Proshares Ultrashort Industrials ETF Forecast

Sell candidate since Jun 02, 2026

The ProShares UltraShort Industrials ETF price fell by -1.22% on the last day (Tuesday, 2nd Jun 2026) from $18.09 to $17.87. During the last trading day the ETF fluctuated 5.21% from a day low at $17.86 to a day high of $18.79. The price has fallen in 5 of the last 10 days and is down by -3.09% for this period. Volume has increased on the last day by 357 shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 3 thousand shares were bought and sold for approximately $50.77 thousand.

The ETF lies in the middle of a wide and 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 -9.78% during the next 3 months and, with a 90% probability hold a price between $14.93 and $18.57 at the end of this 3-month period.

SIJ Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, May 06, 2026, and so far it has risen 4.02%. 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. The ProShares UltraShort Industrials 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 $18.06. On a fall, the ETF will find some support from the short-term average at $17.84. 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. ProShares UltraShort Industrials gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.

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

ProShares UltraShort Industrials finds support from accumulated volume at $17.82 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the ETF moved $0.93 (5.21%) between high and low. For the last week, the ETF has had daily average volatility of 2.07%.

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

Trading Expectations (SIJ) For The Upcoming Trading Day Of Wednesday 3rd

For the upcoming trading day on Wednesday, 3rd we expect ProShares UltraShort Industrials to open at $18.17, and during the day (based on 14 day Average True Range), to move between $17.62 and $18.12, which gives a possible trading interval of +/-$0.495 (+/-2.81%) up or down from last closing price. If ProShares UltraShort Industrials takes out the full calculated possible swing range there will be an estimated 2.81% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $17.82 (0.28%) than the resistance at $18.56 (3.86%), 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 UltraShort Industrials ETF A Buy?

ProShares UltraShort Industrials 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: -4.668 Sell Candidate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on June 3, 2026 - $18.17 ( 1.70%).

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