SH ProShares Short S&P500 chart & analysis
Conviction 35Scan · Mon, Nov 9, 2026ProShares Short S&P500 (SH) closed at $32.95 (-2.34%) on Nov 9, 2026. Its latest daily candle is a bearish belt hold. Price is above its 50-day and below its 200-day moving average. RSI(14) 54, RS Rating 34, -15.9% from its 52-week high, -8.6% year to date.
SH technical analysis
Trend
SH's moving averages are mixed — no clean uptrend or downtrend. It closed 1.6% above the 50-day ($32.43) and 3.1% below the 200-day ($34.00). ADX(14) at 19 points to a weak trend — more range than direction. It meets 3 of 8 trend-template criteria.
Momentum
RSI(14) is 54, in the bullish half of its range. The MACD histogram is positive. Its RS Rating of 34 puts its weighted 12-month performance ahead of about 34% of the US market.
Volume and volatility
Volume on the latest session ran 1.6× its 20-day average. It trades about $373.2M a day on average. ATR(14) is $0.4632, 1.4% of price — its typical daily range. Chaikin Money Flow (0.10) shows accumulation.
Key levels
The 52-week range is $31.64 to $39.20; price is 15.9% below the high and 4.1% above the low. The VWAP anchored at the 52-week high is $33.56, above price.
Performance
SH returned -0.2% (1 week), +3.6% (1 month), +2.4% (3 months), -1.7% (6 months), -10.8% (1 year), -8.6% (year to date).
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Educational data, not financial advice. Patterns, levels and the trade plan are algorithmic, not a recommendation to trade.