


Technical Sentiment Analysis for ProShares S&P Global Core Battery Metals ETF (ION). As of 2026-05-04, ProShares S&P Global Core Battery Metals ETF (ION) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 9 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ION stands at 59.63, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.87, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 74.49 and the Commodity Channel Index (CCI) at 71.4 further confirm a 0.01 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, ION is trading above its 60-day moving average of $59.45 and above its 200-day long-term moving average of $48.29. Key price levels to watch include the immediate resistance at $67.03 and strong support at $62. A break above $67.03 could signal a bull continuation, while falling below $62 may test the next Fibonacci floor at $59.76.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 56.97 | 59.76 | 62 | 64.79 | 67.03 | 69.82 | 72.06 |
| Fibonacci | 59.76 | 61.68 | 62.87 | 64.79 | 66.71 | 67.9 | 69.82 |
2026-05-04
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 59.63 |
| Stochastic Oscillator | 74.49 |
| Stochastic RSI | 73.91 |
| Commodity Channel Index (CCI) | 71.4 |
| Awesome Oscillator | 5.48 |
| Momentum | 0.01 |
| MACD | 1.87 |
2026-05-04
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 64.78 | Buy |
| 10-Day | 64.24 | Buy |
| 20-Day | 63.1 | Buy |
| 60-Day | 59.45 | Buy |
| 200-Day | 48.29 | Buy |
| 250-Day | 44.28 | Buy |