Proshares Short High Yield ETF Forecast

Buy candidate since Jun 23, 2026

The Proshares Short High Yield ETF price gained 0.131% on the last trading day (Tuesday, 23rd Jun 2026), rising from $15.32 to $15.34. During the last trading day the ETF fluctuated 0.163% from a day low at $15.32 to a day high of $15.34. The price has fallen in 5 of the last 10 days and is down by -0.26% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 59 thousand more shares were traded than the day before. In total, 136 thousand shares were bought and sold for approximately $2.09 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 $15.01 and $15.41 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.

SJB Signals & Forecast

Mostly positive signals in the chart today. 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 $15.34. 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 0.590%. 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). Volume is rising along with the price. This is considered to be a good technical signal. The ETF had a Golden Star Signal on Thursday, June 18, 2026 for the short-term and also have Golden Star Signal for the medium-term dated Friday, May 08, 2026.

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 0.242%.

Our recommended stop-loss: $14.09 (-8.16%) (This ETF has very low daily movements and this gives very low risk. There is a buy signal from a pivot bottom found 45 days ago.)

Trading Expectations (SJB) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th 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 $15.31 and $15.37, which gives a possible trading interval of +/-$0.0541 (+/-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 (0.20%) than the resistance at $15.46 (0.78%), 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?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Proshares Short High Yield ETF to perform well in the short-term period. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Buy candidate.

Current score: 2.384 Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on June 24, 2026 - $15.33 ( 0.0543%).

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