MRK technical analysis
MRK Technical Analysis
Analysis date
August 6, 2026
Market
NYSE (USD)
Daily cutoff
August 5, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
MRK Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- MRK
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- August 5, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 128.33 | August 5, 2026 | - | Verified |
| Verification series | 128.33 | August 5, 2026 | 0.00% | Verified |
Bottom line
MRK Technical Analysis Summary
MRK shows a bullish technical setup on both timeframes. The daily chart has price at 128.33 above SMA20 (127.44), SMA50 (123.28), and SMA200 (111.06), with the moving averages stacked in a rising order. The daily RSI at 53.96 sits just above neutral, while the slightly negative MACD histogram at -0.37 reflects a short-term pause after the advance toward the 135.05 high. The weekly chart is clearly bullish, with price at 130.20 above all key averages, RSI at 63.30, and a positive MACD histogram. Key support rests at the 20-day low of 120.16 and the 60-day low of 110.15, while resistance stands at the recent high of 135.05. A sustained break above 135.05 would signal renewed upside momentum; a breakdown below 110.15 would suggest a deeper correction.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 5, 2026)
- Trend
- Bullish. Price at 128.33 is above SMA20 (127.44), SMA50 (123.28), and SMA200 (111.06), and the three moving averages are stacked in a bullish order. After recovering from the 52-week low near 75.81, the stock pushed to a 20-day high of 135.05 and has since pulled back toward the SMA20, holding the rising trend intact.
- Momentum
- Neutral to slightly bullish. RSI14 at 53.96 sits just above the neutral 50 level, reflecting mild buying pressure. MACD at 1.69 remains above the zero line, but the histogram at -0.37 is negative, signaling that near-term up-momentum has eased while the larger trend stays constructive.
- Volatility
- Moderate. ATR14 at 3.42 (2.66% of price) suggests an average daily move of about 2.7%. Bollinger Bands (121.48 to 133.40) are moderately wide, with price trading in the upper half of the range after the recent rally toward 135.05.
- Volume
- Above average. Latest volume of 10,499,400 is 118.4% of the 20-period average (8,869,465), indicating active participation during the recent advance.
Assessment
The daily chart shows a bullish structure with price above a rising set of moving averages. After reaching a high of 135.05, price pulled back toward the SMA20 at 127.44. The mildly negative MACD histogram points to a short-term consolidation phase rather than a trend change. The SMA20 at 127.44 and the 20-day low at 120.16 are the first support levels to watch, with the 60-day low at 110.15 as deeper support.
Weekly (July 27, 2026 week)
- Trend
- Bullish. Price at 130.20 is above SMA20 (119.82), SMA50 (106.49), and SMA200 (100.54), and all three averages are sloping upward. The weekly chart shows a strong uptrend from the 2024 lows, with higher highs and higher lows intact.
- Momentum
- Bullish. RSI14 at 63.30 is in bullish territory without being overbought. MACD at 5.94 with the histogram positive at 0.55 confirms steady upside momentum on the weekly timeframe.
- Volatility
- Moderate to elevated. ATR14 at 7.30 (5.61% of price) reflects wider weekly ranges, consistent with a trending market. Bollinger Bands (106.49 to 133.16) are expanding.
- Volume
- Slightly below average. Weekly volume of 40,279,400 is 83.8% of the 20-week average (48,091,140), indicating moderate participation.
Assessment
The weekly timeframe confirms a bullish structure with price above all key SMAs and a positive MACD configuration. The uptrend from the 2024 lows remains intact. The weekly RSI at 63.30 leaves room for further upside before reaching overbought conditions. The most recent completed weekly bar eased slightly from the recent highs, so follow-through behavior around the 135.05 area warrants monitoring.
Key indicators
MRK Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 53.96 | 63.30 |
| MACD (12, 26, 9) | 1.69 / 2.07 / -0.37 | 5.94 / 5.39 / 0.55 |
| ATR (14) | 3.42 (2.66%) | 7.30 (5.61%) |
| Bollinger Bands (20, 2) | 121.48 - 133.40 | 106.49 - 133.16 |
| SMA (20) | 127.44 | 119.82 |
| SMA (50) | 123.28 | 106.49 |
| SMA (200) | 111.06 | 100.54 |
Price structure
MRK Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 128.33 | 130.20 |
| 1-Period Return | +0.26% | -0.66% |
| 5-Period Return | -1.56% | +1.20% |
| 20-Period Return | +1.86% | +14.27% |
| 60-Period Return | +16.05% | +72.09% |
| 252-Period Return | +66.07% | +85.29% |
| 52-Week Low | 75.81 | 75.81 |
| 52-Week High | 135.05 | 135.05 |
| 52-Week Position | 88.66% | 91.81% |
Key levels
MRK Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 135.05 | 135.05 |
| 20-Period Low | 120.16 | 107.13 |
| 60-Period High | 135.05 | 135.05 |
| 60-Period Low | 110.15 | 74.18 |
Scenarios
MRK Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price breaks above 135.05 (20-day high / 52-week high) with above-average volume, confirming a continuation of the uptrend.
Invalidation
Price falls below SMA50 (123.28) on the daily chart and fails to reclaim it within several sessions.
What to watch
Sustained price action above SMA20 (127.44); MACD histogram turning positive on the daily; RSI holding above 50.
Range-Bound
Trigger
Price oscillates between 120.16 (20-day low) and 135.05 (20-day high).
Invalidation
A decisive break of either boundary with increasing volume.
What to watch
RSI staying between 45 and 65; volume fading near the middle of the range.
Bearish
Trigger
Price breaks below 120.16 (20-day low) and then the 60-day low at 110.15.
Invalidation
Price reclaims SMA20 (127.44) and holds above it.
What to watch
Sustained closes below SMA50 (123.28); MACD histogram becoming more negative; increasing downside volume.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 5, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 5, 2026, weekly July 27, 2026 week. Generated August 6, 2026.
Related Tools
AI Chart Analyzer
Upload a TradingView chart screenshot and get instant AI-powered technical analysis. Identify patterns, support and resistance, and key levels.
Support and Resistance Calculator
Calculate key support and resistance levels for any stock. Identify potential price zones where reversals or breakouts may occur.
RSI Calculator
Calculate the Relative Strength Index for any stock. Determine overbought and oversold conditions with customizable periods.