


Technical Sentiment Analysis for ProShares Short Ether ETF (SETH). As of 2026-05-04, ProShares Short Ether ETF (SETH) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 2 indicators are flashing buy, while 8 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SETH stands at 40.01, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -1.3, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 47.5 and the Commodity Channel Index (CCI) at -103.84 further confirm a -1.09 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SETH is trading above its 60-day moving average of $49.34 and above its 200-day long-term moving average of $41.43. Key price levels to watch include the immediate resistance at $44.95 and strong support at $41.18. A break above $44.95 could signal a bull continuation, while falling below $41.18 may test the next Fibonacci floor at $39.25.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 37.4 | 39.25 | 41.18 | 43.03 | 44.95 | 46.8 | 48.73 |
| Fibonacci | 39.25 | 40.69 | 41.58 | 43.03 | 44.47 | 45.36 | 46.8 |
2026-05-04
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 40.01 |
| Stochastic Oscillator | 47.5 |
| Stochastic RSI | 58.55 |
| Commodity Channel Index (CCI) | -103.84 |
| Awesome Oscillator | -2.32 |
| Momentum | -1.09 |
| MACD | -1.3 |
2026-05-04
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 43.29 | Sell |
| 10-Day | 43.1 | Sell |
| 20-Day | 43.46 | Sell |
| 60-Day | 49.34 | Sell |
| 200-Day | 41.43 | Buy |
| 250-Day | 45.44 | Sell |