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Merck & Co., Inc Breaks Below 200-Day Moving Average - Bearish for MRK

By Market News Video Staff, Thursday, July 28, 3:55 PM ET
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In trading on Thursday, shares of Merck & Co., Inc (NYSE:MRK) crossed below their 200 day moving average of $35.00, changing hands as low as $34.98 per share. Merck & Co., Inc shares are currently trading off about 0.6% on the day. The chart below shows the one year performance of MRK shares, versus its 200 day moving average:

Merck & Co., Inc 200 Day Moving Average Chart

Looking at the chart above, MRK's low point in its 52 week range is $31.06 per share, with $37.68 as the 52 week high point — that compares with a last trade of $35.02.

According to the ETF Finder at ETF Channel, MRK makes up 7.86% of the Health Care Select Sector SPDR Fund ETF (AMEX:XLV) which is trading relatively unchanged on the day Thursday.

     See what other ETFs contain MRK »
     See what other stocks are held by XLV »

MRK operates in the Drugs & Pharmaceuticals sector, among companies like Santarus Inc (NASDAQ:SNTS) which is up about 1.2% today, and Cornerstone Therapeutics Inc (NASDAQ:CRTX) trading higher by about 1.2%. Below is a three month price history chart comparing the stock performance of MRK, versus SNTS and CRTX.

MRK,SNTS,CRTX Relative Performance Chart


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This Article's Word Cloud:   AMEX   Average   Below   CRTX   Channel   Drugs   ETFs   Finder   Free   GROWTH   INVESTMENT   Merck   Moving   NASDAQ   PORTFOLIO   Pharmaceuticals   Portfolio   SNTS   Therapeutics   Thursday   about   among   asset   average   below   cash   chart   companies   designed   growth   hands   history   moving   operates   other   performance   point   portfolio   share   shares   slideshow   stocks   there   trading   versus   week   what   which   with   year
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