
Technical analysis of ProShares UltraPro S&P500 (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
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Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for September 4, 2026, computed on the last 12 months of prices.
21 sessions
152.07 $
−0.13%
50 sessions
146.09 $
+3.96%
200 sessions
126.86 $
+19.73%
s2
148.92
Support
s1
151.33
Support
pivot
152.81
Pivot
r1
155.22
Resistance
r2
156.70
Resistance
In the September 4, 2026 session ProShares UltraPro S&P500 closed lower at 151.88 $, −1.20% versus the previous session.
The price sits mixed against its moving averages: −0.13% against the 21-session average, +3.96% against the 50 and +19.73% against the 200.
The 14-period RSI reads 53.9, in neutral territory.
MACD stands at 1.229 against a signal line at 1.602: the histogram is negative (−0.372).
ADX reads 13.2, indicating weak directionality.
Levels computed on the latest session place supports at 151.33 and 148.92 $ and resistances at 155.22 and 156.70 $, around a pivot of 152.81.
The average daily range (ATR) is 3.601 $, or 2.37% of price.
Turnover was 1.5M shares, 86% of the 20-session average.
Over the last twelve months the price ranged between 87.96 and 158.63 $, and today stands −4.26% 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 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.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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