Merck (MRK) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for MRK · data as of Jun 25, 2026. The chart above is live; the read below updates daily.

$125.45last close · Jun 25, 2026

MRK Rising Wedge Pattern

No chart pattern is currently detected on MRK. The most recent was a Rising Wedge, detected Nov 17, 2025.

A Rising Wedge is a brief, tidy pause that typically continues the move higher. It projects a measured-move target near $106.10 (+15.4%). Across 14,154 backtested rising wedges, the setup followed through 49.3% of the time, averaging +0.13R; MRK's own rising wedges have hit 51.1%.

DirectionBullishTarget$106.10Projected move+15.4%Breakout level$94.15

MRK's most recent Rising Wedge trade

MRK's most recent completed Rising Wedge resolved as a win: it broke higher on Nov 18, 2025 near $96.43, then reached its target at $106.10 on Dec 24, 2025 — a +0.67R move (10.0%) over 25 sessions. Across 139 backtested rising wedges, this setup wins 50.4% of the time.

OutcomeWinResult+0.67REntry$96.43Exit$106.10

How Rising Wedges have performed

Win rate
49.3%
Avg return
+0.13R
Backtested trades
14,154
MRK win rate
51.1%

Historical pattern statistics (1986-12-18 – 2026-06-11), not a prediction.

MRK support and resistance levels

Price found a floor near $109.99 about 5 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $233.85 — still about 83% away.

  • Traders commonly watch $233.85 as a target (its 261.8% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • Nothing here is a signal to act — the long would have set up at the $109.99 floor about 5 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh entry.

Nearest auto-detected support sits near $121.30, resistance near $242.03. These are chart/swing-derived levels, not formula pivots.

Resistance
$242.03
Support
$121.30$112.68$110.11$109.17$108.27$106.29$104.55

MRK recent daily prices

DateOpenHighLowClose
Jun 25, 2026$121.63$125.96$121.00$125.45
Jun 24, 2026$120.90$121.81$119.51$120.60
Jun 23, 2026$116.53$119.80$116.53$119.60
Jun 22, 2026$113.97$115.63$113.00$115.48
Jun 18, 2026$114.64$114.94$111.57$113.87
Jun 17, 2026$114.86$115.99$114.02$115.44
Jun 16, 2026$115.88$115.90$113.57$115.17
Jun 15, 2026$118.71$118.95$114.87$114.90
Jun 12, 2026$121.50$121.90$118.83$119.05
Jun 11, 2026$120.04$122.71$119.95$120.76

MRK frequently asked questions

What chart pattern is MRK forming right now?
No pattern is currently detected on MRK. The most recent was a Rising Wedge, detected Nov 17, 2025.
Is a Rising Wedge bullish or bearish?
The Rising Wedge detected on MRK is a bullish pattern, projecting a measured-move target of $106.10. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Rising Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Rising Wedge family (14,154 trades over 516 symbols), it resolved in the expected direction 49.3% of the time with an average of +0.13R. These are historical statistics, not a prediction.
What are the support and resistance levels for MRK?
Based on auto-detected, swing-derived levels (as of Jun 25, 2026), MRK's nearest support is around $121.30 and nearest resistance around $242.03.
What is the price target if MRK's pattern breaks out?
The detected Rising Wedge has a geometry-based measured-move target of $106.10 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was MRK's closing price on Jun 25, 2026?
Merck (MRK) last closed at $125.45 on Jun 25, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.

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