Proshares Short Midcap400 ETF Forecast

Sell candidate since Jul 09, 2026 Gain 0.66%

The ProShares Short MidCap400 ETF price gained 0.659% on the last trading day (Friday, 10th Jul 2026), rising from $15.17 to $15.27. During the last trading day the ETF fluctuated 0.756% from a day low at $15.22 to a day high of $15.33. The price has risen in 7 of the last 10 days and is up by 1.23% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 4 thousand more shares were traded than the day before. In total, 5 thousand shares were bought and sold for approximately $72.59 thousand.

The ETF lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the ETF is expected to fall -6.22% during the next 3 months and, with a 90% probability hold a price between $13.86 and $14.69 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.

MYY Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, June 30, 2026, and so far it has risen 2.11%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). ProShares Short MidCap400 has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. The ProShares Short MidCap400 ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the ETF. On further gains, the ETF will meet resistance from the long-term Moving Average at $15.42. On a fall, the ETF will find some support from the short-term average at $15.22. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for ProShares Short MidCap400 ETF

ProShares Short MidCap400 finds support from accumulated volume at $15.20 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this ETF. During the last day, the ETF moved $0.115 between high and low, or 0.756%. For the last week the ETF has had daily average volatility of 0.577%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (MYY) For The Upcoming Trading Day Of Monday 13th

For the upcoming trading day on Monday, 13th we expect ProShares Short MidCap400 to open at $15.27, and during the day (based on 14 day Average True Range), to move between $15.18 and $15.36, which gives a possible trading interval of +/-$0.188 (+/-1.24%) up or down from last closing price. If ProShares Short MidCap400 takes out the full calculated possible swing range there will be an estimated 1.24% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $15.30 (0.20%) than the support at $15.20 (0.46%), 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 Short MidCap400 ETF A Buy?

ProShares Short MidCap400 holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF.

Current score: -1.516 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on July 13, 2026 - $15.27 ( 0.0109%).

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