


Technical Sentiment Analysis for ProShares UltraShort Euro (EUO). As of 2026-07-08, ProShares UltraShort Euro (EUO) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 7 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for EUO stands at 61.08, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.31, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 70.72 and the Commodity Channel Index (CCI) at 54.92 further confirm a -0.14 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, EUO is trading above its 60-day moving average of $29.52 and above its 200-day long-term moving average of $28.96. Key price levels to watch include the immediate resistance at $31.11 and strong support at $30.43. A break above $31.11 could signal a bull continuation, while falling below $30.43 may test the next Fibonacci floor at $30.1.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 29.75 | 30.1 | 30.43 | 30.78 | 31.11 | 31.46 | 31.79 |
| Fibonacci | 30.1 | 30.36 | 30.52 | 30.78 | 31.04 | 31.2 | 31.46 |
2026-07-08
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 61.08 |
| Stochastic Oscillator | 70.72 |
| Stochastic RSI | 71.08 |
| Commodity Channel Index (CCI) | 54.92 |
| Awesome Oscillator | 0.65 |
| Momentum | -0.14 |
| MACD | 0.31 |
2026-07-08
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 30.72 | Buy |
| 10-Day | 30.77 | Sell |
| 20-Day | 30.42 | Buy |
| 60-Day | 29.52 | Buy |
| 200-Day | 28.96 | Buy |
| 250-Day | 28.81 | Buy |