Proshares Ultrashort Technology Proshares Ultrashort Technology ETF Forecast

Sell candidate since Jun 11, 2026 Loss -9.87%

The PROSHARES ULTRASHORT TECHNOLOGY ETF price fell by -0.696% on the last day (Monday, 22nd Jun 2026) from $11.49 to $11.41. During the last trading day the ETF fluctuated 3.32% from a day low at $11.14 to a day high of $11.51. The price has fallen in 6 of the last 10 days and is down by -13.5% 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 -2 thousand shares and in total, 15 thousand shares were bought and sold for approximately $174.70 thousand.

The ETFhas broken the very wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is $9.09, a level that may pose a second chance to hit a runner. According to fan-theory $17.62 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

REW Signals & Forecast

There are few to no technical positive signals at the moment. The PROSHARES ULTRASHORT TECHNOLOGY ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the ETF. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $11.99 and $12.10. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, May 19, 2026, and so far it has fallen -21.63%. 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 TECHNOLOGY ETF

PROSHARES ULTRASHORT TECHNOLOGY finds support from accumulated volume at $11.34 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 periodic low trading volume this ETF is considered to be "high risk". During the last day, the ETF moved $0.370 between high and low, or 3.32%. For the last week the ETF has had daily average volatility of 3.53%.

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

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

For the upcoming trading day on Tuesday, 23rd we expect PROSHARES ULTRASHORT TECHNOLOGY PROSHARES ULTRASHORT TECHNOLOGY to open at $11.35, and during the day (based on 14 day Average True Range), to move between $10.97 and $11.85, which gives a possible trading interval of +/-$0.88 (+/-8.04%) up or down from last closing price. If PROSHARES ULTRASHORT TECHNOLOGY PROSHARES ULTRASHORT TECHNOLOGY takes out the full calculated possible swing range there will be an estimated 8.04% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $11.34 (0.61%) than the resistance at $12.70 (11.31%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is PROSHARES ULTRASHORT TECHNOLOGY PROSHARES ULTRASHORT TECHNOLOGY ETF A Buy?

PROSHARES ULTRASHORT TECHNOLOGY holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF.

Current score: -5.203 Strong Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 23, 2026 - $11.35 ( 0.496%).

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