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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
$32.30
$0.04(0.12%)
U.S. Market opens in 14h 20m

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: 46.71)
Trend Strength:Weak (ADX: 11.52)
Volatility:Low (ATR: 0.28)
Support/Resistance:$31.90 – $33.09 (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): 46.71

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 20.25

Bearish
Momentum remains weak below midpoint.

Williams %R: -71.11

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -1.13

Bearish
Selling pressure outweighs buying.

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

Trend & Volatility

MACD: -0.10

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 11.52

Weak
Weak trend, market trading sideways.

ATR (14): 0.28

Low
Low volatility, stable price action.

CCI (14): -42.11

Bearish
Bearish, momentum remains under pressure.

Takeaway:ProShares - Short S&P500 shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$33.09
Middle Band (SMA 20)
$32.49
Lower Band
$31.90
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$32.96
Middle Line (EMA 20)
$32.41
Lower Channel
$31.86
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 Volume29.58M
Money Flow Index52.85Neutral, balanced money flows with no clear signal.
Relative Vigor Index60.97Bullish, price momentum strongly favors buyers.

Overall Takeaway:SH shows bullish money flow, with volume and vigor supporting buyers.

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

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

Bearish Signals

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

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

(AMEX: SH) Technical Analysis FAQ