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Archive
- 5/29/2026 -
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Merck & Co. (MRK) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Merck & Co. (MRK). During the week, the MRK dropped -3.69 points, or -3.01%, and closed at 118.72 on Friday, May 29, 2026. Weekly volume was -14% below average.
MRK is a member of Health Care Sector. Health Care is the most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See MRK long-term trend chart]
A long-term uptrend had started on May 15, 2025 at 73.31 and reached 125.14 on February 25, 2026. MRK gained -51.83 points, or -70.70%, in 40 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 111.83 and resistance is at 143.74. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
 Medium-term trend: [See MRK medium-term trend chart]
A medium-term downtrend had started on February 25, 2026 at 125.14 and reached 107.90 on April 29, 2026. MRK lost 17.24 points, or 13.78%, in 9 weeks. Price is near the Fibonacci 61.8% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Weekly Technical Indicators: [See MRK weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since April 10, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
 Short-term trend: [See MRK short-term trend chart]
A short-term uptrend had started on April 29, 2026 at 107.90 and reached 123.13 on May 26, 2026. MRK gained -15.23 points, or -14.11%, in 27 days. The price is now at the 28.96% retracement level.
Daily Technical Indicators: [See MRK daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since May 6, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current short-term uptrend is still strong, and momentum is beginning to wane.
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