Merck's most recent trend suggests a bullish bias. One trading opportunity on Merck is a Bull Put Spread using a strike $58.50 short put and a strike $53.50 long put offers a potential 17.65% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $58.50 by expiration. The full premium credit of $0.75 would be kept by the premium seller. The risk of $4.25 would be incurred if the stock dropped below the $53.50 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 77.93 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Merck
9:09 am Merck: new studies investigating the use of KEYTRUDA, Merck's Anti-PD-1 therapy, in advanced melanoma compared to chemotherapy, in classical hodgkin lymphoma and in triple negative breast cancer, to be presented for the first time
Thu, 06 Nov 2014 14:09:00 GMT
New Studies Investigating the Use of KEYTRUDA® (pembrolizumab), Merck’s Anti-PD-1 Therapy, in Advanced Melanoma Compared to Chemotherapy, in Classical Hodgkin Lymphoma and in Triple Negative Breast Cancer, to be Presented for the First Time
Thu, 06 Nov 2014 14:08:00 GMT
Business Wire – Merck , known as MSD outside the United States and Canada, announced today that in November and December, data will be presented for the first time investigating the use of KEYTRUDA® – the company’s anti-PD-1 therapy – in advanced melanoma in comparison to chemotherapy, and in relapsed/refractory classical Hodgkin Lymphoma as well as advanced triple negative breast cancer .
BIND Therapeutics Announces Agreement with Merck to Develop Targeted Accurin™ Nanomedicines for Oncology
Thu, 06 Nov 2014 13:24:37 GMT
noodls – Enables BIND to Develop Product Candidates Utilizing Merck Compounds CAMBRIDGE, Mass.–(BUSINESS WIRE)– BIND Therapeutics, Inc. (NASDAQ: BIND), a clinical-stage nanomedicine platform company developing …
Merck Holds “Displaying Futures” Symposium in Shanghai
Thu, 06 Nov 2014 02:09:09 GMT
noodls – Press release News Release Your Contact Markus Kaiser Phone +49 (0)6151-72-2031 November 6, 2014 Merck Holds “Displaying Futures” Symposium in Shanghai • ‘Building Innovation – Displaying Architecture': …
Merck takes steps to return Zilmax to U.S. cattle market
Wed, 05 Nov 2014 19:06:17 GMT
Reuters – Merck & Co. is taking steps to resume sales of its controversial cattle feed additive Zilmax by changing the way the drug is administered, hoping to recapture some market share in the beef industry, where the U.S. Food and Drug Administration has approved adjustments to the drug's label that would allow veterinarians and feedlot operators to use a lower dose and alternative method of feeding the drug to beef cattle, Merck said Wednesday. The new “component feeding” option would allow Zilmax, which can add up to 30 pounds of marketable meat to a 1,300-pound steer, to be fed in one smaller daily ration, rather than continually throughout the day, Merck nutritionist Dr. David Yates told Reuters.
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