
Technical analysis of Merck KGaA (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Merck KGaA is a company operating in the healthcare and science and technology sector. Through its business segments, it provides products, solutions and services for laboratory research, pharmaceutical development and manufacturing, as well as advanced materials for the semiconductor industry. The company operates in Europe, North America, Latin America, Middle East, Africa and Asia Pacific.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 20, 2026, computed on the last 12 months of prices.
21 sessions
138.83 €
+3.51%
50 sessions
137.07 €
+4.83%
200 sessions
127.87 €
+12.38%
s2
142.10
Support
s1
144.25
Support
pivot
145.70
Pivot
r1
147.85
Resistance
r2
149.30
Resistance
In the October 20, 2026 session Merck KGaA closed lower at 143.70 €, −1.84% versus the previous session.
The price sits above every moving average observed: +3.51% against the 21-session average, +4.83% against the 50 and +12.38% against the 200.
The 14-period RSI reads 60.3, in neutral territory.
MACD stands at 2.298 against a signal line at 1.482: the histogram is positive (+0.817).
ADX reads 22.2, indicating weak directionality.
Levels computed on the latest session place supports at 144.25 and 142.10 € and resistances at 147.85 and 149.30 €, around a pivot of 145.70.
The average daily range (ATR) is 3.133 €, or 2.18% of price.
Turnover was 193.6K shares, 87% of the 20-session average.
Over the last twelve months the price ranged between 110.95 and 148.80 €, and today stands −3.43% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Merck KGaA analysed technically?
Technical analysis of Merck KGaA is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Merck KGaA?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Merck KGaA?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Merck KGaA it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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