ProShares UltraPro Short S&P500 technical analysis
Technical analysis of ProShares UltraPro Short S&P500 (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is ProShares UltraPro Short S&P500
ProShares UltraPro Short S&P 500 (SPXU) is a fund that invests in financial instruments designed to deliver three times the daily inverse return of the S&P 500 Index, which comprises the 500 largest U.S. companies. The fund obtains inverse leveraged exposure on at least 80% of its assets through index components or instruments with similar economic characteristics.
Description generated automatically from public sources; it may be inaccurate or out of date.
ProShares UltraPro Short S&P500: latest session data
Closing values for October 19, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
33.73 $
+2.08%
50 sessions
34.05 $
+1.13%
200 sessions
41.00 $
−16.02%
Session levels
s2
32.91
Support
s1
33.89
Support
pivot
34.56
Pivot
r1
35.54
Resistance
r2
36.20
Resistance
How to read it
In the October 19, 2026 session ProShares UltraPro Short S&P500 closed lower at 34.43 $, −1.26% versus the previous session.
The price sits mixed against its moving averages: +2.08% against the 21-session average, +1.13% against the 50 and −16.02% against the 200.
The 14-period RSI reads 53.5, in neutral territory.
MACD stands at -0.117 against a signal line at -0.267: the histogram is positive (+0.149).
ADX reads 11.8, indicating weak directionality.
Levels computed on the latest session place supports at 33.89 and 32.91 $ and resistances at 35.54 and 36.20 $, around a pivot of 34.56.
The average daily range (ATR) is 0.923 $, or 2.68% of price.
Turnover was 9M shares, 101% of the 20-session average.
Over the last twelve months the price ranged between 32.38 and 43.04 $, and today stands −20.00% 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
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How Montbon’s technical analysis works
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.
FAQ about ProShares UltraPro Short S&P500
How is ProShares UltraPro Short S&P500 analysed technically?
Technical analysis of ProShares UltraPro Short S&P500 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 S&P500?
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 S&P500?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to ProShares UltraPro Short S&P500 it helps frame the technical structure of the historical chart and is not a forecast.
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Russell 2000 Index^RUTDisclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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