


Technical Sentiment Analysis for ProShares Short Russell2000 (RWM). As of 2026-07-02, ProShares Short Russell2000 (RWM) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 3 indicators are flashing buy, while 8 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for RWM stands at 40.18, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.24, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 17.09 and the Commodity Channel Index (CCI) at -77.14 further confirm a -0.46 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, RWM is trading below its 60-day moving average of $14.23 and below its 200-day long-term moving average of $15.6. Key price levels to watch include the immediate resistance at $13.79 and strong support at $13.15. A break above $13.79 could signal a bull continuation, while falling below $13.15 may test the next Fibonacci floor at $12.85.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 12.5 | 12.85 | 13.15 | 13.5 | 13.79 | 14.14 | 14.44 |
| Fibonacci | 12.85 | 13.1 | 13.25 | 13.5 | 13.74 | 13.89 | 14.14 |
2026-07-02
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 40.18 |
| Stochastic Oscillator | 17.09 |
| Stochastic RSI | 12.11 |
| Commodity Channel Index (CCI) | -77.14 |
| Awesome Oscillator | -0.54 |
| Momentum | -0.46 |
| MACD | -0.24 |
2026-07-02
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 13.37 | Buy |
| 10-Day | 13.45 | Sell |
| 20-Day | 13.72 | Sell |
| 60-Day | 14.23 | Sell |
| 200-Day | 15.6 | Sell |
| 250-Day | 16.07 | Sell |