Proshares Ultrashort Consumer Goods ETF Forecast

Sell candidate since Jul 07, 2026 Gain 1.89%

The ProShares UltraShort Consumer Goods ETF price fell by -2.00% on the last day (Friday, 10th Jul 2026) from $21.98 to $21.54. During the last trading day the ETF fluctuated 0.277% from a day low at $21.54 to a day high of $21.60. The price has been going up and down for this period, and there has been a -0.19% loss for the last 2 weeks. 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 -113 shares and in total, 537 shares were bought and sold for approximately $11.57 thousand.

The ETF lies in the upper part of a very wide and weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $23.38 will firstly indicate a stronger rate of rising. Given the current short-term trend, the ETF is expected to rise 2.88% during the next 3 months and, with a 90% probability hold a price between $11.42 and $24.05 at the end of this 3-month period.

SZK Signals & Forecast

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. The ProShares UltraShort Consumer Goods ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the ETF. On further gains, the ETF will meet resistance from the long-term Moving Average at $21.83. On a fall, the ETF will find some support from the short-term average at $21.51. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Tuesday, June 02, 2026, and so far it has fallen -6.75%. 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 Consumer Goods ETF

ProShares UltraShort Consumer Goods finds support from accumulated volume at $21.22 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 $0.0596 between high and low, or 0.277%. For the last week the ETF has had daily average volatility of 1.41%.

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

Trading Expectations (SZK) For The Upcoming Trading Day Of Monday 13th

For the upcoming trading day on Monday, 13th we expect ProShares UltraShort Consumer Goods to open at $21.56, and during the day (based on 14 day Average True Range), to move between $21.25 and $21.83, which gives a possible trading interval of +/-$0.589 (+/-2.77%) up or down from last closing price. If ProShares UltraShort Consumer Goods takes out the full calculated possible swing range there will be an estimated 2.77% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $21.58 (0.19%) than the support at $21.22 (1.47%), 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 UltraShort Consumer Goods ETF A Buy?

ProShares UltraShort Consumer Goods 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: -4.388 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on July 13, 2026 - $21.56 ( 0.0922%).

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