Merck's most recent trend suggests a bearish bias. One trading opportunity on Merck is a Bear Call Spread using a strike $82.50 short call and a strike $87.50 long call offers a potential 9.41% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $82.50 by expiration. The full premium credit of $0.43 would be kept by the premium seller. The risk of $4.57 would be incurred if the stock rose above the $87.50 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 67.1 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Merck
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Merck COVID-19 pill sparks calls for access for lower income countries
Sun, 17 Oct 2021 13:35:10 +0000
The plan to roll out Merck & Co's promising antiviral pill to treat COVID-19 risks repeating the inequities of vaccine distribution, potentially leaving the nations with the greatest need once again at the back of the line, international health groups say. Merck on Oct 11 applied for U.S. emergency clearance of the first pill for COVID-19 after it cut hospitalizations and deaths by 50% in a large clinical trial. The medicine, made with Ridgeback Biotherapeutics, could gain authorization as soon as December.
3 COVID-19 Pill Stocks to Watch
Sat, 16 Oct 2021 10:10:00 +0000
Merck (NYSE: MRK) and Ridgeback Biotherapeutics have already made a big splash with positive results for their COVID-19 pill. However, there are are other companies nipping at their heels. In this Motley Fool Live video recorded on Oct.
Better COVID-19 Stock: Merck or Pfizer?
Sat, 16 Oct 2021 10:04:00 +0000
Pfizer (NYSE: PFE) launched the best-selling vaccine Comirnaty with the help of its partner, BioNTech. Merck (NYSE: MRK) is likely to soon have the first COVID-19 pill on the market. Pfizer has delivered greater stock gains than Merck since the beginning of the pandemic.
J&J Booster Backed by FDA Panel; U.S Travel Eases: Virus Update
Fri, 15 Oct 2021 20:10:07 +0000
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