As of June 16, 2026, MRK is showing a Ascending Triangle pattern with 85% confidence on the daily timeframe. SCTR 2.8 (bearish zone), Confirmed Bear trend. EdgeOS buy trigger $119.81 · Target $122.28 · Stop $118.29.
Yes. MRK is currently showing a Ascending Triangle pattern with 85% confidence on the daily timeframe (detected 6/16/2026).
The MRK Ascending Triangle has a confidence score of 85%. Confidence above 65% is considered high — indicating a clear, textbook-quality pattern. The confidence score measures how closely price action matches the ideal pattern template.
MRK's EdgeOS buy trigger is $119.81, target $122.28 (Saty ATR +1), stop below $118.29.
The Ascending Triangle has a historical win rate of 72% when traded with proper volume confirmation and stop placement. Average time to target: 18 trading bars. Best results when combined with trending SCTR (above 9 for bullish, below 4 for bearish) and EdgeOS count confirmation.
Open MRK on a chart with EdgeOS overlays, Saty ATR levels, pattern scan, and AI research — all in one view.
Pattern data updated nightly · For informational purposes only · Not investment advice