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(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 2024-03-19 View latest technical analysis

10 day averaged volume of Merrimack Pharmaceuticals is 105880

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	14.69	14.74	14.77	14.69	0.677 times
18 Mon Mar 2024	14.72	14.74	14.75	14.68	0.866 times
15 Fri Mar 2024	14.74	14.64	14.76	14.64	1.713 times
14 Thu Mar 2024	14.66	14.66	14.70	14.66	0.961 times
13 Wed Mar 2024	14.69	14.64	14.72	14.64	1.477 times
12 Tue Mar 2024	14.65	14.66	14.73	14.60	1.107 times
11 Mon Mar 2024	14.66	14.72	14.74	14.62	0.943 times
08 Fri Mar 2024	14.72	14.78	14.83	14.70	0.917 times
07 Thu Mar 2024	14.77	14.71	14.78	14.70	0.737 times
06 Wed Mar 2024	14.71	14.69	14.73	14.68	0.559 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 14.7, but if it comes above 14.7, then a intra day buy could be more profitable.
If you take a sell trade below 14.7, then use 14.7 as stoploss and 14.6 as target. However if you take a buy trade in stock , then use 14.7 as stoploss and 14.7 as target.

Share price targets for Merrimack Pharmaceuticals (MACK)

Target Type	Value
Downside Target	12.00
Downside Target	12.56
Downside Target	12.94
Downside Target	13.52
Downside Target	14.60
Upside Target	14.76
Upside Target	14.77
Upside Target	14.80
Upside Target	14.83
Upside Target	15.89

Intraday share price targets for Merrimack Pharmaceuticals (MACK)

Target Type	Value
Downside Intraday Target	14.66
Downside Intraday Target	14.62
Upside Intraday Target	14.75
Upside Intraday Target	14.8
Upside Intraday Target	14.71

Weekly technical analysis of Merrimack Pharmaceuticals (MACK)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	14.69	14.74	14.77	14.68	0.249 times
15 Fri Mar 2024	14.74	14.72	14.76	14.60	1.636 times
08 Fri Mar 2024	14.72	14.71	14.83	14.68	1.363 times
01 Fri Mar 2024	14.74	14.67	14.80	14.67	0.663 times
23 Fri Feb 2024	14.73	14.70	14.80	14.61	0.173 times

Price has moved down 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
19 Tue Mar 2024	14.69	14.68	14.83	14.60	0.348 times
29 Thu Feb 2024	14.70	13.50	15.89	12.94	4.796 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

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Merrimack Pharmaceuticals ( (MACK) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL signal for Merrimack Pharmaceuticals in short term but the sell signal is initial and weak.

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 in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Merrimack Pharmaceuticals in short term

RSI is generating a BUY signal in short term and the buying is gaining 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 14.7 and Merrimack Pharmaceuticals (MACK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.