Proshares Ultrashort Bloomberg Natural Gas (kold) ETF Forecast

Buy or Hold candidate since Jul 08, 2026 Gain 19.64%

The ProShares UltraShort Bloomberg Natural ETF price fell by -1.88% on the last day (Tuesday, 21st Jul 2026) from $28.25 to $27.72. During the last trading day the ETF fluctuated 3.36% from a day low at $27.40 to a day high of $28.32. The price has risen in 6 of the last 10 days and is up by 22.11% over the past 2 weeks. 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 -77 thousand shares and in total, 2 million shares were bought and sold for approximately $46.50 million.

The ETF lies the upper part of a very wide and falling 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 $28.24 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the ETF is expected to fall -2.97% during the next 3 months and, with a 90% probability hold a price between $19.62 and $27.40 at the end of this 3-month period. Do note, that if the ETF price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

KOLD Signals & Forecast

The ProShares UltraShort Bloomberg Natural 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 $27.60 and $23.97. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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, July 20, 2026, and so far it has fallen -1.88%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for ProShares UltraShort Bloomberg Natural ETF

ProShares UltraShort Bloomberg Natural finds support from accumulated volume at $26.59 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this ETF is considered to be "high risk". During the last day, the ETF moved $0.92 between high and low, or 3.36%. For the last week, the ETF has had daily average volatility of 5.09%.

Our recommended stop-loss: $26.55 (-4.23%) (This ETF has high daily movements and this gives high risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (KOLD) For The Upcoming Trading Day Of Wednesday 22nd

For the upcoming trading day on Wednesday, 22nd we expect ProShares UltraShort Bloomberg Natural Gas (KOLD) to open at $27.81, and during the day (based on 14 day Average True Range), to move between $27.00 and $28.44, which gives a possible trading interval of +/-$1.43 (+/-5.31%) up or down from last closing price. If ProShares UltraShort Bloomberg Natural Gas (KOLD) takes out the full calculated possible swing range there will be an estimated 5.31% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $27.98 (0.94%) than the support at $26.59 (4.08%), 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 Bloomberg Natural Gas (KOLD) ETF A Buy?

Several short-term signals are positive, despite the ETF being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for ETF to perform well in the short-term.

Current score: 2.269 Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on July 22, 2026 - $27.81 ( 0.337%).

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