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Spread BMY-MRK

This spread between US stocks BMY (Bristol-Myers Squibb) and MRK (Merck & Co.) is approaching a very interesting stage.

BMY individual chart shows a greater strength than MRK´s:

On the spread chart, we check that this BMY relative strength has caused the spread to get out of range, and apparently it wants to reach the maximum of a year ago.

You can watch the last post about this spread with stocks, in my Spanish blog: Spread BMY-MRK (3)

This article may interest you: 5 Tips for Choosing a Spread of Stocks

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