Strong bullish momentum detected
MRK MRK
Technical Analysis
MRK MRK
Price is above all key moving averages
MACD shows bullish crossover
Key Support & Resistance
Market Analysis
Market analysis updated based on the close of Oct 14, 2026. Technicals indicate a bullish pivot point near 139.74. An impulsive upward wave is currently unfolding. With 2 stages of the cycle completed, the primary technical objective is set at 171.89. Maintaining price above 138.89 is critical for this setup. Expect heightened volatility as price approaches these key horizontal levels.
With a bullish aggregate bias (score 69/100), look for buying opportunities near the 140.108 support rather than chasing strength into resistance. Set a protective stop below the 140.11 level, and wait for a volume-backed breakout above 165.03 to add to the position.
Volume-at-Price · Fundamentals