


Technical Sentiment Analysis for ProShares UltraShort Euro (EUO). As of 2026-07-07, ProShares UltraShort Euro (EUO) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 9 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for EUO stands at 61.08, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.32, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 69.21 and the Commodity Channel Index (CCI) at 51.17 further confirm a 0.11 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, EUO is trading above its 60-day moving average of $29.49 and above its 200-day long-term moving average of $28.95. Key price levels to watch include the immediate resistance at $31.12 and strong support at $30.44. A break above $31.12 could signal a bull continuation, while falling below $30.44 may test the next Fibonacci floor at $30.11.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 29.76 | 30.11 | 30.44 | 30.79 | 31.12 | 31.47 | 31.8 |
| Fibonacci | 30.11 | 30.37 | 30.53 | 30.79 | 31.05 | 31.21 | 31.47 |
2026-07-07
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 61.08 |
| Stochastic Oscillator | 69.21 |
| Stochastic RSI | 72.44 |
| Commodity Channel Index (CCI) | 51.17 |
| Awesome Oscillator | 0.68 |
| Momentum | 0.11 |
| MACD | 0.32 |
2026-07-07
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 30.7 | Buy |
| 10-Day | 30.78 | Sell |
| 20-Day | 30.38 | Buy |
| 60-Day | 29.49 | Buy |
| 200-Day | 28.95 | Buy |
| 250-Day | 28.79 | Buy |