Merck & Co., Inc. | MRK

Daily Technical Analysis of Merck & Co., Inc.

There wasn't too much excitement in Merck & Co. today which only managed to move up 0.93% on the day.

It looks like Merck & Co. isn't currently at a very decisive point in regards to support/resistance levels. Merck & Co. hasn't been looking too hot recently, some shareholders have been dumping shares over the last few months which has been driving prices down. In the past 3 months, the Drug Manufacturers company has lost -17.00 of it's value. So it's not looking great, I'd probably wait for a clearer support level before coming in. MRK might find some support at the 101.58 level, buyers might push the price back up from here. But it's not very clear what will happen.

Last analyzed on 2024-11-13

Analyst Ratings for Merck & Co. By Price Target And Rating

The analysts are pretty neutral on Merck & Co. right now, so not much useful information here. The current Analysts Sentiment Score is 7.00. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Truist Financial decided to move up their price target on 2024-04-26 to $143.00 which is a 0.7% increase. Cantor Fitzgerald announced that they are reiterating a rating of Overweight on 2024-04-18 and they set their price target at $135.00. Berenberg Bank boosted their price targ by 2.14% to $143.00 on 2024-04-08. Wells Fargo & Company boosted their price targ by 3.85% to $135.00 on 2024-03-27. Societe Generale released a downgrade on 2024-03-11 from Hold to Sell and they set their price target at $104.00. On 2024-02-02 Barclays increased their price target by 7.41% to $145.00. On 2024-02-02 UBS Group increased their price target by 9.63% to $148.00. TD Cowen upgraded from Market Perform to Outperform on 2024-01-04 and moved up their price target to $135.00 which is a 8% increase. On 2023-11-09 Deutsche Bank Aktiengesel started covering Merck & Co. with a rating of Buy and added a price target of $115.00. Morgan Stanley gave a boost to their price target and moved to $118.00 from $115.00 on 2023-10-27.

Company	Ratings Score ? Composite analyst sentiment score	Positive Ratings	Negative Ratings	Boost Price Target	Lower Price Target
MRK	7.00	14.49	-5.85	5.37	0

Earnings Per Share (EPS) Estimates By Year and Quarter

(updated 2024-04-22)

Company	YOY Growth Score (typical -20 to +20)	Revision Directions (-6 to +6)
MRK	0.00	0.00

Short interest for Merck & Co.

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Company	Short Score (typical 1-15) ? We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)	Short Interest	Days to Cover	Rate of Change	Shares Short
MRK	1.62	%0.622261	2.4	13.068	15790000

How Merck & Co. compares to the broader Healthcare sector and the more specific Drug Manufacturers industry

Segment	Count	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Demark Buy	Short Interest	Analysts Ratings ? We track several different measures of analyst sentiment including ratings and price targets. To create a composite Analyst Sentiment Score, we weight several factors such as the recent rate of change which can be more predictive than the absolute level. We also weight each analyst's opinion based on their historic accuracy. We built in a time decay function to ensure that the rating reflects the current sentiment levels. Typical range (-80 to +80)
Drug Manufacturers Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	19	0.06	-1.13	-6.21	-9.01	-2.50	5.36	37.21	1.55	0.91	4.71	-9443.66	-7551.57	0.00	22.37	4.88	5.23
Healthcare Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	230	0.88	-1.52	-0.30	-2.16	5.72	27.64	53.66	8.86	8.57	8.32	-12704.99	-11984.82	18.91	4.24	6.74	5.55

Social Sentiment for Merck & Co.

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.

Ticker	Social Sentiment(1-10)
MRK

Companies with the highest correlation to Merck & Co.

Company	Score	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Demark Buy	Short Interest Score
BMY \| Bristol-Myers Squibb Co.	0.47	-0.60	-1.06	9.37	17.98	39.34	19.39	69	90.78	25.48	18.57	-3845.99	-15686.17	0	0	1.50693
LLY \| Eli Lilly & Co.	0.31	3.25	-4.17	-15.47	-20.61	-6.81	27.14	52	1.69	9.48	24.67	-2500.08	-17979.73	0	0	1.54682
AZN \| AstraZeneca PLC	0.29	-0.94	-2.83	-16.73	-27.66	-19.16	-1.68	24	-11.72	-6.13	-3.92	-29272.42	-47.52	0	100	1.7318
JNJ \| Johnson & Johnson	0.29	0.07	0.82	-6.45	-6.59	2.28	1.32	9	0.36	2.66	4.76	-4913.67	-2260.38	0	150	0.455404
WMT \| Walmart Inc.	0.24	0.67	3.21	4.99	14.59	34.45	67.80	77	416.35	258.55	236.97	0.00	-47623.56	0	0	1.90496
PFE \| Pfizer Inc.	0.24	-0.64	-4.15	-12.92	-13.25	-13.07	-17.69	20	-2.33	-2.03	-1.99	-31939.58	-146.17	0	150	1.58645
MCK \| McKesson Corporation	0.24	0.89	1.80	23.01	11.58	11.31	36.72	101	1.79	1.82	-1.85	196.42	-52549.91	100	0	1.78585
NVS \| Novartis AG	0.23	-0.17	-0.30	-8.87	-14.08	1.96	6.96	15	-0.94	1.89	9.49	-5238.19	164.29	0	150	1.25704

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