Proshares Ultra Utilities Proshares Ultra Utilities ETF Forecast

Sell candidate since Jul 31, 2026

The PROSHARES ULTRA UTILITIES PROSHARES ETF price fell by -1.24% on the last day (Friday, 31st Jul 2026) from $23.06 to $22.78. It has now fallen 5 days in a row. During the last trading day the ETF fluctuated 1.99% from a day low at $22.59 to a day high of $23.04. The price has fallen in 7 of the last 10 days and is down by -3.41% for this period. Volume has increased on the last day by 18 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, 32 thousand shares were bought and sold for approximately $734.06 thousand.

The ETF lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 2.41% during the next 3 months and, with a 90% probability hold a price between $22.52 and $25.42 at the end of this 3-month period.

UPW Signals & Forecast

There are few to no technical positive signals at the moment. The PROSHARES ULTRA UTILITIES PROSHARES ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the ETF. On corrections up, there will be some resistance from the lines at $23.83 and $23.75. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, July 24, 2026, and so far it has fallen -8.05%. 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 UTILITIES PROSHARES 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 UTILITIES PROSHARES ETF

PROSHARES ULTRA UTILITIES PROSHARES finds support from accumulated volume at $22.47 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the ETF moved $0.450 (1.99%) between high and low. For the last week, the ETF has had daily average volatility of 2.90%.

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

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

For the upcoming trading day on Monday, 3rd we expect PROSHARES ULTRA UTILITIES PROSHARES ULTRA UTILITIES to open at $22.80, and during the day (based on 14 day Average True Range), to move between $22.43 and $23.12, which gives a possible trading interval of +/-$0.688 (+/-3.07%) up or down from last closing price. If PROSHARES ULTRA UTILITIES PROSHARES ULTRA UTILITIES takes out the full calculated possible swing range there will be an estimated 3.07% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $22.88 (0.46%) than the support at $22.47 (1.34%), 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 UTILITIES PROSHARES ULTRA UTILITIES ETF A Buy?

The PROSHARES ULTRA UTILITIES PROSHARES ETF holds several negative signals and despite the positive trend, we believe PROSHARES ULTRA UTILITIES PROSHARES 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: -2.186 Sell Candidate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on August 3, 2026 - $22.80 ( 0.117%).

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