


Technical Sentiment Analysis for ProShares Short S&P500 (SH). As of 2026-05-22, ProShares Short S&P500 (SH) 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 SH stands at 32.71, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.57, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 22.21 and the Commodity Channel Index (CCI) at -95.71 further confirm a -0.3 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SH is trading below its 60-day moving average of $35.76 and below its 200-day long-term moving average of $36.5. Key price levels to watch include the immediate resistance at $33.92 and strong support at $33.07. A break above $33.92 could signal a bull continuation, while falling below $33.07 may test the next Fibonacci floor at $32.65.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 32.23 | 32.65 | 33.07 | 33.5 | 33.92 | 34.34 | 34.76 |
| Fibonacci | 32.65 | 32.98 | 33.18 | 33.5 | 33.82 | 34.02 | 34.34 |
2026-05-22
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 32.71 |
| Stochastic Oscillator | 22.21 |
| Stochastic RSI | 28.39 |
| Commodity Channel Index (CCI) | -95.71 |
| Awesome Oscillator | -1.06 |
| Momentum | -0.3 |
| MACD | -0.57 |
2026-05-22
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 33.53 | Sell |
| 10-Day | 33.49 | Sell |
| 20-Day | 33.89 | Sell |
| 60-Day | 35.76 | Sell |
| 200-Day | 36.5 | Sell |
| 250-Day | 37.23 | Sell |