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ProShares - Short S&P500

SH Technical Analysis Summary (AMEX)

Analyze SH on the AMEX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

SH●AMEX
Financial ServicesAsset Management - Leveraged
$32.45
$0.13(0.40%)
U.S. Market opens in 63h 2m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SH Technical Analysis Summary (AMEX)

ProShares - Short S&P500 (AMEX: SH) stock currently shows a neutral trend on the AMEX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 46.85)
Trend Strength:Weak (ADX: 17.96)
Volatility:Low (ATR: 0.30)
Support/Resistance:$31.36 – $33.71 (Bollinger Bands)

Technical conditions suggest ProShares - Short S&P500 on the AMEX is awaiting a decisive move. This mix signals that ProShares - Short S&P500 is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 46.85

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 54.28

Neutral
Mid-range signal with no clear trend.

Williams %R: -22.73

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -0.81

Neutral
Price change is minimal.

Takeaway:ProShares - Short S&P500 shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.21

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 17.96

Weak
Weak trend, market trading sideways.

ATR (14): 0.30

Low
Low volatility, stable price action.

CCI (14): 121.35

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:ProShares - Short S&P500 shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$33.71
Middle Band (SMA 20)
$32.53
Lower Band
$31.36
Current Position
Within Bands

Takeaway:ProShares - Short S&P500 trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$33.07
Middle Line (EMA 20)
$32.48
Lower Channel
$31.88
Squeeze Status
No Squeeze

Takeaway:ProShares - Short S&P500 trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-64.14M
Money Flow Index33.63Bearish, selling pressure outweighs inflows.
Relative Vigor Index42.81Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:SH shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of ProShares - Short S&P500 (AMEX: SH), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for ProShares - Short S&P500 are mixed, suggesting a Hold or wait-and-see approach.

(AMEX: SH) Technical Analysis FAQ