


Technical Sentiment Analysis for ProShares UltraShort Bitcoin ETF (SBIT). As of 2026-06-12, ProShares UltraShort Bitcoin ETF (SBIT) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 8 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SBIT stands at 63.27, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 5.08, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 70.17 and the Commodity Channel Index (CCI) at 66.96 further confirm a 13.52 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SBIT is trading above its 60-day moving average of $48.74 and above its 200-day long-term moving average of $43.46. Key price levels to watch include the immediate resistance at $70.63 and strong support at $49.32. A break above $70.63 could signal a bull continuation, while falling below $49.32 may test the next Fibonacci floor at $38.44.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 28.01 | 38.44 | 49.32 | 59.75 | 70.63 | 81.06 | 91.94 |
| Fibonacci | 38.44 | 46.58 | 51.61 | 59.75 | 67.89 | 72.92 | 81.06 |
2026-06-12
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 63.27 |
| Stochastic Oscillator | 70.17 |
| Stochastic RSI | 72.79 |
| Commodity Channel Index (CCI) | 66.96 |
| Awesome Oscillator | 14.69 |
| Momentum | 13.52 |
| MACD | 5.08 |
2026-06-12
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 61.89 | Sell |
| 10-Day | 60.2 | Buy |
| 20-Day | 51.99 | Buy |
| 60-Day | 48.74 | Buy |
| 200-Day | 43.46 | Buy |
| 250-Day | 40.96 | Buy |