


Technical Sentiment Analysis for ProShares UltraShort Bitcoin ETF (SBIT). As of 2026-07-07, ProShares UltraShort Bitcoin ETF (SBIT) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 7 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SBIT stands at 48.29, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 2.73, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 33.12 and the Commodity Channel Index (CCI) at -67.01 further confirm a -0.01 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SBIT is trading above its 60-day moving average of $50.64 and above its 200-day long-term moving average of $45.87. Key price levels to watch include the immediate resistance at $71.45 and strong support at $57.71. A break above $71.45 could signal a bull continuation, while falling below $57.71 may test the next Fibonacci floor at $50.75.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 43.97 | 50.75 | 57.71 | 64.49 | 71.45 | 78.23 | 85.19 |
| Fibonacci | 50.75 | 56 | 59.25 | 64.49 | 69.74 | 72.99 | 78.23 |
2026-07-07
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 48.29 |
| Stochastic Oscillator | 33.12 |
| Stochastic RSI | 51.46 |
| Commodity Channel Index (CCI) | -67.01 |
| Awesome Oscillator | 7.02 |
| Momentum | -0.01 |
| MACD | 2.73 |
2026-07-07
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 63.04 | Sell |
| 10-Day | 64.66 | Sell |
| 20-Day | 62.28 | Sell |
| 60-Day | 50.64 | Buy |
| 200-Day | 45.87 | Buy |
| 250-Day | 42.59 | Buy |