Proshares Short S&p500 ETF Forecast

Sell candidate since Jun 26, 2026

The ProShares Short S&P500 ETF price gained 0.566% on the last trading day (Friday, 26th Jun 2026), rising from $33.59 to $33.78. During the last trading day the ETF fluctuated 1.27% from a day low at $33.45 to a day high of $33.88. The price has risen in 5 of the last 10 days and is up by 0.12% over the past 2 weeks. Volume fell on the last day by -19 million shares and in total, 0 shares were bought and sold for approximately $0 . 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 ETFhas broken the 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 $33.66, a level that may pose a second chance to hit a runner. According to fan-theory $36.20 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

SH Signals & Forecast

The ProShares Short S&P500 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 $33.59 and $33.42. 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 Tuesday, June 23, 2026, and so far it has fallen -0.266%. Further fall is indicated until a new bottom pivot has been found. 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 S&P500 ETF

ProShares Short S&P500 finds support from accumulated volume at $33.77 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 $0.424 between high and low, or 1.27%. For the last week the ETF has had daily average volatility of 1.15%

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

Trading Expectations (SH) For The Upcoming Trading Day Of Monday 29th

For the upcoming trading day on Monday, 29th we expect ProShares Short S&P500 to open at $33.70, and during the day (based on 14 day Average True Range), to move between $33.56 and $34.00, which gives a possible trading interval of +/-$0.450 (+/-1.34%) up or down from last closing price. If ProShares Short S&P500 takes out the full calculated possible swing range there will be an estimated 1.34% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $33.77 (0.03%) than the resistance at $37.45 (10.86%), 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 Short S&P500 ETF A Buy?

ProShares Short S&P500 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Sell candidate.

Current score: -2.113 Sell Candidate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on June 29, 2026 - $33.70 ( 0.231%).

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