


Technical Sentiment Analysis for ProShares Ultra Bloomberg Crude Oil (UCO). As of 2026-04-16, ProShares Ultra Bloomberg Crude Oil (UCO) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 10 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for UCO stands at 59.51, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.91, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 67.09 and the Commodity Channel Index (CCI) at 65.47 further confirm a 4.48 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, UCO is trading above its 60-day moving average of $31.61 and above its 200-day long-term moving average of $24.75. Key price levels to watch include the immediate resistance at $43.99 and strong support at $36.91. A break above $43.99 could signal a bull continuation, while falling below $36.91 may test the next Fibonacci floor at $33.12.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 29.83 | 33.12 | 36.91 | 40.2 | 43.99 | 47.28 | 51.07 |
| Fibonacci | 33.12 | 35.82 | 37.49 | 40.2 | 42.9 | 44.57 | 47.28 |
2026-04-16
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 59.51 |
| Stochastic Oscillator | 67.09 |
| Stochastic RSI | 67.68 |
| Commodity Channel Index (CCI) | 65.47 |
| Awesome Oscillator | 3.58 |
| Momentum | 4.48 |
| MACD | 1.91 |
2026-04-16
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 41.13 | Buy |
| 10-Day | 40.7 | Buy |
| 20-Day | 40.58 | Buy |
| 60-Day | 31.61 | Buy |
| 200-Day | 24.75 | Buy |
| 250-Day | 24.2 | Buy |