Technical Analysis for MRGR - ProShares Merger ETF

Grade Last Price % Change Price Change
grade A 37.3499 0.13% 0.05
MRGR closed up 0.13 percent on Friday, May 24, 2019, on 24 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Flat Flat
See historical MRGR trend table...

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
Three Weeks Tight Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Up 3 Days in a Row Strength 0.00%
20 DMA Resistance Bearish 0.13%
50 DMA Resistance Bearish 0.13%
Outside Day Range Expansion 0.13%
Oversold Stochastic Weakness 0.19%
Stochastic Reached Oversold Weakness 0.51%

Older signals for MRGR ...

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Profile
The investment seeks investment results, before fees and expenses, that track the performance of the S&P Merger Arbitrage Index (the "index"). The fund is designed to track the performance of the index and provide exposure to a global merger arbitrage strategy. The index, and by extension the fund, seeks to produce consistent, positive returns in virtually all market environments, although there are no assurances it will achieve this result. The fund is non-diversified.
Exchange Traded Fund Index Fund S&P 500 Index Cboe Hedge Funds Arbitrage Risk Arbitrage
Is MRGR a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 0 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 37.6
52 Week Low 34.73
Average Volume 1,658
200-Day Moving Average 36.7347
50-Day Moving Average 37.3188
20-Day Moving Average 37.324
10-Day Moving Average 37.3027
Average True Range 0.114
ADX 9.65
+DI 28.6126
-DI 33.7779
Chandelier Exit (Long, 3 ATRs ) 37.258
Chandelier Exit (Short, 3 ATRs ) 37.4321
Upper Bollinger Band 37.4993
Lower Bollinger Band 37.1487
Percent B (%b) 0.57
BandWidth 0.939342
MACD Line -0.0085
MACD Signal Line -0.0018
MACD Histogram -0.0067
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 37.48
Resistance 3 (R3) 37.47 37.41 37.46
Resistance 2 (R2) 37.41 37.38 37.42 37.45
Resistance 1 (R1) 37.38 37.35 37.39 37.39 37.45
Pivot Point 37.32 37.32 37.33 37.33 37.32
Support 1 (S1) 37.29 37.29 37.31 37.31 37.25
Support 2 (S2) 37.23 37.26 37.24 37.25
Support 3 (S3) 37.20 37.23 37.24
Support 4 (S4) 37.22