Merck (Germany) Technical Analysis

6MK Stock  EUR 97.10  3.70  3.96%   
As of the 23rd of November, Merck secures the Standard Deviation of 1.28, mean deviation of 0.9569, and Risk Adjusted Performance of (0.05). Merck Co technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify Merck information ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk to decide if Merck Co is priced some-what accurately, providing market reflects its recent price of 97.1 per share.

Merck Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Merck, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Merck
  
Merck's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Merck technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Merck technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Merck trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Merck Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Merck volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Merck Trend Analysis

Use this graph to draw trend lines for Merck Co. You can use it to identify possible trend reversals for Merck as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Merck price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Merck Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Merck Co applied against its price change over selected period. The best fit line has a slop of   0.24  , which may suggest that Merck Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2178.72, which is the sum of squared deviations for the predicted Merck price change compared to its average price change.

About Merck Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Merck Co on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Merck Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Merck price pattern first instead of the macroeconomic environment surrounding Merck. By analyzing Merck's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Merck's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Merck specific price patterns or momentum indicators. Please read more on our technical analysis page.

Merck November 23, 2024 Technical Indicators

Most technical analysis of Merck help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Merck from various momentum indicators to cycle indicators. When you analyze Merck charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Complementary Tools for Merck Stock analysis

When running Merck's price analysis, check to measure Merck's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Merck is operating at the current time. Most of Merck's value examination focuses on studying past and present price action to predict the probability of Merck's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Merck's price. Additionally, you may evaluate how the addition of Merck to your portfolios can decrease your overall portfolio volatility.
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges