


Technical Sentiment Analysis for ProShares K-1 Free Crude Oil Strategy ETF (OILK). As of 2026-05-07, ProShares K-1 Free Crude Oil Strategy ETF (OILK) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 5 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for OILK stands at 48.86, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.14, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 54.87 and the Commodity Channel Index (CCI) at -51.52 further confirm a -1.46 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, OILK is trading above its 60-day moving average of $51.67 and above its 200-day long-term moving average of $43.09. Key price levels to watch include the immediate resistance at $60.3 and strong support at $54.2. A break above $60.3 could signal a bull continuation, while falling below $54.2 may test the next Fibonacci floor at $50.94.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 48.1 | 50.94 | 54.2 | 57.04 | 60.3 | 63.14 | 66.4 |
| Fibonacci | 50.94 | 53.27 | 54.71 | 57.04 | 59.37 | 60.81 | 63.14 |
2026-05-07
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 48.86 |
| Stochastic Oscillator | 54.87 |
| Stochastic RSI | 73.3 |
| Commodity Channel Index (CCI) | -51.52 |
| Awesome Oscillator | 1.62 |
| Momentum | -1.46 |
| MACD | 1.14 |
2026-05-07
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 57.22 | Sell |
| 10-Day | 57.46 | Sell |
| 20-Day | 56.03 | Sell |
| 60-Day | 51.67 | Buy |
| 200-Day | 43.09 | Buy |
| 250-Day | 42.55 | Buy |