


Technical Sentiment Analysis for ProShares UltraShort Bloomberg Crude Oil (SCO). As of 2026-05-27, ProShares UltraShort Bloomberg Crude Oil (SCO) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 9 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SCO stands at 50.65, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.34, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 50.68 and the Commodity Channel Index (CCI) at 91.37 further confirm a 0.76 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SCO is trading below its 60-day moving average of $7.83 and below its 200-day long-term moving average of $14.78. Key price levels to watch include the immediate resistance at $6.94 and strong support at $5.67. A break above $6.94 could signal a bull continuation, while falling below $5.67 may test the next Fibonacci floor at $5.05.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 4.4 | 5.05 | 5.67 | 6.32 | 6.94 | 7.59 | 8.21 |
| Fibonacci | 5.05 | 5.54 | 5.84 | 6.32 | 6.81 | 7.11 | 7.59 |
2026-05-27
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 50.65 |
| Stochastic Oscillator | 50.68 |
| Stochastic RSI | 40.36 |
| Commodity Channel Index (CCI) | 91.37 |
| Awesome Oscillator | -0.56 |
| Momentum | 0.76 |
| MACD | -0.34 |
2026-05-27
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 6.47 | Buy |
| 10-Day | 6.28 | Buy |
| 20-Day | 6.43 | Buy |
| 60-Day | 7.83 | Buy |
| 200-Day | 14.78 | Buy |
| 250-Day | 15.28 | Buy |