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Updated: 2026-03-17 00:37 UTC · Last close: 591.50 (-2.23%)

MGROS.IS technical analysis page covering price structure, support and resistance, momentum conditions and a fundamentals snapshot from WOI Scanner.

MGROS.IS closed at 591.50 (-2.23%). Price is trading below the 50-day average but still above the 200-day average, which points to medium-term softness inside a still constructive longer-term structure. 20-day momentum is notably weak at -14.89%, with price remains inside its roughly 52-week range (422.00–695.00), while ATR14 volatility is elevated at roughly 4.65% of price. RSI(14) is 37.5, leaving momentum in a fairly neutral range. RSI has been drifting lower recently, suggesting that upside momentum may be cooling slightly. MACD remains below its signal line, which shows that momentum confirmation is still limited. The MACD histogram remains negative, suggesting momentum is still on the softer side. Recent trading volume is running below its typical 20-day average, which suggests participation remains relatively muted. From a pattern perspective, the main active signal is Cup & handle. The nearest decision zone is framed by support at 550.68 and resistance at 616.35. A move through resistance would improve the short-term technical tone, while a loss of support would weaken the current structure. The interactive view adds overlays, pattern context and broader chart structure for deeper review.

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Note: This is an algorithmic technical snapshot (not financial advice).

MGROS.IS Chart