Proshares Ultrashort 20+ Year Treasury ETF Forecast

Buy or Hold candidate since Jul 10, 2026 Gain 5.89%

The ProShares UltraShort 20+ Year Treasury ETF price gained 1.34% on the last trading day (Friday, 31st Jul 2026), rising from $37.94 to $38.45. During the last trading day the ETF fluctuated 1.25% from a day low at $38.32 to a day high of $38.80. The price has risen in 6 of the last 10 days and is up by 5.84% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 174 thousand more shares were traded than the day before. In total, 387 thousand shares were bought and sold for approximately $14.88 million.

The ETF lies in the upper part of a 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 $38.75 will firstly indicate a stronger rate of rising. Given the current short-term trend, the ETF is expected to rise 2.12% during the next 3 months and, with a 90% probability hold a price between $35.14 and $39.57 at the end of this 3-month period.

TBT Signals & Forecast

The ProShares UltraShort 20+ Year Treasury 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 $37.59 and $36.07. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, June 24, 2026, and so far it has risen 12.86%. 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).

Support, Risk & Stop-loss for ProShares UltraShort 20+ Year Treasury ETF

ProShares UltraShort 20+ Year Treasury finds support from accumulated volume at $37.50 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 $0.480 between high and low, or 1.25%. For the last week the ETF has had daily average volatility of 1.63%.

Our recommended stop-loss: $36.87 (-4.10%) (This ETF has very low daily movements and this gives very low risk. There is a buy signal from a pivot bottom found 26 days ago.)

Trading Expectations (TBT) For The Upcoming Trading Day Of Monday 3rd

For the upcoming trading day on Monday, 3rd we expect ProShares UltraShort 20+ Year Treasury to open at $38.52, and during the day (based on 14 day Average True Range), to move between $38.16 and $38.74, which gives a possible trading interval of +/-$0.573 (+/-1.50%) up or down from last closing price. If ProShares UltraShort 20+ Year Treasury takes out the full calculated possible swing range there will be an estimated 1.50% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $37.50, some $0.95 (2.47%) from the current price of $38.45, our system finds the risk reward attractive.

Is ProShares UltraShort 20+ Year Treasury ETF A Buy?

ProShares UltraShort 20+ Year Treasury holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 5.978 Strong Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on August 3, 2026 - $38.52 ( 0.191%).

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