


Technical Sentiment Analysis for ProShares UltraShort Bloomberg Crude Oil (SCO). As of 2026-06-17, ProShares UltraShort Bloomberg Crude Oil (SCO) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 6 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SCO stands at 51.68, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.29, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 64 and the Commodity Channel Index (CCI) at 1.39 further confirm a 6.94 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SCO is trading below its 60-day moving average of $29.86 and below its 200-day long-term moving average of $56.35. Key price levels to watch include the immediate resistance at $31.43 and strong support at $24.18. A break above $31.43 could signal a bull continuation, while falling below $24.18 may test the next Fibonacci floor at $20.79.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 16.93 | 20.79 | 24.18 | 28.04 | 31.43 | 35.29 | 38.68 |
| Fibonacci | 20.79 | 23.56 | 25.27 | 28.04 | 30.81 | 32.52 | 35.29 |
2026-06-17
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 51.68 |
| Stochastic Oscillator | 64 |
| Stochastic RSI | 33.77 |
| Commodity Channel Index (CCI) | 1.39 |
| Awesome Oscillator | 0.15 |
| Momentum | 6.94 |
| MACD | -0.29 |
2026-06-17
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 29.36 | Buy |
| 10-Day | 27.57 | Buy |
| 20-Day | 30.91 | Buy |
| 60-Day | 29.86 | Buy |
| 200-Day | 56.35 | Sell |
| 250-Day | 58.72 | Sell |