MRK Hits 152.2 in Stage 2 Uptrend, All 8 Trend Checks Pass

Posted on by Eben@CANSLIM Research
MRK daily stock chart with 10, 20, 50, 150 and 200-day moving averages, volume and RS line versus SPY — CANSLIM Research
Eben@CANSLIM Research's avatarEben@CANSLIM Research

Merck (MRK) is trading at 152.2, at fresh highs with no base formation, as the stock continues its Stage 2 advance above a rising 30-week moving average. The market is focused on the stock’s flawless trend template, with all eight checks passing, including price above all key moving averages and a relative strength line at a three-month high. Overall sentiment is bullish, with an offensive setup in place despite a recent 11.9% pullback from highs.

Technical Analysis

As of 2026-08-19 · Close $152.2

Stage Analysis

Stage 2 (Advancing) — Price holding above a rising 30-week MA — uptrend intact (30-week MA 6-week slope: 4.16%)

Detected Patterns — What the Market Is Watching

  • No actionable pattern detected at this time.

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