Logo image of MGRO

VANECK MRNGSTR WD MOAT G ETF (MGRO) Stock Technical Analysis

NYSEARCA:MGRO - NYSE Arca - US92189H6808 - ETF - Currency: USD

26.9538  +0.45 (+1.68%)

Technical Rating and Analysis

0

Taking everything into account, MGRO scores 0 out of 10 in our technical rating. MGRO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
66% of all other stocks performed better in the past year than MGRO.
MGRO is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Warning: MGRO has an average volume of 188 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month MGRO has a been trading in the 24.73 - 28.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
VANECK MRNGSTR WD MOAT G ETF / MGRO Weekly stock chart
VANECK MRNGSTR WD MOAT G ETF / MGRO Daily stock chart
Setup Rating and Analysis

6

MGRO has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.

Support and Resistance Analysis

26.68

32.90

We can see 6 important resistance areas.

  • Resistance @27.50 from a trend line in the daily time frame.
  • Resistance @29.22 from a horizontal line in the daily time frame.
  • Resistance @29.80 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 30.47 to 30.63. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @31.70 from a horizontal line in the daily time frame.
  • Resistance @32.57 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.38
Mansfield-0.43
10 Day High27.15
10 Day Low24.99
20 Day High28.91
20 Day Low24.73
52 Week High32.57
52 Week Low24.73
Performance
1 Week0.43%
2 Weeks8.98%
1 Month-7.76%
3 Month-15.07%
6 Month-12.17%
12 Month-6.47%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.1
RSI(14)47.3
LBB24.88
UBB27.68
VANECK MRNGSTR WD MOAT G ETF / MGRO Daily stock chart

VANECK MRNGSTR WD MOAT G ETF

NYSEARCA:MGRO (4/23/2025, 8:21:59 PM)

26.9538

+0.45 (+1.68%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.68%
1 Week0.43%
2 Weeks8.98%
1 Month-7.76%
3 Month-15.07%
6 Month-12.17%
12 Month-6.47%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.75
ATR(20)%2.18%
ATR Inc-14.07%
Range Today0
ADR(20)0.13
ADR(20)%0.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.38
Mansfield-0.43
10 Day High27.15
10 Day Low24.99
20 Day High28.91
20 Day Low24.73
52 Week High32.57
52 Week Low24.73
CS1 EndN/A
CR1 Start27.5
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-28.57%
Vol(5)100
Vol(50)188