
Technical analysis of ProShares UltraPro Short Dow30 (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
SDOW is an investment fund that uses financial instruments to obtain inverse and leveraged exposure to the components of the Dow Jones Industrial Average, one of the major U.S. equity indices. The fund aims to deliver daily returns consistent with its stated daily target by investing at least 80% of its assets in index components or instruments with similar economic characteristics. The fund is non-diversified.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for September 3, 2026, computed on the last 12 months of prices.
21 sessions
22.69 $
−1.19%
50 sessions
23.46 $
−4.43%
200 sessions
28.47 $
−21.24%
s2
22.86
Support
s1
23.06
Support
pivot
23.25
Pivot
r1
23.45
Resistance
r2
23.63
Resistance
In the September 3, 2026 session ProShares UltraPro Short Dow30 closed lower at 22.42 $, −3.61% versus the previous session.
The price sits below every moving average observed: −1.19% against the 21-session average, −4.43% against the 50 and −21.24% against the 200.
The 14-period RSI reads 43.4, in neutral territory.
MACD stands at -0.154 against a signal line at -0.245: the histogram is positive (+0.091).
ADX reads 11.9, indicating weak directionality.
Levels computed on the latest session place supports at 23.06 and 22.86 $ and resistances at 23.45 and 23.63 $, around a pivot of 23.25.
The average daily range (ATR) is 0.611 $, or 2.72% of price.
Turnover was 4M shares, 130% of the 20-session average.
Over the last twelve months the price ranged between 21.13 and 38.04 $, and today stands −41.06% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is ProShares UltraPro Short Dow30 analysed technically?
Technical analysis of ProShares UltraPro Short Dow30 is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for ProShares UltraPro Short Dow30?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to ProShares UltraPro Short Dow30?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to ProShares UltraPro Short Dow30 it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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