Merck Stock Technical Analysis

MRK
 Stock
  

USD 110.85  0.76  0.69%   

As of the 9th of December, Merck secures the Downside Deviation of 1.2, mean deviation of 0.9866, and Risk Adjusted Performance of 0.4466. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Merck Company, 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 were able to interpolate data for nineteen technical drivers for Merck, which can be compared to its peers in the industry. Please verify Merck Company variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Merck Company is priced some-what accurately, providing market reflects its recent price of 110.85 per share. Given that Merck Company has jensen alpha of 0.3625, we recommend you to check Merck's last-minute market performance to make sure the company can sustain itself at a future point.
  

Merck Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Merck, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Merck
Merck's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Merck Analyst Consensus

Target PriceAdvice# of Analysts
90.88Hold16Odds
Merck Company current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Merck analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Merck stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Merck Company, talking to its executives and customers, or listening to Merck conference calls.
Merck Analyst Advice Details
Merck technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Merck technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Merck trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Merck Company Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Company volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Merck Company 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   0.46  , 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 8088.69, which is the sum of squared deviations for the predicted Merck price change compared to its average price change.

About Merck Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Merck Company on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Merck Company based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Merck Company price pattern first instead of the macroeconomic environment surrounding Merck Company. By analyzing Merck's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Merck's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Merck specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2020 2021 2022 (projected)
Long Term Debt to Equity0.881.00.80.67
Interest Coverage18.7410.2416.2814.72

Merck December 9, 2022 Technical Indicators

Most technical analysis of Merck help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Merck from various momentum indicators to cycle indicators. When you analyze Merck charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Additionally, see Correlation Analysis. You can also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for analysis

When running Merck Company price analysis, check to measure Merck's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Merck is operating at the current time. Most of Merck's value examination focuses on studying past and present price action to predict the probability of Merck's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Merck's price. Additionally, you may evaluate how the addition of Merck to your portfolios can decrease your overall portfolio volatility.
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Is Merck's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Merck. If investors know Merck will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Merck listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.29) 
Market Capitalization
281 B
Quarterly Revenue Growth YOY
0.137
Return On Assets
0.1268
Return On Equity
0.3815
The market value of Merck Company is measured differently than its book value, which is the value of Merck that is recorded on the company's balance sheet. Investors also form their own opinion of Merck's value that differs from its market value or its book value, called intrinsic value, which is Merck's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Merck's market value can be influenced by many factors that don't directly affect Merck's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Merck's value and its price as these two are different measures arrived at by different means. Investors typically determine Merck value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Merck's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.