Merck's most recent trend suggests a bullish bias. One trading opportunity on Merck is a Bull Put Spread using a strike $47.00 short put and a strike $42.00 long put offers a potential 11.11% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $47.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock dropped below the $42.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Merck is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Merck is bullish.
The RSI indicator is at 76.15 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Merck
Akorn Acquires U.S. Rights to Trio of Merck Eye Treatments
Sat, 16 Nov 2013 01:01:58 GMT
Motley Fool – The company will pay nearly $53 million in the deal.
InPlay: Merck: Interim data to be presented for MK-3475, co's investigational anti-PD-1 immunotherapy, in patients with advanced melanoma
Fri, 15 Nov 2013 22:01:00 GMT
Interim Data to Be Presented for MK-3475, Merck’s Investigational Anti-PD-1 Immunotherapy, in Patients with Advanced Melanoma
Fri, 15 Nov 2013 22:00:00 GMT
Business Wire – Merck , known as MSD outside the United States and Canada, will present additional data from patients with advanced melanoma from the Phase IB trial of MK-3475 on Monday, Nov.
Pfizer and Merck Slumber as the Dow Jones Advances Towards 16,000
Fri, 15 Nov 2013 19:40:04 GMT
Motley Fool – Health care's sleepy day keeps Merck and Pfizer stumbling around the red
Chevron’s Mississippi Refinery Fire Kills One Employee and 2 Other Dow Movers to Watch
Fri, 15 Nov 2013 19:08:08 GMT
Wall St. Cheat Sheet – These stocks are moving the Dow now.
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