PROSHARES MERGER ETF (MRGR) Stock Technical Analysis
NYSEARCA:MRGR - NYSE Arca - US74348A5662 - ETF - Currency: USD
We assign a technical rating of 7 out of 10 to MRGR. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MRGR is only an average performer.
Warning: MRGR has an average volume of 622 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!
When compared to the yearly performance of all other stocks, MRGR outperforms 55% of them, which is more or less in line with the market.
MRGR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MRGR is lagging the market slightly.
In the last month MRGR has a been trading in a tight range between 41.83 and 42.25.
MRGR has an excellent technical rating, but the quality of the setup is only medium 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
39.23
42.72
3 important support areas can be observed.
- A support zone ranging from 41.76 to 42.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.95 to 40.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 39.63 to 39.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 42.22 to 42.30. 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 | 55.09 | 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) | 80.06 | OVERBOUGHT | The high RSI value suggests MRGR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MRGR has a positive trend. |
| Stochastics (14,3) | 82.81 | OVERBOUGHT | The high Stochastics value suggests MRGR may be overbought. |
| Average True Range in percent/ATR (20) | 0.17 | LOW VOLATILITY | The low ATR as a percentage value for MRGR suggests low volalility. |
| Average Directional Index/ADX (14) | 38.91 | POSITIVE | The high ADX value value for MRGR suggests a strong 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 (6/18/2025, 8:09:44 PM)
42.215
0 (-0.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.01%
1 Week0.59%
2 Weeks0.69%
1 Month0.97%
3 Month0.96%
6 Month0.25%
12 Month5.89%
2 Year10.02%
3 Year5.1%
5 Year12.07%
10 Year15.98%
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%0.17%
ATR Inc137.6%
Range Today0.21
ADR(20)0.05
ADR(20)%0.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.09
Mansfield-0.27
10 Day High42.22
10 Day Low41.92
20 Day High42.25
20 Day Low41.83
52 Week High45.62
52 Week Low39.77
CS1 End42.05
CR1 Start42.22
Volume & EV
DER(3)0%
DER(5)0%
Volume1.70K
Volume Incr9.52%
Vol(5)460
Vol(50)622