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Stock Trend Analysis Report

Prepared for you on Sunday, August 7, 2022.

ProShares Merger ETF (BATS:MRGR)

Sidelines Mode (-55) - MRGR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid MRGR?

MarketClub looks at technical strength and momentum to determine if the timing is right for MRGR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low MRGR Price Change
39.939 40.020 40.010 40.020 +0.081
Entry Signal

MarketClub’s Trade Triangles for MRGR

long term down The long-term trend has been DOWN since Jan 18th, 2022 at 40.7200

intermediate term down The intermediate-term trend has been DOWN since Jul 13th, 2022 at 39.4900

short term up The short-term trend has been UP since Aug 4th, 2022 at 39.9845

Smart Scan Analysis for MRGR

Based on our trend formula, MRGR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for MRGR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.939 40.020 40.010 40.020 +0.081
Prev. Close Volume Bid Ask Time
39.890 292 2022-08-05 10:42:05
Year High36.92Year High Date2018-11-13
Year Low34.73Year Low Date2018-04-24
52wk High42.0152wk High Date2021-11-09
52wk Low39.252wk Low Date2022-07-13
Year End Close40.4199Average Volume66,550
Shares Outstanding975Volatility6.08
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