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Merck Shares Up 19.0% Since SmarTrend's Buy Recommendation (MRK)

By Shiri Gupta

SmarTrend identified an Uptrend for Merck (NYSE:MRK) on March 7th, 2016 at $52.34. In approximately 8 months, Merck has returned 19.05% as of today's recent price of $62.31.

In the past 52 weeks, Merck share prices have been bracketed by a low of $45.69 and a high of $64.86 and are now at $62.31, 36% above that low price. The 200-day and 50-day moving averages have moved 0.15% lower and 0.64% higher over the past week, respectively.

Merck & Co., Inc. is a global pharmaceutical company that discovers, develops, manufactures, and markets a broad range of human and animal health products. Merck's products include a treatment for elevated cholesterol, a treatment for male pattern hair loss, a preventive treatment for osteoporosis, a treatment for hypertension, and a treatment for allergic rhinitis.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Merck shares.

Log in and add Merck (MRK) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights Merck

Ticker(s): MRK