Proshares Short High Yield ETF Forecast

Hold candidate since May 29, 2026 Gain 0.26%

The Proshares Short High Yield ETF price gained 0.196% on the last trading day (Wednesday, 3rd Jun 2026), rising from $15.30 to $15.33. During the last trading day the ETF fluctuated 0.163% from a day low at $15.32 to a day high of $15.35. The price has fallen in 5 of the last 10 days and is down by -0.84% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 32 thousand more shares were traded than the day before. In total, 106 thousand shares were bought and sold for approximately $1.62 million.

The ETF is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Proshares Short High Yield ETF with a 90% probability to be traded between $14.93 and $15.31 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and ETFS seldom manage to go directly from the bottom of a trend up to the top. ETFS turning up in the middle of a horizontal trend are therefore considered to be potential runners. Do note, that if the ETF price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

SJB Signals & Forecast

The Proshares Short High Yield 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 $15.31 and $15.32. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, April 17, 2026, and so far it has risen 0.525%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The ETF had a Golden Star Signal on Friday, May 08, 2026 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.

Support, Risk & Stop-loss for Proshares Short High Yield ETF

Proshares Short High Yield finds support from accumulated volume at $15.31 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 with good liquidity the risk is considered very low in this ETF. During the last day, the ETF moved $0.0250 between high and low, or 0.163%. For the last week the ETF has had daily average volatility of 0.218%.

Our recommended stop-loss: $14.42 (-5.93%) (This ETF has very low daily movements and this gives very low risk. There is a buy signal from a pivot bottom found 32 days ago.)

Trading Expectations (SJB) For The Upcoming Trading Day Of Thursday 4th

For the upcoming trading day on Thursday, 4th we expect Proshares Short High Yield to open at $15.33, and during the day (based on 14 day Average True Range), to move between $15.30 and $15.36, which gives a possible trading interval of +/-$0.0537 (+/-0.35%) up or down from last closing price. If Proshares Short High Yield takes out the full calculated possible swing range there will be an estimated 0.35% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $15.31 (0.13%) than the resistance at $15.46 (0.85%), 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 High Yield ETF A Buy?

Proshares Short High Yield 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.

Current score: 0.253 Hold/Accumulate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 4, 2026 - $15.33 ( 0.0109%).

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