Proshares Short Midcap400 ETF Forecast

Buy candidate since Nov 17, 2025

The ProShares Short MidCap400 ETF price gained 1.88% on the last trading day (Monday, 17th Nov 2025), rising from $18.22 to $18.56. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the ETF fluctuated 1.87% from a day low at $18.22 to a day high of $18.56. The price has risen in 6 of the last 10 days and is up by 3.18% over the past 2 weeks. Volume fell on the last day by -14 thousand shares and in total, 4 thousand shares were bought and sold for approximately $79.96 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The ETF has broken the narrow and horizontal trend up. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately. $18.35 is considered to be a "second chance" to hit a potential runner. It is, however, important that volume does follow the price as false breaks may appear and it may move back into the horizontal trend. Based on the rectangle-formation theory the ETF is predicted to reach $19.14 sometime during the next 3 months.

MYY Signals & Forecast

The ProShares Short MidCap400 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 $18.08 and $17.93. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, October 27, 2025, and so far it has risen 5.51%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.

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

ProShares Short MidCap400 finds support from accumulated volume at $18.00 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the ETF During the last day, the ETF moved $0.340 between high and low, or 1.87%. For the last week the ETF has had daily average volatility of 1.17%

Our recommended stop-loss: $17.72 (-4.55%) (This ETF has very low daily movements and this gives very low risk. There is a buy signal from a pivot bottom found 15 days ago.)

Trading Expectations (MYY) For The Upcoming Trading Day Of Tuesday 18th

For the upcoming trading day on Tuesday, 18th we expect ProShares Short MidCap400 to open at $18.45, and during the day (based on 14 day Average True Range), to move between $18.45 and $18.67, which gives a possible trading interval of +/-$0.222 (+/-1.20%) up or down from last closing price. If ProShares Short MidCap400 takes out the full calculated possible swing range there will be an estimated 1.20% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $18.00, some $0.559 (3.01%) from the current price of $18.56, our system finds the risk reward attractive.

Is ProShares Short MidCap400 ETF A Buy?

Several short-term signals are positive and the ETF has broken the horizontal trend up, which indicates an even stronger rate of rising. We conclude that the current level may hold a buying opportunity as there is a fair chance for ProShares Short MidCap400 ETF to perform well in the short-term period. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Buy candidate.

Current score: 1.990 Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on November 18, 2025 - $18.45 ( 0.611%).

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