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ProShares - Short S&P500

SH Technical Analysis Summary (AMEX)

Analyze SH on the AMEX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

SH●AMEX
Financial ServicesAsset Management - Leveraged
$32.28
$0.08(0.25%)
U.S. Market opens in 8h 17m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SH Technical Analysis Summary (AMEX)

ProShares - Short S&P500 (AMEX: SH) stock currently shows a neutral trend on the AMEX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 43.83)
Trend Strength:Moderate (ADX: 20.59)
Volatility:Low (ATR: 0.30)
Support/Resistance:$31.33 – $33.95 (Bollinger Bands)

Technical conditions suggest ProShares - Short S&P500 on the AMEX is awaiting a decisive move. Technical conditions suggest ProShares - Short S&P500 is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 43.83

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 23.09

Bearish
Momentum remains weak below midpoint.

Williams %R: -72.87

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -3.24

Bearish
Selling pressure outweighs buying.

Takeaway:ProShares - Short S&P500 shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.28

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 20.59

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.30

Low
Low volatility, stable price action.

CCI (14): 2.13

Neutral
Neutral, no strong directional signal.

Takeaway:ProShares - Short S&P500 shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$33.95
Middle Band (SMA 20)
$32.64
Lower Band
$31.33
Current Position
Within Bands

Takeaway:ProShares - Short S&P500 trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$33.08
Middle Line (EMA 20)
$32.48
Lower Channel
$31.87
Squeeze Status
No Squeeze

Takeaway:ProShares - Short S&P500 trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-86.80M
Money Flow Index25.23Bearish, selling pressure outweighs inflows.
Relative Vigor Index42.30Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:SH shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of ProShares - Short S&P500 (AMEX: SH), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for ProShares - Short S&P500 are mixed, suggesting a Hold or wait-and-see approach.

(AMEX: SH) Technical Analysis FAQ