Merck's most recent trend suggests a bullish bias. One trading opportunity on Merck is a Bull Put Spread using a strike $60.00 short put and a strike $55.00 long put offers a potential 10.13% return on risk over the next 38 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $60.00 by expiration. The full premium credit of $0.46 would be kept by the premium seller. The risk of $4.54 would be incurred if the stock dropped below the $55.00 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Merck
Merck Presents Liquid Crystal Window Technology at BAU 2015
Thu, 15 Jan 2015 08:02:50 GMT
noodls – Pressemitteilung Contact News release Judith Rahner +49 6151 72-7694 January 15, 2015 • Liquid crystal mixtures from Merck enable intelligently switchable windows that reduce energy consumption • With …
Merck-BMS cancer drug rivalry heats up
Wed, 14 Jan 2015 23:01:06 GMT
AAP – Drugmaker Merck & Co is ratcheting up its race with rival Bristol-Myers Squibb Co for leadership in one of today's hottest research areas, immuno-oncology, which harnesses the immune system to fight cancer. Merck says that by midyear it will apply for approval of its melanoma drug, Keytruda, for fighting lung cancer. Merck chief executive Kenneth Frazier was to announce that Merck has more than 10 drugs in late-stage patient testing and is on track with cost-cutting and other changes in its latest restructuring program, announced in October 2013.
Eli Lilly Inks Oncology Deals with Merck, Bristol-Myers – Analyst Blog
Wed, 14 Jan 2015 22:35:10 GMT
HALFTIME FINAL TRADES 1/14/15
Wed, 14 Jan 2015 19:31:04 GMT
Transforming medicine
Wed, 14 Jan 2015 19:00:00 GMT
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