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 -2.15, suggesting SDS is Strong sell.

ProShares UltraShort S&P500 (SDS) 20-Day simple moving average is 59.82, while ProShares UltraShort S&P500 (SDS) share price is $57.69, making it Sell.

ProShares UltraShort S&P500 (SDS) 60-Day simple moving average is 66.94, while ProShares UltraShort S&P500 (SDS) share price is $57.69, making it Sell.

Technical Analysis for SDS

Technical Sentiment Analysis for ProShares UltraShort S&P500 (SDS). As of 2026-05-22, 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 31.83, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -2.15, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 20.2 and the Commodity Channel Index (CCI) at -96.98 further confirm a -1.12 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, SDS is trading below its 60-day moving average of $66.94 and below its 200-day long-term moving average of $69.86. Key price levels to watch include the immediate resistance at $59.82 and strong support at $56.93. A break above $59.82 could signal a bull continuation, while falling below $56.93 may test the next Fibonacci floor at $55.51.

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

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	54.05	55.51	56.93	58.4	59.82	61.28	62.7
Fibonacci	55.51	56.61	57.29	58.4	59.5	60.18	61.28

ProShares UltraShort S&P500 (SDS) Technical Indicators

2026-05-22

Name	Value
Relative Strength Index (RSI)	31.83
Stochastic Oscillator	20.2
Stochastic RSI	26.21
Commodity Channel Index (CCI)	-96.98
Awesome Oscillator	-3.98
Momentum	-1.12
MACD	-2.15

ProShares UltraShort S&P500 (SDS) Relative Strength Index (RSI) is 31.83, creating a Neutral signal.

ProShares UltraShort S&P500 (SDS) Stochastic Oscillator is 20.2, creating a Neutral signal.

ProShares UltraShort S&P500 (SDS) Stochastic RSI is 26.21, creating a Neutral signal.

ProShares UltraShort S&P500 (SDS) Commodity Channel Index (CCI) is -96.98, creating a Neutral signal.

ProShares UltraShort S&P500 (SDS) Awesome Oscillator is -3.98, creating a Sell signal.

ProShares UltraShort S&P500 (SDS) Momentum is -1.12, creating a Sell signal.

ProShares UltraShort S&P500 (SDS) MACD is -2.15, creating a Sell signal.

ProShares UltraShort S&P500 (SDS) Moving Average

2026-05-22

Period	Simple	Signal
5-Day	58.47	Sell
10-Day	58.35	Sell
20-Day	59.82	Sell
60-Day	66.94	Sell
200-Day	69.86	Sell
250-Day	72.64	Sell

ProShares UltraShort S&P500 (SDS) 5-Day simple moving average is 58.47, while ProShares UltraShort S&P500 (SDS) share price is $57.69, making it Sell.

ProShares UltraShort S&P500 (SDS) 10-Day simple moving average is 58.35, while ProShares UltraShort S&P500 (SDS) share price is $57.69, making it Sell.

ProShares UltraShort S&P500 (SDS) 20-Day simple moving average is 59.82, while ProShares UltraShort S&P500 (SDS) share price is $57.69, making it Sell.

ProShares UltraShort S&P500 (SDS) 60-Day simple moving average is 66.94, while ProShares UltraShort S&P500 (SDS) share price is $57.69, making it Sell.

ProShares UltraShort S&P500 (SDS) 200-Day simple moving average is 69.86, while ProShares UltraShort S&P500 (SDS) share price is $57.69, making it Sell.

ProShares UltraShort S&P500 (SDS) 250-Day simple moving average is 72.64, while ProShares UltraShort S&P500 (SDS) share price is $57.69, making it Sell.