Free MERCK KGAA (MRK.BE) Technical Analysis Signals

Overal Signal
Hold
Signals
Hold Buy Hold Hold
Last Update / Period
30 Apr / Daily
Category/Currency
Stocks/EUR
Exchange/Country
XBER/Germany

MERCK KGAA (MRK.BE) signal with technical analysis on 30 Apr

On 30 Apr, we conducted a comprehensive technical analysis of MERCK KGAA (MRK.BE), considering 256 signals with intricate details. Here are the key findings: 141 signals suggested buy strategies, while 33 indicated sell strategies. The remaining 82 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 32
Sell Signals: 6
Neutral Signals: 26
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 45
Sell Signals: 2
Neutral Signals: 17
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 36
Sell Signals: 8
Neutral Signals: 20
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 28
Sell Signals: 17
Neutral Signals: 19
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 141
Sell Signals: 33
Neutral Signals: 82
Result: This strategy leads to a Hold position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your MERCK KGAA (MRK.BE) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for MERCK KGAA (MRK.BE) on , there appears to be a tendency toward a buy signal based on historical data and analysis. However, it's essential to remember that these signals are not guarantees, and investment decisions should be made carefully. It's important to consider the overall market conditions and how your choices align with your specific investment goals.


Based on the signals, we offer the following recommendations:

MERCK KGAA (MRK.BE) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, based on the consensus of our technical analysis signals, it is advised to maintain your current position with increased vigilance and caution. However, always be careful and closely monitor market developments.

MERCK KGAA (MRK.BE) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to carefully time your exit based on the combination of technical analysis signals. If you have a high risk tolerance, consider waiting for potential market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it is advisable to consider the projected price range. This range represents a potential upside of 7.9%, determined by the highest predicted price. However, before initiating a buy position, conduct thorough research to ensure it fits your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial to managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we recommend using the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make well-informed decisions regarding your **MERCK KGAA (MRK.BE)** holdings.

MERCK KGAA (MRK.BE) Price Analysis and Resistance Levels:

Given our current long position in MERCK KGAA (MRK.BE), analyzing key resistance levels is crucial to better understand its price movement. These resistance levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (130.968): The primary hurdle is the 130.968 price level. If the prevailing trend remains unchanged, MERCK KGAA (MRK.BE) could break above this level, indicating its strength and potential for further growth.

Second resistance level (132.177): If the upward trend shows significant strength, MERCK KGAA (MRK.BE) may cross the second resistance level at 132.177, signaling a significant upside move and a promising direction for our position.

Third resistance level (140.108): For a more comprehensive analysis, we should consider a scenario where MERCK KGAA (MRK.BE) not only breaks the second resistance level but also holds its price above this benchmark. If this trend continues in the coming days, it could pave the way for MERCK KGAA (MRK.BE) to reach the third resistance level at 140.108.
It's crucial to monitor these resistance levels closely and understand them within the context of overall market trends and indicators. To make informed decisions while trading MERCK KGAA (MRK.BE), stay alert and continuously analyze the market. By considering these resistance levels and broader market dynamics, you can make smarter trading choices and better adapt to the evolving nature of this market.

MERCK KGAA (MRK.BE) technical analysis chart

MERCK KGAA (MRK.BE) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 130.968 132.177 140.108 157.567 171.54
Support 115.587 110.826 -- -- --
 MERCK KGAA (MRK.BE) Support and Resistance area (30 Apr)  MERCK KGAA (MRK.BE) Support and Resistance area (30 Apr)

MERCK KGAA (MRK.BE) signals list for 30 Apr

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

MERCK KGAA (MRK.BE) candlestick patterns on 30 Apr

Today's MERCK KGAA (MRK.BE) Candle Patterns List:

Doji Harami Pattern Harami Cross Pattern

MERCK KGAA (MRK.BE) technical analysis over the past days

# Date Overal Signals ALL Signals
1 29 Apr Hold HoldHoldHoldHold
2 28 Apr Buy HoldHoldBuyNeutral
3 25 Apr Hold HoldHoldNeutralNeutral
4 24 Apr Buy HoldHoldNeutralHold
5 23 Apr Buy BuyBuyNeutralHold
6 22 Apr Sell NeutralSellHoldHold
7 17 Apr Hold HoldNeutralHoldHold
8 16 Apr Hold HoldNeutralHoldHold
9 15 Apr Hold HoldHoldHoldHold
10 14 Apr Buy BuyHoldHoldHold
11 11 Apr Sell SellHoldHoldHold
12 10 Apr Hold NeutralHoldHoldHold
13 09 Apr Hold HoldHoldHoldHold
14 08 Apr Hold HoldHoldHoldHold
15 07 Apr Hold HoldHoldHoldHold
16 04 Apr Hold HoldHoldHoldHold
17 03 Apr Hold HoldHoldHoldHold
18 02 Apr Hold HoldHoldHoldHold
19 01 Apr Hold NeutralHoldHoldHold
20 31 Mar Hold NeutralHoldHoldHold
21 28 Mar Hold NeutralHoldHoldHold
22 27 Mar Hold HoldHoldHoldHold
23 26 Mar Hold HoldHoldHoldHold
24 25 Mar Hold HoldHoldHoldHold
25 24 Mar Hold HoldHoldHoldHold
26 21 Mar Hold HoldHoldHoldHold
27 20 Mar Sell SellSellSellHold
28 19 Mar Sell HoldNeutralNeutralSell
29 18 Mar Buy BuyNeutralNeutralNeutral
30 17 Mar Hold NeutralHoldHoldHold

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