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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.

10 day averaged volume of Merrimack Pharmaceuticals is 43700

Date Daily Closing Price Open High Low Volume
15 Thu Apr 2021 7.04 6.88 7.19 6.72 2.014 times
14 Wed Apr 2021 6.62 6.68 6.80 6.53 1.78 times
13 Tue Apr 2021 6.72 6.22 6.72 6.04 1.467 times
12 Mon Apr 2021 6.12 6.20 6.26 5.93 1.883 times
09 Fri Apr 2021 6.15 6.25 6.25 6.07 0.87 times
08 Thu Apr 2021 6.26 6.22 6.28 6.16 0.233 times
07 Wed Apr 2021 6.22 6.42 6.52 6.16 0.696 times
06 Tue Apr 2021 6.40 6.33 6.49 6.25 0.256 times
05 Mon Apr 2021 6.33 6.49 6.55 6.21 0.785 times
01 Thu Apr 2021 6.48 6.28 6.53 6.20 0.497 times

Stock of Merrimack Pharmaceuticals (MACK) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 7, for a target of 6.7 or 6.44

Share price targets for Merrimack Pharmaceuticals (MACK)

Target Type Value
Downside Target 3.94
Downside Target 5.93
Downside Target 6.42
Downside Target 6.87
Upside Target 7.15
Upside Target 7.19
Upside Target 7.59
Upside Target 8.60
Upside Target 8.86
Upside Target 9.45

Intraday share price targets for Merrimack Pharmaceuticals (MACK)

Target Type Value
Downside Intraday Target 6.25
Downside Intraday Target 5.46
Upside Intraday Target 7.51
Upside Intraday Target 7.98
Downside Intraday Target 6.72

Weekly technical analysis of Merrimack Pharmaceuticals (MACK)

Date Weekly Closing Price Open High Low Volume
15 Thu Apr 2021 7.04 6.20 7.19 5.93 2.516 times
09 Fri Apr 2021 6.15 6.49 6.55 6.07 0.844 times
01 Thu Apr 2021 6.48 6.44 6.55 6.07 0.561 times
26 Fri Mar 2021 6.50 6.68 6.87 6.02 0.921 times
19 Fri Mar 2021 6.67 7.01 7.15 6.56 0.929 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
15 Thu Apr 2021 7.04 6.28 7.19 5.93 0.3 times
31 Wed Mar 2021 6.28 6.80 7.59 6.02 0.542 times
26 Fri Feb 2021 6.48 6.77 9.45 6.45 1.635 times
29 Fri Jan 2021 6.72 6.69 8.60 6.42 0.019 times

Scroll below to view daily charts

Price has moved up 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)

Indicator Name Indicator Value Indicator Signal
ADX 32, 13, 41 Buy
MACD -0, -0Buy
Stochastics 89Buy
CCI 212Buy
RSI 61Buy
OBV -245500Sell
VWAP 7Buy
ADL 0Sell
ROC 12Buy
Force Index 0Sell

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Merrimack Pharmaceuticals stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Merrimack Pharmaceuticals in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Merrimack Pharmaceuticals Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Merrimack Pharmaceuticals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.52 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.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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