


Technical Sentiment Analysis for ProShares Short S&P500 (SH). As of 2026-04-14, ProShares Short S&P500 (SH) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 5 indicators are flashing buy, while 10 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SH stands at 33.49, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.2, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 1.95 and the Commodity Channel Index (CCI) at -177.24 further confirm a -3.46 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SH is trading below its 60-day moving average of $36.55 and below its 200-day long-term moving average of $37.21. Key price levels to watch include the immediate resistance at $38.52 and strong support at $35.4. A break above $38.52 could signal a bull continuation, while falling below $35.4 may test the next Fibonacci floor at $33.91.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 32.28 | 33.91 | 35.4 | 37.03 | 38.52 | 40.15 | 41.64 |
| Fibonacci | 33.91 | 35.11 | 35.84 | 37.03 | 38.23 | 38.96 | 40.15 |
2026-04-14
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 33.49 |
| Stochastic Oscillator | 1.95 |
| Stochastic RSI | 2.64 |
| Commodity Channel Index (CCI) | -177.24 |
| Awesome Oscillator | -0.82 |
| Momentum | -3.46 |
| MACD | -0.2 |
2026-04-14
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 36.14 | Sell |
| 10-Day | 36.88 | Sell |
| 20-Day | 37.43 | Sell |
| 60-Day | 36.55 | Sell |
| 200-Day | 37.21 | Sell |
| 250-Day | 38.32 | Sell |