(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.
Showing technical analysis as on 2024-02-22 View latest technical analysis
10 day averaged volume of Merrimack Pharmaceuticals is 314520
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 14.72 | 14.65 | 14.75 | 14.65 | 0.207 times |
| 21 Wed Feb 2024 | 14.68 | 14.67 | 14.78 | 14.61 | 0.405 times |
| 20 Tue Feb 2024 | 14.70 | 14.70 | 14.74 | 14.64 | 0.589 times |
| 16 Fri Feb 2024 | 14.70 | 14.75 | 14.80 | 14.67 | 0.763 times |
| 15 Thu Feb 2024 | 14.70 | 14.67 | 14.80 | 14.62 | 0.727 times |
| 14 Wed Feb 2024 | 14.67 | 14.78 | 14.80 | 14.53 | 2.237 times |
| 13 Tue Feb 2024 | 15.00 | 13.73 | 15.89 | 13.55 | 4.035 times |
| 12 Mon Feb 2024 | 13.99 | 13.75 | 14.21 | 13.72 | 0.385 times |
| 09 Fri Feb 2024 | 13.80 | 13.39 | 13.85 | 13.34 | 0.367 times |
| 08 Thu Feb 2024 | 13.62 | 13.05 | 13.70 | 12.94 | 0.272 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 14.5, but if it comes below 14.5, then a intra day sell could be more profitable.
If you take a sell trade below 14.5, then use 14.5 as stoploss and 13.87 as target. However if you take a buy trade in stock , then use 14.5 as stoploss and 15.3 as target.
Share price targets for Merrimack Pharmaceuticals (MACK)
| Target Type | Value |
| Downside Target | 12.00 |
| Downside Target | 12.50 |
| Downside Target | 12.94 |
| Downside Target | 13.48 |
| Downside Target | 13.55 |
| Downside Target | 13.56 |
| Downside Target | 13.85 |
| Downside Target | 14.61 |
| Upside Target | 14.78 |
| Upside Target | 15.89 |
Intraday share price targets for Merrimack Pharmaceuticals (MACK)
| Target Type | Value |
| Downside Intraday Target | 14.63 |
| Downside Intraday Target | 14.53 |
| Upside Intraday Target | 14.8 |
| Upside Intraday Target | 14.87 |
| Downside Intraday Target | 14.7 |
Weekly technical analysis of Merrimack Pharmaceuticals (MACK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 14.72 | 14.70 | 14.78 | 14.61 | 0.147 times |
| 16 Fri Feb 2024 | 14.70 | 13.75 | 15.89 | 13.55 | 5.644 times |
| 09 Fri Feb 2024 | 13.80 | 13.14 | 13.85 | 12.94 | 2.519 times |
| 02 Fri Feb 2024 | 13.13 | 13.29 | 13.56 | 13.10 | 0.981 times |
| 26 Fri Jan 2024 | 13.25 | 13.25 | 13.48 | 13.00 | 1.614 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Merrimack Pharmaceuticals (MACK)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 14.72 | 13.50 | 15.89 | 12.94 | 4.448 times |
| 31 Wed Jan 2024 | 13.40 | 13.40 | 13.56 | 12.96 | 0.751 times |
| 29 Fri Dec 2023 | 13.41 | 12.56 | 13.52 | 12.56 | 1.244 times |
| 30 Thu Nov 2023 | 12.62 | 12.28 | 12.95 | 12.00 | 1.468 times |
Scroll below to view daily charts
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)
Price action analysis of Merrimack Pharmaceuticals ( (MACK) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Merrimack Pharmaceuticals ( (MACK) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Merrimack Pharmaceuticals in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Merrimack Pharmaceuticals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
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 14.72 and Merrimack Pharmaceuticals (MACK) stock is trading below this level. This means that stock is falling with high volumes. 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.
Price action analysis of Merrimack Pharmaceuticals ( (MACK) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Merrimack Pharmaceuticals ( (MACK) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Merrimack Pharmaceuticals in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Merrimack Pharmaceuticals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
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 14.72 and Merrimack Pharmaceuticals (MACK) stock is trading below this level. This means that stock is falling with high volumes. 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.