SMN

Technical Sentiment Analysis for ProShares UltraShort Materials (SMN). As of 2026-07-02, ProShares UltraShort Materials (SMN) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 0 indicators are flashing buy, while 12 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SMN stands at 46.22, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.31, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 52.14 and the Commodity Channel Index (CCI) at -59.7 further confirm a -0.18 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, SMN is trading below its 60-day moving average of $20.47 and below its 200-day long-term moving average of $23.61. Key price levels to watch include the immediate resistance at $20.5 and strong support at $19.29. A break above $20.5 could signal a bull continuation, while falling below $19.29 may test the next Fibonacci floor at $18.66.