Proshares Ultra Cloud Computing ETF Forecast

Sell candidate since Jun 22, 2026

The ProShares Ultra Cloud Computing ETF price fell by -3.56% on the last day (Monday, 22nd Jun 2026) from $34.83 to $33.59. It has now fallen 4 days in a row. During the last trading day the ETF fluctuated 3.93% from a day low at $33.59 to a day high of $34.91. The price has fallen in 7 of the last 10 days and is down by -15.84% for this period. Volume has increased on the last day by 690 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, 1 thousand shares were bought and sold for approximately $39.23 thousand.

Given the current short-term trend, the ETF is expected to rise 47.98% during the next 3 months and, with a 90% probability hold a price between $49.70 and $77.81 at the end of this 3-month period.

SKYU Signals & Forecast

There are few to no technical positive signals at the moment. The ProShares Ultra Cloud Computing ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the ETF. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $35.62 and $36.55. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, June 01, 2026, and so far it has fallen -31.07%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). ProShares Ultra Cloud Computing 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 Ultra Cloud Computing ETF

On the downside, the ETF finds support just below today's level from accumulated volume at $28.26 and $28.19. There is a natural risk involved when a ETF is testing a support level, since if this is broken, the ETF then may fall to the next support level. In this case, ProShares Ultra Cloud Computing finds support just below today's level at $28.26. If this is broken, then the next support from accumulated volume will be at $28.19 and $25.84.

This ETF may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this ETF is considered to be "high risk". During the last day, the ETF moved $1.32 between high and low, or 3.93%. For the last week, the ETF has had daily average volatility of 2.83%.

ProShares Ultra Cloud Computing is oversold on RSI14 (10). Some ETFs may fall long and hard while being oversold on RSI, but ETFs that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.

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

Trading Expectations (SKYU) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect ProShares Ultra Cloud Computing to open at $34.03, and during the day (based on 14 day Average True Range), to move between $32.73 and $34.45, which gives a possible trading interval of +/-$1.71 (+/-5.23%) up or down from last closing price. If ProShares Ultra Cloud Computing takes out the full calculated possible swing range there will be an estimated 5.23% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $35.96 (7.06%) than the support at $28.26 (15.87%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is ProShares Ultra Cloud Computing ETF A Buy?

The ProShares Ultra Cloud Computing ETF holds several negative signals and despite the positive trend, we believe ProShares Ultra Cloud Computing will perform weakly in the next couple of days or weeks. Therefore, we 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 Hold to a Sell candidate.

Current score: -1.385 Sell Candidate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on June 23, 2026 - $34.03 ( 1.31%).

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