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 11.61% return on risk over the next 40 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 $0.52 would be kept by the premium seller. The risk of $4.48 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 at 62.9 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Merck
Merck seeks new OK for cancer drug, reorganization on track
Mon, 12 Jan 2015 22:02:44 GMT
Merck seeks new OK for cancer drug, reorganization on track
Mon, 12 Jan 2015 22:02:44 GMT
Merck CEO: Deals create value
Mon, 12 Jan 2015 21:27:00 GMT
Merck, Bristol heat up immunotherapy race in lung cancer
Mon, 12 Jan 2015 20:34:08 GMT
Reuters – UK Focus – Bristol-Myers Squibb and Merck & Co broke further away from rival drugmakers in the race to treat lung cancer with a new generation of immune system therapies, adding pressure on the likes of Roche and …
Merck, Bristol heat up immunotherapy race in lung cancer
Mon, 12 Jan 2015 20:34:08 GMT
Reuters – Bristol-Myers Squibb and Merck & Co broke further away from rival drugmakers in the race to treat lung cancer with a new generation of immune system therapies, adding pressure on the likes of Roche and …
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