ProShares UltraPro S&P500
Technical analysis of ProShares UltraPro S&P500 (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is ProShares UltraPro S&P500
ProShares UltraPro S&P 500 (UPRO) is a fund that invests in financial instruments with the objective of delivering three times the daily returns of the S&P 500 index, which measures the performance of 500 of the largest U.S.-listed and domiciled companies. The fund maintains leveraged exposure of at least 80% of its assets in index components or instruments with similar economic characteristics.
Description generated automatically from public sources; it may be inaccurate or out of date.
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 UPRO analysis.
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 S&P500
How is ProShares UltraPro S&P500 analysed technically?
Technical analysis of ProShares UltraPro 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 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 S&P500?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to ProShares UltraPro S&P500 it helps frame the technical structure of the historical chart and is not a forecast.
Other tickers to analyse
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.