


Technical Sentiment Analysis for ProShares UltraShort Euro (EUO). As of 2026-05-07, ProShares UltraShort Euro (EUO) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 4 indicators are flashing buy, while 6 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for EUO stands at 47.45, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.05, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 64.78 and the Commodity Channel Index (CCI) at 61.95 further confirm a -0.15 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, EUO is trading above its 60-day moving average of $29 and above its 200-day long-term moving average of $28.62. Key price levels to watch include the immediate resistance at $29.22 and strong support at $28.54. A break above $29.22 could signal a bull continuation, while falling below $28.54 may test the next Fibonacci floor at $28.19.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 27.86 | 28.19 | 28.54 | 28.87 | 29.22 | 29.55 | 29.9 |
| Fibonacci | 28.19 | 28.45 | 28.61 | 28.87 | 29.13 | 29.29 | 29.55 |
2026-05-07
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 47.45 |
| Stochastic Oscillator | 64.78 |
| Stochastic RSI | 72.74 |
| Commodity Channel Index (CCI) | 61.95 |
| Awesome Oscillator | -0.17 |
| Momentum | -0.15 |
| MACD | -0.05 |
2026-05-07
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 28.92 | Sell |
| 10-Day | 28.9 | Sell |
| 20-Day | 28.76 | Buy |
| 60-Day | 29 | Sell |
| 200-Day | 28.62 | Buy |
| 250-Day | 28.65 | Buy |