EWV Technical Analysis & ETF Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

ProShares UltraShort MSCI Japan (EWV) Moving Averages Convergence Divergence (MACD) indicator is -1.28, suggesting EWV is Strong sell.

ProShares UltraShort MSCI Japan (EWV) 20-Day simple moving average is 21.85, while ProShares UltraShort MSCI Japan (EWV) share price is $18.865, making it Sell.

ProShares UltraShort MSCI Japan (EWV) 60-Day simple moving average is 24.23, while ProShares UltraShort MSCI Japan (EWV) share price is $18.865, making it Sell.

Technical Analysis for EWV

Technical Sentiment Analysis for ProShares UltraShort MSCI Japan (EWV) As of 2026-02-12, ProShares UltraShort MSCI Japan (EWV) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 5 indicators are flashing buy, while 9 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for EWV stands at 23.83, which suggests a Buy condition. Meanwhile, the MACD (12, 26) indicator is at -1.28, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 5.03 and the Commodity Channel Index (CCI) at -165.68 further confirm a -3.5 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, EWV is trading below its 60-day moving average of $24.23 and below its 200-day long-term moving average of $28.66. Key price levels to watch include the immediate resistance at $22.91 and strong support at $18.64. A break above $22.91 could signal a bull continuation, while falling below $18.64 may test the next Fibonacci floor at $16.45.

ProShares UltraShort MSCI Japan (EWV) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	14.37	16.45	18.64	20.72	22.91	24.99	27.18
Fibonacci	16.45	18.08	19.09	20.72	22.35	23.36	24.99

ProShares UltraShort MSCI Japan (EWV) Technical Indicators

2026-02-12

Name	Value
RSI_14	23.83
STOCHk_14_3_3	5.03
STOCHd_14_3_3	4.46
CCI_20	-165.68
AO_5_34	-3.35
MOM_10	-3.5
MACD_12_26_9	-1.28

ProShares UltraShort MSCI Japan (EWV) Relative Strength Index (RSI) is 23.83, creating a Buy signal.

ProShares UltraShort MSCI Japan (EWV) Stochastic Oscillator is 5.03, creating a Buy signal.

ProShares UltraShort MSCI Japan (EWV) Stochastic RSI is 4.46, creating a Buy signal.

ProShares UltraShort MSCI Japan (EWV) Commodity Channel Index (CCI) is -165.68, creating a Buy signal.

ProShares UltraShort MSCI Japan (EWV) Awesome Oscillator is -3.35, creating a Sell signal.

ProShares UltraShort MSCI Japan (EWV) Momentum is -3.5, creating a Sell signal.

ProShares UltraShort MSCI Japan (EWV) MACD is -1.28, creating a Sell signal.

ProShares UltraShort MSCI Japan (EWV) Moving Average

2026-02-12

Period	Simple	Signal
MA_5	19.4	Sell
MA_10	20.83	Sell
MA_20	21.85	Sell
MA_60	24.23	Sell
MA_200	28.66	Sell
MA_250	30.92	Sell

ProShares UltraShort MSCI Japan (EWV) 5-Day simple moving average is 19.4, while ProShares UltraShort MSCI Japan (EWV) share price is $18.865, making it a Sell.

ProShares UltraShort MSCI Japan (EWV) 10-Day simple moving average is 20.83, while ProShares UltraShort MSCI Japan (EWV) share price is $18.865, making it a Sell.

ProShares UltraShort MSCI Japan (EWV) 20-Day simple moving average is 21.85, while ProShares UltraShort MSCI Japan (EWV) share price is $18.865, making it a Sell.

ProShares UltraShort MSCI Japan (EWV) 60-Day simple moving average is 24.23, while ProShares UltraShort MSCI Japan (EWV) share price is $18.865, making it a Sell.

ProShares UltraShort MSCI Japan (EWV) 200-Day simple moving average is 28.66, while ProShares UltraShort MSCI Japan (EWV) share price is $18.865, making it a Sell.

ProShares UltraShort MSCI Japan (EWV) 250-Day simple moving average is 30.92, while ProShares UltraShort MSCI Japan (EWV) share price is $18.865, making it a Sell.