SDS Technical Analysis & ETF Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

ProShares UltraShort S&P500 (SDS) Moving Averages Convergence Divergence (MACD) indicator is -2.46, suggesting SDS is Strong sell.

ProShares UltraShort S&P500 (SDS) 20-Day simple moving average is 64.92, while ProShares UltraShort S&P500 (SDS) share price is $61.03, making it Sell.

ProShares UltraShort S&P500 (SDS) 60-Day simple moving average is 69.07, while ProShares UltraShort S&P500 (SDS) share price is $61.03, making it Sell.

Technical Analysis for SDS

Technical Sentiment Analysis for ProShares UltraShort S&P500 (SDS). As of 2026-05-04, ProShares UltraShort S&P500 (SDS) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 1 indicators are flashing buy, while 9 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SDS stands at 32.25, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -2.46, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 11.98 and the Commodity Channel Index (CCI) at -79.83 further confirm a -1.49 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, SDS is trading below its 60-day moving average of $69.07 and below its 200-day long-term moving average of $71.31. Key price levels to watch include the immediate resistance at $64.63 and strong support at $60.83. A break above $64.63 could signal a bull continuation, while falling below $60.83 may test the next Fibonacci floor at $58.93.

ProShares UltraShort S&P500 (SDS) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	57.03	58.93	60.83	62.73	64.63	66.53	68.43
Fibonacci	58.93	60.38	61.27	62.73	64.18	65.07	66.53

ProShares UltraShort S&P500 (SDS) Technical Indicators

2026-05-04

Name	Value
Relative Strength Index (RSI)	32.25
Stochastic Oscillator	11.98
Stochastic RSI	9.07
Commodity Channel Index (CCI)	-79.83
Awesome Oscillator	-6.8
Momentum	-1.49
MACD	-2.46

ProShares UltraShort S&P500 (SDS) Relative Strength Index (RSI) is 32.25, creating a Neutral signal.

ProShares UltraShort S&P500 (SDS) Stochastic Oscillator is 11.98, creating a Buy signal.

ProShares UltraShort S&P500 (SDS) Stochastic RSI is 9.07, creating a Buy signal.

ProShares UltraShort S&P500 (SDS) Commodity Channel Index (CCI) is -79.83, creating a Neutral signal.

ProShares UltraShort S&P500 (SDS) Awesome Oscillator is -6.8, creating a Sell signal.

ProShares UltraShort S&P500 (SDS) Momentum is -1.49, creating a Sell signal.

ProShares UltraShort S&P500 (SDS) MACD is -2.46, creating a Sell signal.

ProShares UltraShort S&P500 (SDS) Moving Average

2026-05-04

Period	Simple	Signal
5-Day	62.29	Sell
10-Day	62.74	Sell
20-Day	64.92	Sell
60-Day	69.07	Sell
200-Day	71.31	Sell
250-Day	74.56	Sell

ProShares UltraShort S&P500 (SDS) 5-Day simple moving average is 62.29, while ProShares UltraShort S&P500 (SDS) share price is $61.03, making it Sell.

ProShares UltraShort S&P500 (SDS) 10-Day simple moving average is 62.74, while ProShares UltraShort S&P500 (SDS) share price is $61.03, making it Sell.

ProShares UltraShort S&P500 (SDS) 20-Day simple moving average is 64.92, while ProShares UltraShort S&P500 (SDS) share price is $61.03, making it Sell.

ProShares UltraShort S&P500 (SDS) 60-Day simple moving average is 69.07, while ProShares UltraShort S&P500 (SDS) share price is $61.03, making it Sell.

ProShares UltraShort S&P500 (SDS) 200-Day simple moving average is 71.31, while ProShares UltraShort S&P500 (SDS) share price is $61.03, making it Sell.

ProShares UltraShort S&P500 (SDS) 250-Day simple moving average is 74.56, while ProShares UltraShort S&P500 (SDS) share price is $61.03, making it Sell.