Merck's most recent trend suggests a bearish bias. One trading opportunity on Merck is a Bear Call Spread using a strike $76.50 short call and a strike $81.50 long call offers a potential 46.63% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $76.50 by expiration. The full premium credit of $1.59 would be kept by the premium seller. The risk of $3.41 would be incurred if the stock rose above the $81.50 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 34.55 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Merck
FDA Approves Merck’s KEYTRUDA® (pembrolizumab) for the Treatment of Patients with Recurrent or Metastatic Cutaneous Squamous Cell Carcinoma (cSCC) that is Not Curable by Surgery or Radiation
Wed, 24 Jun 2020 21:29:00 +0000
FDA Approves Merck’s KEYTRUDA® for the Treatment of Patients with Recurrent or Metastatic Cutaneous Squamous Cell Carcinoma (cSCC).
Merck Underscores Commitment to HIV with New Data Analyses to be Presented at AIDS 2020: Virtual
Wed, 24 Jun 2020 10:45:00 +0000
Merck Underscores Commitment to HIV with New Data Analyses to be Presented at AIDS 2020: Virtual
Merck (MRK) Outpaces Stock Market Gains: What You Should Know
Tue, 23 Jun 2020 21:50:09 +0000
Merck (MRK) closed the most recent trading day at $77.12, moving +0.48% from the previous trading session.
Merck's Pneumococcal Vaccine Meets Goal in Two Adult Studies
Tue, 23 Jun 2020 15:31:03 +0000
Merck's (MRK) development program on V114 comprises 16 studies, evaluating safety, tolerability and immunogenicity of V114 in a variety of patient populations.
Merck, Apple Inc. share gains contribute to Dow's nearly 150-point jump
Tue, 23 Jun 2020 14:45:00 +0000
DOW UPDATE Shares of Merck and Apple Inc. are posting positive momentum Tuesday morning, propelling the Dow Jones Industrial Average into positive territory. Shares of Merck (MRK) and Apple Inc. (AAPL) are contributing about 25% of the blue-chip gauge's intraday rally, as the Dow (DJIA) was most recently trading 142 points (0.
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