Proshares Ultra Msci Brazil Capped Proshares Ultra Msci Brazil Capped ETF Forecast

Buy or Hold candidate since Jul 09, 2026 Gain 1.69%

The PROSHARES ULTRA MSCI BRAZIL CAPPED ETF price fell by -2.93% on the last day (Monday, 13th Jul 2026) from $31.79 to $30.86. During the last trading day the ETF fluctuated 3.43% from a day low at $30.80 to a day high of $31.86. The price has fallen in 7 of the last 10 days but is still up by 2.93% over the past 2 weeks. Volume has increased on the last day by 2 thousand 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, 4 thousand shares were bought and sold for approximately $112.76 thousand.

The ETF lies the upper part of a very wide and falling 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 $31.55 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the ETF is expected to fall -31.48% during the next 3 months and, with a 90% probability hold a price between $15.68 and $21.62 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.

UBR Signals & Forecast

The PROSHARES ULTRA MSCI BRAZIL CAPPED 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 $30.09 and $30.11. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, June 09, 2026, and so far it has risen 9.80%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. PROSHARES ULTRA MSCI BRAZIL CAPPED 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".

Support, Risk & Stop-loss for PROSHARES ULTRA MSCI BRAZIL CAPPED ETF

PROSHARES ULTRA MSCI BRAZIL CAPPED finds support from accumulated volume at $29.46 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the ETF moved $1.06 between high and low, or 3.43%. For the last week, the ETF has had daily average volatility of 1.82%.

Our recommended stop-loss: $29.49 (-4.43%) (This ETF has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 22 days ago.)

Trading Expectations (UBR) For The Upcoming Trading Day Of Tuesday 14th

For the upcoming trading day on Tuesday, 14th we expect PROSHARES ULTRA MSCI BRAZIL CAPPED PROSHARES ULTRA MSCI BRAZIL CAPPED to open at $31.17, and during the day (based on 14 day Average True Range), to move between $30.36 and $31.36, which gives a possible trading interval of +/-$0.99 (+/-3.27%) up or down from last closing price. If PROSHARES ULTRA MSCI BRAZIL CAPPED PROSHARES ULTRA MSCI BRAZIL CAPPED takes out the full calculated possible swing range there will be an estimated 3.27% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $31.78 (2.98%) than the support at $29.46 (4.55%), 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 MSCI BRAZIL CAPPED PROSHARES ULTRA MSCI BRAZIL CAPPED ETF A Buy?

PROSHARES ULTRA MSCI BRAZIL CAPPED holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Hold candidate.

Current score: 0.927 Hold/Accumulate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on July 14, 2026 - $31.17 ( 1.01%).

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