The Greedy Trader Weekly Analysis
Sign In Jun 12, 2026
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 6/5/2026 -
Sign In to see current Signals.

Merck & Co. (MRK) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Trend resistance at 122.48
Daily :MACD bearish divergence
Move cursor over the icon to see details.

It was a first positive week for the Merck & Co. (MRK). During the week, the MRK gained 2.07 points, or 1.74%, and closed at 120.79 on Friday, June 5, 2026. Weekly volume was -8% below average.

Long-term trend: [See MRK long-term trend chart]
A long-term downtrend had started on June 25, 2024 at 134.63 and reached 73.31 on May 15, 2025. MRK lost 61.32 points, or 45.55%, in 46 weeks. The price is now at the 77.43% retracement level.

Medium-term trend: [See MRK medium-term trend chart]
A medium-term downtrend had started on February 25, 2026 at 125.14 and reached 107.90 on April 29, 2026. MRK lost 17.24 points, or 13.78%, in 9 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (122.48). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See MRK weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since April 10, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.

Short-term trend: [See MRK short-term trend chart]
A short-term uptrend had started on April 29, 2026 at 107.90 and reached 123.46 on June 5, 2026. MRK gained -15.56 points, or -14.42%, in 37 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 115.35 and resistance is at 127.67. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a short-term trend.

Daily Technical Indicators: [See MRK daily technical indicators chart]
Daily technical indicators are neutral. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals.

The daily MACD line is above its signal line since May 6, 2026. This is an indication that the short-term trend is up.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 66.05
Williams' Percentage Range (W%R) 20.20
Lane's Stochastic (%D-Slow) 44.34
Greed/Fear Indicator (GFI) 63.41
Moving Average Converg./Diverg. (MACD) 0.75 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 46.57
Williams' Percentage Range (W%R) 22.00
Lane's Stochastic (%D-Slow) 45.54
Greed/Fear Indicator (GFI) 58.73
Moving Average Converg./Diverg. (MACD) 5.38
Trading Signals
Description Value Chart
Weekly Trendline Resistance 127.67
Upper Bollinger Band 123.74
Monthly Trendline Resistance 122.48
Price 120.79
Daily Stochastic Crossing 118.77
50 Day Moving Average 116.18
20 Day Moving Average 115.82
Weekly Stochastic Crossing 115.56
Weekly Trendline Support 115.35
Parabolic System 114.25
Lower Bollinger Band 109.49
Monthly Trendline Support 103.26
Sector and Industry
Description Name Rank
Sector Health Care 6
Industry Pharmaceuticals 60
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 114.36
Low Date 06/01/2026
High 123.46
High Date 06/05/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 127.67
Support 115.35
Low 107.90
Low Date 04/29/2026
High 123.46
High Date 06/05/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Test Resistance
Resistance 122.48
Support 103.26
High 125.14
High Date 02/25/2026
Low 107.90
Low Date 04/29/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 73.31
Low Date 05/15/2025
High 125.14
High Date 02/25/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 134.63
High Date 06/25/2024
Low 73.31
Low Date 05/15/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.