


Technical Sentiment Analysis for ProShares UltraShort Silver (ZSL). As of 2026-07-02, ProShares UltraShort Silver (ZSL) 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 ZSL stands at 58.21, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 2.44, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 65.32 and the Commodity Channel Index (CCI) at 40.53 further confirm a 4.49 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, ZSL is trading below its 60-day moving average of $22.64 and below its 200-day long-term moving average of $59.6. Key price levels to watch include the immediate resistance at $34.93 and strong support at $24.55. A break above $34.93 could signal a bull continuation, while falling below $24.55 may test the next Fibonacci floor at $19.21.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 14.17 | 19.21 | 24.55 | 29.59 | 34.93 | 39.97 | 45.31 |
| Fibonacci | 19.21 | 23.18 | 25.63 | 29.59 | 33.56 | 36.01 | 39.97 |
2026-07-02
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 58.21 |
| Stochastic Oscillator | 65.32 |
| Stochastic RSI | 70.45 |
| Commodity Channel Index (CCI) | 40.53 |
| Awesome Oscillator | 6.43 |
| Momentum | 4.49 |
| MACD | 2.44 |
2026-07-02
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 30.69 | Sell |
| 10-Day | 29.88 | Sell |
| 20-Day | 27.12 | Buy |
| 60-Day | 22.64 | Buy |
| 200-Day | 59.6 | Sell |
| 250-Day | 92.37 | Sell |