Proshares Ultrashort Industrials ETF Forecast

Sell candidate since Jul 28, 2026 Gain 2.59%

The ProShares UltraShort Industrials ETF price fell by -1.59% on the last day (Friday, 31st Jul 2026) from $16.68 to $16.41. During the last trading day the ETF fluctuated 2.63% from a day low at $16.32 to a day high of $16.75. The price has fallen in 7 of the last 10 days and is down by -0.96% 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 -5 thousand shares and in total, 285 shares were bought and sold for approximately $4.68 thousand.

The ETF lies in the middle of a very wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 7.82% during the next 3 months and, with a 90% probability hold a price between $10.94 and $21.71 at the end of this 3-month period.

SIJ Signals & Forecast

The ProShares UltraShort Industrials ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the ETF, but the ETF has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $16.29 and $16.34. 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, May 19, 2026, and so far it has fallen -13.36%. Further fall is indicated until a new bottom pivot has been found. 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. 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 $16.10 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 controlled movements and therefore the general risk is considered 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 $0.430 between high and low, or 2.63%. For the last week the ETF has had daily average volatility of 2.33%.

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 Monday 3rd

For the upcoming trading day on Monday, 3rd we expect ProShares UltraShort Industrials to open at $16.49, and during the day (based on 14 day Average True Range), to move between $16.16 and $16.66, which gives a possible trading interval of +/-$0.507 (+/-3.14%) up or down from last closing price. If ProShares UltraShort Industrials takes out the full calculated possible swing range there will be an estimated 3.14% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $16.10 (1.89%) than the resistance at $17.41 (6.09%), 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.

Current score: -3.211 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on August 3, 2026 - $16.49 ( 0.508%).

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