Proshares Ultrashort Msci Brazil Capped Proshares Ultrashort Msci Brazil Capped ETF Forecast

Buy or Hold candidate since Jun 17, 2026 Loss -1.80%

The PROSHARES ULTRASHORT MSCI BRAZIL CAPPED ETF price fell by -3.55% on the last day (Monday, 22nd Jun 2026) from $24.62 to $23.75. During the last trading day the ETF fluctuated 1.23% from a day low at $23.57 to a day high of $23.86. The price has risen in 6 of the last 10 days but is still down by -3.9% for this period. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -4 thousand shares and in total, 11 thousand shares were bought and sold for approximately $265.30 thousand.

The ETF lies in the upper part of a very wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $25.74 will firstly indicate a stronger rate of rising. Given the current short-term trend, the ETF is expected to rise 22.94% during the next 3 months and, with a 90% probability hold a price between $14.29 and $31.64 at the end of this 3-month period.

BZQ Signals & Forecast

The PROSHARES ULTRASHORT MSCI BRAZIL CAPPED ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the ETF. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $23.68 and $20.10. A breakdown below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, June 08, 2026, and so far it has fallen -5.17%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this ETF may have low liquidity in periods, which increases the general risk.

Support, Risk & Stop-loss for PROSHARES ULTRASHORT MSCI BRAZIL CAPPED ETF

On the downside, the ETF finds support just below today's level from accumulated volume at $21.06 and $19.06. There is a natural risk involved when a ETF is testing a support level, since if this is broken, the ETF then may fall to the next support level. In this case, PROSHARES ULTRASHORT MSCI BRAZIL CAPPED finds support just below today's level at $21.06. If this is broken, then the next support from accumulated volume will be at $19.06 and $18.22.

This ETF has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the ETF moved $0.290 between high and low, or 1.23%. For the last week the ETF has had daily average volatility of 3.47%.

Our recommended stop-loss: $22.57 (-4.96%) (This ETF has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 9 days ago.)

Trading Expectations (BZQ) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect PROSHARES ULTRASHORT MSCI BRAZIL CAPPED PROSHARES ULTRASHORT MSCI BRAZIL CAPPED to open at $23.73, and during the day (based on 14 day Average True Range), to move between $23.23 and $24.26, which gives a possible trading interval of +/-$1.03 (+/-4.43%) up or down from last closing price. If PROSHARES ULTRASHORT MSCI BRAZIL CAPPED PROSHARES ULTRASHORT MSCI BRAZIL CAPPED takes out the full calculated possible swing range there will be an estimated 4.43% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $24.62 (3.68%) than the support at $21.06 (11.31%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is PROSHARES ULTRASHORT MSCI BRAZIL CAPPED PROSHARES ULTRASHORT MSCI BRAZIL CAPPED ETF A Buy?

PROSHARES ULTRASHORT MSCI BRAZIL CAPPED holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Hold candidate.

Current score: 0.713 Hold/Accumulate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on June 23, 2026 - $23.73 ( 0.0842%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*
*Your capital is at risk