


Technical Sentiment Analysis for ProShares UltraShort Materials (SMN). As of 2026-07-08, ProShares UltraShort Materials (SMN) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 2 indicators are flashing buy, while 8 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SMN stands at 47.47, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.31, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 48.9 and the Commodity Channel Index (CCI) at 30 further confirm a -0.62 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SMN is trading below its 60-day moving average of $20.46 and below its 200-day long-term moving average of $23.5. Key price levels to watch include the immediate resistance at $20.43 and strong support at $19.22. A break above $20.43 could signal a bull continuation, while falling below $19.22 may test the next Fibonacci floor at $18.63.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 18.01 | 18.63 | 19.22 | 19.84 | 20.43 | 21.05 | 21.64 |
| Fibonacci | 18.63 | 19.09 | 19.38 | 19.84 | 20.3 | 20.59 | 21.05 |
2026-07-08
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 47.47 |
| Stochastic Oscillator | 48.9 |
| Stochastic RSI | 46.78 |
| Commodity Channel Index (CCI) | 30 |
| Awesome Oscillator | -0.98 |
| Momentum | -0.62 |
| MACD | -0.31 |
2026-07-08
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 19.67 | Buy |
| 10-Day | 19.81 | Sell |
| 20-Day | 19.89 | Sell |
| 60-Day | 20.46 | Sell |
| 200-Day | 23.5 | Sell |
| 250-Day | 24.21 | Sell |