PROSHARES MERGER ETF (MRGR) Stock Technical Analysis
USA - NYSEARCA:MRGR - US74348A5662 - ETF
43.6385 USD
+0.13 (+0.3%)
Overall MRGR gets a technical rating of 7 out of 10. Although MRGR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: MRGR has an average volume of 922 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
MRGR is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When compared to the yearly performance of all other stocks, MRGR outperforms 57% of them, which is more or less in line with the market.
In the last month MRGR has a been trading in a tight range between 42.49 and 43.64.
Considerably lower volume is observed in the last couple of days.
Although MRGR has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
39.37
44.09
We found 3 important support areas.
- A support zone ranging from 42.54 to 43.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 41.59 to 41.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 39.77 to 39.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 43.65 to 43.65. This zone is formed by a combination of multiple trend lines 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 MRGR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MRGR is up. |
| ChartMill Relative Strength | 57.09 | NEUTRAL | MRGR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MRGR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MRGR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MRGR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.94 | NEUTRAL | The RSI value for MRGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests MRGR has a positive trend. |
| Stochastics (14,3) | 97.12 | OVERBOUGHT | The high Stochastics value suggests MRGR may be overbought. |
| Average True Range in percent/ATR (20) | 0.35 | LOW VOLATILITY | The low ATR as a percentage value for MRGR suggests low volalility. |
| Average Directional Index/ADX (14) | 21.68 | NEUTRAL | The ADX value for MRGR suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSEARCA:MRGR (10/10/2025, 8:45:10 PM)
43.6385
+0.13 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.3%
1 Week1.26%
2 Weeks1.11%
1 Month1.6%
3 Month3.51%
6 Month5.38%
12 Month3.75%
2 Year9.89%
3 Year8.95%
5 Year12.85%
10 Year19.07%
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%0.35%
ATR Inc-28.08%
Range Today0.02
ADR(20)0.08
ADR(20)%0.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.09
Mansfield-0.49
10 Day High43.64
10 Day Low43.06
20 Day High43.64
20 Day Low42.49
52 Week High43.64
52 Week Low40.57
CS1 End43.3
CR1 Start43.65
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-50.33%
Vol(5)380
Vol(50)922