Merck's most recent trend suggests a bearish bias. One trading opportunity on Merck is a Bear Call Spread using a strike $75.00 short call and a strike $80.00 long call offers a potential 7.76% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $75.00 by expiration. The full premium credit of $0.36 would be kept by the premium seller. The risk of $4.64 would be incurred if the stock rose above the $80.00 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 23.52 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Merck
Merck (MRK) Gains As Market Dips: What You Should Know
Mon, 20 Sep 2021 21:45:09 +0000
Merck (MRK) closed at $71.93 in the latest trading session, marking a +0.35% move from the prior day.
Rockefeller Foundation President on the call for a ’COVID charter’ & ending ‘energy poverty’
Mon, 20 Sep 2021 19:29:37 +0000
Raj Shah, Rockefeller Foundation President, joins Yahoo Finance’s Andy Serwer at The 2021 Concordia Annual Summit to discuss vaccine availability for Covid-19 around the world, outlook on herd immunity, climate change, and access to energy.
Celebrating the Diversity of Our Workforce
Mon, 20 Sep 2021 19:26:07 +0000
How we're leaning into the voices, perspectives and experiences that strengthen our mission
LAPD, LAFD members sue over Los Angeles’ vaccine mandate
Mon, 20 Sep 2021 18:23:03 +0000
Mike Feuer, Los Angeles City Attorney, joins Yahoo Finance to discuss Los Angeles police officers and firefighters filing lawsuits against the city of L.A. over vaccine mandate.
Early tests show Pfizer’s Covid-19 vaccine for kids ages 5 to 11 is ‘very safe’: Epidemiologist
Mon, 20 Sep 2021 17:42:51 +0000
Suzanne Judd, Ph.D., Epidemiologist at the University of Alabama at Birmingham School of Public Health, joins Yahoo Finance to discuss the latest on the coronavirus pandemic.
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