Crossing below the 200 day: Merck & Co. Inc.

by DAN Merck & Co. Inc. ($MRK) is falling below the 200 day moving average. This is a bearish development, many technical traders use the 200 moving average to dictate which side of the trade engage. (Short below the 200 day, long above the 200 day moving average). The next line of support is at $56, which has held since late last year.

52 Week Range $52.49-$63.62 Market Cap 162,195,980,610 Average Volume 10,857,325 Dividend Yield 3.11% Institutional Ownership 78.90% Insider Ownership: 0.10% Percentage of Float Short 1.10% Beta 0.38

Merck & Co. Inc. is below the 50 day moving average and below the 200 day moving average. These are bearish, bearish indicators respectively.

Merck & Co. Inc. Merck & Co Inc is a health care company that delivers health solutions through its prescription medicines, vaccines, biologic therapies, animal health, and consumer care products.

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