


Technical Sentiment Analysis for ProShares UltraShort Bitcoin ETF (SBIT). As of 2026-05-22, ProShares UltraShort Bitcoin ETF (SBIT) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 8 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SBIT stands at 53.09, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -1.12, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 79.54 and the Commodity Channel Index (CCI) at 82.49 further confirm a 4.42 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SBIT is trading above its 60-day moving average of $48.32 and above its 200-day long-term moving average of $41.57. Key price levels to watch include the immediate resistance at $44.31 and strong support at $37.72. A break above $44.31 could signal a bull continuation, while falling below $37.72 may test the next Fibonacci floor at $34.42.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 31.14 | 34.42 | 37.72 | 41.01 | 44.31 | 47.59 | 50.89 |
| Fibonacci | 34.42 | 36.94 | 38.49 | 41.01 | 43.52 | 45.08 | 47.59 |
2026-05-22
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 53.09 |
| Stochastic Oscillator | 79.54 |
| Stochastic RSI | 75.37 |
| Commodity Channel Index (CCI) | 82.49 |
| Awesome Oscillator | -0.57 |
| Momentum | 4.42 |
| MACD | -1.12 |
2026-05-22
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 42.84 | Buy |
| 10-Day | 41.02 | Buy |
| 20-Day | 41.19 | Buy |
| 60-Day | 48.32 | Sell |
| 200-Day | 41.57 | Buy |
| 250-Day | 39.83 | Buy |