Proshares Ultrashort Midcap400 ETF Forecast

Hold candidate since Nov 17, 2025

The ProShares UltraShort MidCap400 ETF price gained 3.56% on the last trading day (Monday, 17th Nov 2025), rising from $8.57 to $8.88. 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 3.73% from a day low at $8.58 to a day high of $8.90. The price has risen in 5 of the last 10 days and is up by 6.17% 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, 2 thousand more shares were traded than the day before. In total, 5 thousand shares were bought and sold for approximately $45.82 thousand.

The ETF has broken the horizontal trend up. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately. $8.74 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 $9.49 sometime during the next 3 months.

MZZ Signals & Forecast

The ProShares UltraShort 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 $8.44 and $8.32. 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 10.88%. 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 UltraShort 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.

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

On the downside, the ETF finds support just below today's level from accumulated volume at $8.38 and $8.26. 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 MidCap400 finds support just below today's level at $8.38. If this is broken, then the next support from accumulated volume will be at $8.26 and $8.15.

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 $0.320 between high and low, or 3.73%. For the last week the ETF has had daily average volatility of 2.37%.

Our recommended stop-loss: $8.47 (-4.53%) (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 (MZZ) For The Upcoming Trading Day Of Tuesday 18th

For the upcoming trading day on Tuesday, 18th we expect ProShares UltraShort MidCap400 to open at $8.79, and during the day (based on 14 day Average True Range), to move between $8.77 and $8.99, which gives a possible trading interval of +/-$0.219 (+/-2.50%) up or down from last closing price. If ProShares UltraShort MidCap400 takes out the full calculated possible swing range there will be an estimated 2.50% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $8.38, some $0.501 (5.64%) from the current price of $8.88, our system finds the risk reward attractive.

Is ProShares UltraShort MidCap400 ETF A Buy?

ProShares UltraShort MidCap400 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. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Hold candidate.

Current score: 0.000 Hold/Accumulate Upgraded

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Fair Opening Price

Predicted fair opening price on November 18, 2025 - $8.79 ( 1.02%).

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