co. stock over the next 4 months is: 120.4 Dollars.
The commentary on MRK stock Target Price: Highest: 133.068 Dollars is predicted.
The commentary on MRK stock Target Price: Lowest: 113.06 Dollars is predicted.
Resistance Price where Merck & Co. stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 08-14-2024 | 122.612 |
| 10-03-2024 | 128.463 |
| 12-02-2024 | 119.897 |
| 02-05-2025 | 115.657 |
| 04-01-2025 | 116.255 |
Support Price where Merck & Co. stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-09-2024 | 122.554 |
| 08-19-2024 | 122.460 |
| 11-12-2024 | 117.186 |
| 01-06-2025 | 114.351 |
| 02-25-2025 | 113.060 |
The commentary on MRK stock: The target price can generally be said to be on the decline.
The commentary on MRK stock: Fluctuations in the target price can be expected in the coming days.
The target price for Merck & Co. stock by the end of 2024 is predicted to be 116.153 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on MRK stock, and the 2024 target price predictions for Merck & Co. are detailed above.
The technical analysis and charts for the commentary on MRK stock are below.
MRK Support & Resistance and Trend Analysis
MRK stock you have reviewed the technical analysis support resistance charts regarding.
MRK : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the MRK review, the Merck & Co. support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Merck & Co. Support and Resistance Prices:
| MRK Support Level Price | MRK Resistance Level Price |
|---|---|
| 99.80 | 103.68 |
| 100.58 | 106.57 |
| 102.65 | 108.06 |
| 119.23 | 128.09 |
| 124.40 | 130.24 |
| 124.50 | 132.79 |
| 126.76 | 132.80 |
| 133.10 |
MRK Technical Analysis: SMA, RSI, MACD
Upon reviewing the MRK chart, buy and sell signals have been generated in the Merck & Co. technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for MRK stock are as follows:- MRK technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Merck & Co. gave a 'Buy' signal when the RSI was at 28.311, with the current RSI value at 41.505.
- The technical analysis for Merck & Co. indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Merck & Co. stock: Click here to read more predictions on JPMorgan Chase & stock.
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