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NYSE Stocks Showing Potential Momentum: (NYSE: MRK), (NYSE: SPY)


New York, NY -- (ReleaseWire) -- 04/03/2013 --Merck & Co. Inc. (NYSE: MRK) traded in the range of $45.00 and $46.16 during its latest trading session. The stock opened at $45.06 and is currently at $45.92, up 2.26 percent from its previous close of $44.91. The stock’s MACD chart shows neutral trend and the stock may tumble to $45.45 level in the coming session.

The stock is also trading below its short term moving average price of $45.99 and long term moving average price of $46.01, which hints at neutral trend. Merck & Co offers prescription medicines and vaccines for various ailments.

Find out if MRK will pick up more steam in the upcoming trading sessions here:

SPDR S&P 500 (NYSE: SPY) is trading at $155.60, down 0.78 percent from its previous close of $156.82. The fund is down with the volume of 70.424 million, lower than its usual volume of 124.197 million units. SPDR S&P 500 opened the session at $156.91 and touched its highest price point at $157.03. Its lowest price point for the session stood at $155.53.

The fund is currently in the neutral mode and is likely to continue the trend as shown by its MACD chart. It is likely to go up to $156.05 in the coming trading sessions.

Find out where SPY could be headed here:

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