Merck Technical Analysis

MRK -- USA Stock  

Fiscal Quarter End: December 31, 2019  

As of the 10th of December Merck secures Mean Deviation of 0.9507, Risk Adjusted Performance of 0.0268 and Downside Deviation of 1.35. In connection with Fundamental Indicators, Macroaxis technical analysis interface lets you check existing technical drivers of Merck as well as the relationship between them. Strictly speaking you can use this information to find out if the firm will indeed mirror its model of past prices or the prices will eventually revert. We found nineteen technical drivers for Merck which can be compared to its peers in the industry. Please verify Merck Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to decide if Merck Company is priced some-what accurately providing market reflects its recent price of 89.24 per share. Given that Merck has Jensen Alpha of 0.0098, we recommend you check Merck last-minute market performance to make sure the company can sustain itself at future point.
Target PriceAdvice# of Analysts
Merck Company current and past analyst recommendations published by number of research institutions as well as average analyst consensus
Merck Analyst Advice  
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Merck Technical Analysis

Time Period
  Portfolio Suggestion    
Execute Indicator
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Merck volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Merck Trend Analysis

Use this graph to draw trend lines for Merck Company. You can use it to identify possible trend reversals for Merck as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Merck price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Merck Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Merck Company applied against its price change over selected period. The best fit line has a slop of   0.07  which may imply that Merck Company will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 204.76, which is the sum of squared deviations for the predicted Merck price change compared to its average price change.

Merck December 10, 2019 Technical Indicators

Merck December 10, 2019 Daily Price Condition

Please see also Stocks Correlation. Please also try Transaction History module to view history of all your transactions and understand their impact on performance.