Merck's most recent trend suggests a bearish bias. One trading opportunity on Merck is a Bear Call Spread using a strike $56.50 short call and a strike $61.50 long call offers a potential 8.7% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $56.50 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock rose above the $61.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Merck is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Merck is bearish.
The RSI indicator is at 36.24 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Merck
Clearing FDA hurdles
Thu, 07 Aug 2014 10:51:00 GMT
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Thu, 07 Aug 2014 10:45:14 GMT
The R&D Hall of Fame: Who makes the cut?
Wed, 06 Aug 2014 10:00:00 GMT
Merck Publishes 2013 Global Corporate Responsibility Report
Tue, 05 Aug 2014 20:05:04 GMT
noodls – Dateline: WHITEHOUSE STATION, N.J.–(BUSINESS WIRE)–Merck (NYSE:MRK), known as MSD outside of the United States and Canada, today issued its 2013 global corporate responsibility report. The report, available …
Merck Publishes 2013 Global Corporate Responsibility Report
Tue, 05 Aug 2014 17:00:00 GMT
Business Wire – Merck , known as MSD outside of the United States and Canada, today issued its 2013 global corporate responsibility report. The report, available at www.merckresponsibili
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