


Technical Sentiment Analysis for ProShares UltraShort Bitcoin ETF (SBIT). As of 2026-03-12, ProShares UltraShort Bitcoin ETF (SBIT) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 4 indicators are flashing buy, while 6 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SBIT stands at 46.91, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.07, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 22.13 and the Commodity Channel Index (CCI) at -87.79 further confirm a -7.91 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SBIT is trading above its 60-day moving average of $50.33 and above its 200-day long-term moving average of $38.09. Key price levels to watch include the immediate resistance at $65.01 and strong support at $47.66. A break above $65.01 could signal a bull continuation, while falling below $47.66 may test the next Fibonacci floor at $39.44.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 30.3 | 39.44 | 47.66 | 56.79 | 65.01 | 74.15 | 82.36 |
| Fibonacci | 39.44 | 46.07 | 50.17 | 56.79 | 63.42 | 67.52 | 74.15 |
2026-03-12
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 46.91 |
| Stochastic Oscillator | 22.13 |
| Stochastic RSI | 26.19 |
| Commodity Channel Index (CCI) | -87.79 |
| Awesome Oscillator | -2.29 |
| Momentum | -7.91 |
| MACD | -0.07 |
2026-03-12
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 54.98 | Sell |
| 10-Day | 55.87 | Sell |
| 20-Day | 59.97 | Sell |
| 60-Day | 50.33 | Buy |
| 200-Day | 38.09 | Buy |
| 250-Day | 40.91 | Buy |