


Technical Sentiment Analysis for ProShares Short S&P500 (SH). As of 2026-03-24, ProShares Short S&P500 (SH) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 8 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SH stands at 64.97, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.48, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 81.11 and the Commodity Channel Index (CCI) at 128.79 further confirm a 1.29 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SH is trading below its 60-day moving average of $36.16 and below its 200-day long-term moving average of $37.47. Key price levels to watch include the immediate resistance at $38.42 and strong support at $36.49. A break above $38.42 could signal a bull continuation, while falling below $36.49 may test the next Fibonacci floor at $35.52.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 34.56 | 35.52 | 36.49 | 37.45 | 38.42 | 39.38 | 40.35 |
| Fibonacci | 35.52 | 36.26 | 36.71 | 37.45 | 38.19 | 38.64 | 39.38 |
2026-03-24
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 64.97 |
| Stochastic Oscillator | 81.11 |
| Stochastic RSI | 85.79 |
| Commodity Channel Index (CCI) | 128.79 |
| Awesome Oscillator | 1.2 |
| Momentum | 1.29 |
| MACD | 0.48 |
2026-03-24
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 37.82 | Buy |
| 10-Day | 37.46 | Buy |
| 20-Day | 36.87 | Buy |
| 60-Day | 36.16 | Buy |
| 200-Day | 37.47 | Buy |
| 250-Day | 38.8 | Sell |