Merck's most recent trend suggests a bullish bias. One trading opportunity on Merck is a Bull Put Spread using a strike $50.00 short put and a strike $45.00 long put offers a potential 6.38% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $50.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $45.00 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 71.99 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Merck
Why Johnson & Johnson is a More Attractive Stock Than its Rivals
Thu, 16 Jan 2014 23:33:00 GMT
Motley Fool – Johnson & Johnson is much cheaper than Bristol-Myers Squibb, and is performing better than Merck. That's what makes it the most attractive large-cap health care stock your money can buy.
1:47 am Merck provides statement on FDA advisory committee for Vorapaxar
Thu, 16 Jan 2014 23:14:55 GMT
Briefing.com – 1:47 am Merck provides statement on FDA advisory committee for Vorapaxar
Biotech: 2014's favored child
Thu, 16 Jan 2014 17:15:00 GMT
CNBC – Mark Schoenebaum, ISI Group analyst, breaks down the red hot biotech sector and explains why Gilead Sciences is his best play.
Merck & Co, Inc.: Big Pharma Checkup for 2014
Thu, 16 Jan 2014 00:22:42 GMT
Motley Fool – Merck (MRK) may be turning the corner from challenges tied to losing patent protection for Singulair. Here's what you need to know about the company in 2014.
Merck confirms FDA committee recommendation of vorapaxar
Thu, 16 Jan 2014 00:01:33 GMT
theflyonthewall.com – Merck confirms FDA committee recommendation of vorapaxar
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