
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Description generated automatically from public sources; it may be inaccurate or out of date.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 October 21, 2026, computed on the last 12 months of prices.
21 sessions
25.10 $
−6.22%
50 sessions
24.00 $
−1.93%
200 sessions
26.98 $
−12.78%
s2
23.02
Support
s1
23.46
Support
pivot
24.10
Pivot
r1
24.54
Resistance
r2
25.18
Resistance
In the October 21, 2026 session ProShares UltraPro Short Dow30 closed lower at 23.54 $, −1.57% versus the previous session.
The price sits below every moving average observed: −6.22% against the 21-session average, −1.93% against the 50 and −12.78% against the 200.
The 14-period RSI reads 39.0, in neutral territory.
MACD stands at -0.042 against a signal line at 0.222: the histogram is negative (−0.264).
ADX reads 19.8, indicating weak directionality.
Levels computed on the latest session place supports at 23.46 and 23.02 $ and resistances at 24.54 and 25.18 $, around a pivot of 24.10.
The average daily range (ATR) is 0.733 $, or 3.11% of price.
Turnover was 5.1M shares, 119% of the 20-session average.
Over the last twelve months the price ranged between 20.88 and 29.30 $, and today stands −19.68% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
Score, Elliott Waves, moving averages and technical indicators — free, no card
If you're not registered we'll ask you to sign in (free), then open the SDOW analysis.
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.
Are you an issuer and want a correction or removal? Write to info@montbon.com.