


Technical Sentiment Analysis for ProShares UltraShort Bitcoin ETF (SBIT). As of 2026-05-05, ProShares UltraShort Bitcoin ETF (SBIT) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 4 indicators are flashing buy, while 11 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SBIT stands at 32.47, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -3.13, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 8.98 and the Commodity Channel Index (CCI) at -155.92 further confirm a -7.47 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SBIT is trading above its 60-day moving average of $53.26 and above its 200-day long-term moving average of $40.83. Key price levels to watch include the immediate resistance at $45.85 and strong support at $38.31. A break above $45.85 could signal a bull continuation, while falling below $38.31 may test the next Fibonacci floor at $34.45.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 30.77 | 34.45 | 38.31 | 41.99 | 45.85 | 49.53 | 53.39 |
| Fibonacci | 34.45 | 37.33 | 39.11 | 41.99 | 44.87 | 46.65 | 49.53 |
2026-05-05
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 32.47 |
| Stochastic Oscillator | 8.98 |
| Stochastic RSI | 19.22 |
| Commodity Channel Index (CCI) | -155.92 |
| Awesome Oscillator | -7.28 |
| Momentum | -7.47 |
| MACD | -3.13 |
2026-05-05
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 41.73 | Sell |
| 10-Day | 42.17 | Sell |
| 20-Day | 44.5 | Sell |
| 60-Day | 53.26 | Sell |
| 200-Day | 40.83 | Sell |
| 250-Day | 39.67 | Sell |