(MACK) Merrimack Pharmaceuticals complete technical analysis [charts+indicators] | Buy/Sell Merrimack Pharmaceuticals | (MACK) share price targets
Complete technical analysis of Merrimack Pharmaceuticals (MACK) by charts plus indicators, forecast predictions and share price targets for Merrimack Pharmaceuticals (MACK)
Merrimack Pharmaceuticals trades in USA in Health Care sector.
10 day averaged volume of Merrimack Pharmaceuticals is 661420
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 15.13 | 15.15 | 15.16 | 15.13 | 1.887 times |
| 16 Thu May 2024 | 15.13 | 15.14 | 15.15 | 15.12 | 1.314 times |
| 15 Wed May 2024 | 15.13 | 15.15 | 15.15 | 15.13 | 0.563 times |
| 14 Tue May 2024 | 15.12 | 15.11 | 15.15 | 15.11 | 2.925 times |
| 13 Mon May 2024 | 15.10 | 15.11 | 15.13 | 15.10 | 0.777 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 15.1, but if it comes below 15.1, then a intra day sell could be more profitable.
If you take a sell trade below 15.1, then use 15.1 as stoploss and 14.95 as target. However if you take a buy trade in stock , then use 15.1 as stoploss and 15.3 as target.
Share price targets for Merrimack Pharmaceuticals (MACK)
| Target Type | Value |
| Downside Target | 12.94 |
| Downside Target | 13.56 |
| Downside Target | 14.60 |
| Downside Target | 14.94 |
| Downside Target | 15.00 |
| Downside Target | 15.03 |
| Downside Target | 15.10 |
| Downside Target | 15.13 |
| Upside Target | 15.16 |
| Upside Target | 15.89 |
Intraday share price targets for Merrimack Pharmaceuticals (MACK)
| Target Type | Value |
| Downside Intraday Target | 15.1 |
| Downside Intraday Target | 15.07 |
| Upside Intraday Target | 15.16 |
| Upside Intraday Target | 15.19 |
| Downside Intraday Target | 15.13 |
Weekly technical analysis of Merrimack Pharmaceuticals (MACK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 15.13 | 15.11 | 15.16 | 15.10 | 2.946 times |
| 10 Fri May 2024 | 15.12 | 15.03 | 15.13 | 15.00 | 1.87 times |
| 03 Fri May 2024 | 15.00 | 14.77 | 15.03 | 14.72 | 2.14 times |
| 26 Fri Apr 2024 | 14.73 | 14.73 | 14.78 | 14.70 | 0.783 times |
| 19 Fri Apr 2024 | 14.72 | 14.70 | 14.73 | 14.66 | 1.286 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Merrimack Pharmaceuticals (MACK)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 15.13 | 14.95 | 15.16 | 14.94 | 3.418 times |
| 30 Tue Apr 2024 | 14.74 | 14.78 | 14.82 | 14.66 | 0.871 times |
| 28 Thu Mar 2024 | 14.77 | 14.68 | 14.91 | 14.60 | 0.653 times |
| 29 Thu Feb 2024 | 14.70 | 13.50 | 15.89 | 12.94 | 5.039 times |
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Merrimack Pharmaceuticals (MACK)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 71, 71, 0 | Sell |
| MACD | 0, 0 | Buy |
| Stochastics | 86 | Buy |
| CCI | 78 | Buy |
| RSI | 63 | Buy |
| OBV | 3681806 | Sell |
| VWAP | 15 | Buy |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Merrimack Pharmaceuticals ( (MACK) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Merrimack Pharmaceuticals ( (MACK) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Merrimack Pharmaceuticals ( (MACK) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Merrimack Pharmaceuticals ( (MACK) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Merrimack Pharmaceuticals stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Merrimack Pharmaceuticals in short term and the buy signal is strong.
Merrimack Pharmaceuticals Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Merrimack Pharmaceuticals in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Merrimack Pharmaceuticals is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 15.11 and Merrimack Pharmaceuticals (MACK) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Merrimack Pharmaceuticals (MACK) stock. Volume based technical analysis of Merrimack Pharmaceuticals (MACK) stock is negative.
Merrimack Pharmaceuticals Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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