RWM ProShares Short Russell2000 chart & analysis
Conviction 70Scan · Fri, Nov 6, 2026ProShares Short Russell2000 (RWM) closed at $14.67 (-0.81%) on Nov 6, 2026. Price is above its 50-day and above its 200-day moving average. RSI(14) 57, RS Rating 50, -17.6% from its 52-week high, -10.4% year to date.
RWM technical analysis
Trend
RWM's moving averages are mixed — no clean uptrend or downtrend. It closed 3.0% above the 50-day ($14.23) and 1.3% above the 200-day ($14.48). ADX(14) at 25 points to a strong, established trend. It meets 4 of 8 trend-template criteria.
Momentum
RSI(14) is 57, in the bullish half of its range. The MACD histogram is negative. Its RS Rating of 50 puts its weighted 12-month performance ahead of about 50% of the US market.
Volume and volatility
Volume on the latest session ran 0.6× its 20-day average. It trades about $876.5M a day on average. ATR(14) is $0.2384, 1.6% of price — its typical daily range. On-balance volume is trending down.
Key levels
The chart pattern's support is $13.97 and its resistance $14.78. The 52-week range is $13.16 to $17.80; price is 17.6% below the high and 11.4% above the low. The VWAP anchored at the 52-week high is $14.81, above price.
Performance
RWM returned +2.1% (1 week), +1.6% (1 month), +9.5% (3 months), +3.3% (6 months), -11.9% (1 year), -10.4% (year to date).
Signal lifecycle
How this symbol has moved through the lanes across 60 scans — each scan is re-classified from that day's price, so gaps are days it dropped off the board entirely.
- Setting upSep 21 – Sep 222 scans
- Breaking out nowSep 231 scan
- Setting upOct 301 scan
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Educational data, not financial advice. Patterns, levels and the trade plan are algorithmic, not a recommendation to trade.