


Technical Sentiment Analysis for ProShares Short S&P500 (SH). As of 2026-06-12, ProShares Short S&P500 (SH) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 5 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SH stands at 47.88, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.15, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 68.03 and the Commodity Channel Index (CCI) at 48.8 further confirm a 0.69 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SH is trading below its 60-day moving average of $34.96 and below its 200-day long-term moving average of $36.13. Key price levels to watch include the immediate resistance at $34.32 and strong support at $32.61. A break above $34.32 could signal a bull continuation, while falling below $32.61 may test the next Fibonacci floor at $31.81.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 30.9 | 31.81 | 32.61 | 33.52 | 34.32 | 35.23 | 36.03 |
| Fibonacci | 31.81 | 32.46 | 32.86 | 33.52 | 34.17 | 34.57 | 35.23 |
2026-06-12
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 47.88 |
| Stochastic Oscillator | 68.03 |
| Stochastic RSI | 72.53 |
| Commodity Channel Index (CCI) | 48.8 |
| Awesome Oscillator | 0.15 |
| Momentum | 0.69 |
| MACD | -0.15 |
2026-06-12
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 33.81 | Sell |
| 10-Day | 33.42 | Buy |
| 20-Day | 33.37 | Buy |
| 60-Day | 34.96 | Sell |
| 200-Day | 36.13 | Sell |
| 250-Day | 36.77 | Sell |