


Technical Sentiment Analysis for ProShares UltraShort Bloomberg Crude Oil (SCO). As of 2026-07-07, ProShares UltraShort Bloomberg Crude Oil (SCO) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 5 indicators are flashing buy, while 6 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SCO stands at 51.21, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.42, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 74.94 and the Commodity Channel Index (CCI) at 38.32 further confirm a 0.58 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SCO is trading below its 60-day moving average of $30.24 and below its 200-day long-term moving average of $54.31. Key price levels to watch include the immediate resistance at $36.62 and strong support at $32.95. A break above $36.62 could signal a bull continuation, while falling below $32.95 may test the next Fibonacci floor at $31.1.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 29.28 | 31.1 | 32.95 | 34.77 | 36.62 | 38.44 | 40.29 |
| Fibonacci | 31.1 | 32.5 | 33.37 | 34.77 | 36.17 | 37.04 | 38.44 |
2026-07-07
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 51.21 |
| Stochastic Oscillator | 74.94 |
| Stochastic RSI | 85.6 |
| Commodity Channel Index (CCI) | 38.32 |
| Awesome Oscillator | 3.47 |
| Momentum | 0.58 |
| MACD | 1.42 |
2026-07-07
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 35.06 | Sell |
| 10-Day | 34.81 | Sell |
| 20-Day | 31.82 | Buy |
| 60-Day | 30.24 | Buy |
| 200-Day | 54.31 | Sell |
| 250-Day | 57.06 | Sell |