


Technical Sentiment Analysis for ProShares Merger ETF (MRGR). As of 2026-05-22, ProShares Merger ETF (MRGR) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 10 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MRGR stands at 56.14, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.04, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 81.16 and the Commodity Channel Index (CCI) at 137.38 further confirm a 0.04 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, MRGR is trading above its 60-day moving average of $45 and above its 200-day long-term moving average of $44.51. Key price levels to watch include the immediate resistance at $45.34 and strong support at $44.95. A break above $45.34 could signal a bull continuation, while falling below $44.95 may test the next Fibonacci floor at $44.75.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 44.56 | 44.75 | 44.95 | 45.14 | 45.34 | 45.53 | 45.73 |
| Fibonacci | 44.75 | 44.9 | 44.99 | 45.14 | 45.29 | 45.38 | 45.53 |
2026-05-22
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 56.14 |
| Stochastic Oscillator | 81.16 |
| Stochastic RSI | 71.38 |
| Commodity Channel Index (CCI) | 137.38 |
| Awesome Oscillator | 0.08 |
| Momentum | 0.04 |
| MACD | 0.04 |
2026-05-22
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 45.17 | Buy |
| 10-Day | 45.14 | Buy |
| 20-Day | 45.1 | Buy |
| 60-Day | 45 | Buy |
| 200-Day | 44.51 | Buy |
| 250-Day | 44.05 | Buy |