VANECK MRNGSTR WD MOAT G ETF (MGRO) Stock Technical Analysis
NYSEARCA:MGRO • US92189H6808
Taking everything into account, MGRO scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MGRO is only an average performer.
- Warning: MGRO has an average volume of 184 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- MGRO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When comparing the performance of all stocks over the past year, MGRO turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
- In the last month MGRO has a been trading in a tight range between 31.81 and 32.71.
- Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, MGRO also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 32.20, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
30.91
When analyzing the support we notice one important area.
- A support zone ranging from 31.22 to 32.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 32.28 to 32.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MGRO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MGRO is up. |
| ChartMill Relative Strength | 55.87 | NEUTRAL | MGRO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MGRO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MGRO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MGRO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.9 | NEUTRAL | The RSI value for MGRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MGRO has a negative trend. |
| Stochastics (14,3) | 35.51 | NEUTRAL | The Stochastics value for MGRO is a neutral value. |
| Average True Range in percent/ATR (20) | 0.64 | LOW VOLATILITY | The low ATR as a percentage value for MGRO suggests low volalility. |
| Average Directional Index/ADX (14) | 9.06 | NEGATIVE | The low ADX value for MGRO suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 32.36 | 32.19 | 0.17 (0.51%) | 25.00% |
| An entry @32.36. This is a Buy Stop order right above the 10 day moving average. | An exit @32.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.17 points, which is 0.51%. | For a 0.13% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MGRO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:MGRO (9/19/2025, 8:04:03 PM)
32.2092
0 (0%)
VANECK MRNGSTR WD MOAT G ETF / MGRO FAQ
What is the technical rating for MGRO stock?
ChartMill assigns a technical rating of 7 / 10 to MGRO.
What is the current trend direction of VANECK MRNGSTR WD MOAT G ETF (MGRO) stock?
The current trend direction for VANECK MRNGSTR WD MOAT G ETF (MGRO) is Bullish.
Can you provide the RSI signal for VANECK MRNGSTR WD MOAT G ETF?
VANECK MRNGSTR WD MOAT G ETF (MGRO) has an RSI value of 49.8981. This indicates that the stock is currently neutral.
Can you provide the short term momentum for VANECK MRNGSTR WD MOAT G ETF?
The short term momentum for VANECK MRNGSTR WD MOAT G ETF (MGRO) is positive.
What is the support and resistance level for MGRO stock?
VANECK MRNGSTR WD MOAT G ETF (MGRO) has a support level at 32.2 and a resistance level at 32.28. Check the full technical report for our detailed analysis of MGRO support and resistance levels.