


Technical Sentiment Analysis for ProShares Short Russell2000 (RWM). As of 2026-07-07, ProShares Short Russell2000 (RWM) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 3 indicators are flashing buy, while 7 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for RWM stands at 42.59, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.21, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 32.45 and the Commodity Channel Index (CCI) at -51.71 further confirm a -0.04 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, RWM is trading below its 60-day moving average of $14.17 and below its 200-day long-term moving average of $15.56. Key price levels to watch include the immediate resistance at $13.74 and strong support at $13.15. A break above $13.74 could signal a bull continuation, while falling below $13.15 may test the next Fibonacci floor at $12.88.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 12.57 | 12.88 | 13.15 | 13.47 | 13.74 | 14.05 | 14.32 |
| Fibonacci | 12.88 | 13.1 | 13.24 | 13.47 | 13.69 | 13.83 | 14.05 |
2026-07-07
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 42.59 |
| Stochastic Oscillator | 32.45 |
| Stochastic RSI | 24.56 |
| Commodity Channel Index (CCI) | -51.71 |
| Awesome Oscillator | -0.5 |
| Momentum | -0.04 |
| MACD | -0.21 |
2026-07-07
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 13.39 | Buy |
| 10-Day | 13.42 | Buy |
| 20-Day | 13.66 | Sell |
| 60-Day | 14.17 | Sell |
| 200-Day | 15.56 | Sell |
| 250-Day | 16.03 | Sell |