- Lower volatility than the market (beta -1.63)
- Trading above its 200-day moving average
- Bullish long-term trend in place
PROSHARES ULTRASHORT FINANCIALS ETF upgraded to Buy Candidate
(Updated on Jun 03, 2026)
The PROSHARES ULTRASHORT FINANCIALS ETF price gained 2.25% on the last trading day (Wednesday, 3rd Jun 2026), rising from $28.63 to $29.28. During the last trading day the ETF fluctuated 1.91% from a day low at $29.12 to a day high of $29.67. The price has been going up and down for this period, and there has been a 1.26% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 12 thousand more shares were traded than the day before. In total, 18 thousand shares were bought and sold for approximately $519.51 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 -9.54% during the next 3 months and, with a 90% probability hold a price between $23.14 and $27.65 at the end of this 3-month period. 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.
SKF Signals & Forecast
The PROSHARES ULTRASHORT FINANCIALS 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 $28.66 and $28.28. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, April 20, 2026, and so far it has risen 7.75%. Further rise is indicated until a new top pivot has been found. PROSHARES ULTRASHORT FINANCIALS has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. 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).
Support, Risk & Stop-loss for PROSHARES ULTRASHORT FINANCIALS ETF
PROSHARES ULTRASHORT FINANCIALS finds support from accumulated volume at $28.66 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 $0.556 between high and low, or 1.91%. For the last week the ETF has had daily average volatility of 1.54%.
Our recommended stop-loss: $28.04 (-4.24%) (This ETF has very low daily movements and this gives very low risk. There is a buy signal from a pivot bottom found 31 days ago.)
Trading Expectations (SKF) For The Upcoming Trading Day Of Thursday 4th
For the upcoming trading day on Thursday, 4th we expect PROSHARES ULTRASHORT FINANCIALS PROSHARES ULTRASHORT FINANCIALS to open at $29.35, and during the day (based on 14 day Average True Range), to move between $28.96 and $29.59, which gives a possible trading interval of +/-$0.638 (+/-2.20%) up or down from last closing price. If PROSHARES ULTRASHORT FINANCIALS PROSHARES ULTRASHORT FINANCIALS takes out the full calculated possible swing range there will be an estimated 2.20% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $28.66 (2.10%) than the resistance at $30.82 (5.28%), 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 FINANCIALS PROSHARES ULTRASHORT FINANCIALS ETF A Buy?
Several short-term signals are positive, despite the ETF being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for ETF to perform well in the short-term. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Hold to a Buy candidate.
Current score:
2.647
Buy Candidate
Upgraded
Predicted Fair Opening Price
Predicted fair opening price on June 4, 2026 - $29.35 ( 0.268%).
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SKF Performance
Trading levels for SKF
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 29.91 | 2.17% |
| R2 | 29.70 | 1.44% |
| R1 | 29.57 | 0.99% |
| Price | 29.28 | |
| S1 | 29.14 | -0.457% |
| S2 | 29.01 | -0.90% |
| S3 | 28.80 | -1.63% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 31.99 | 9.27% |
| R2 | 31.98 | 9.24% |
| R1 | 30.82 | 5.28% |
| Price | 29.28 | |
| S1 | 28.66 | -2.10% |
| S2 | 28.25 | -3.50% |
| S3 | 27.54 | -5.93% |
SKF Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 25, 2026 | Mar 25, 2026 | Mar 31, 2026 | $0.132 | 0.427% |
| 2 | Dec 24, 2025 | Dec 24, 2025 | Dec 31, 2025 | $0.353 | 1.44% |
| 3 | Sep 24, 2025 | Sep 24, 2025 | Sep 30, 2025 | $0.350 | 1.30% |
| 4 | Jun 25, 2025 | Jun 25, 2025 | Jul 01, 2025 | $0.362 | 1.30% |
| 5 | Jan 21, 2025 | Mar 26, 2025 | Apr 01, 2025 | $0.361 | 1.10% |
FAQ
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