PROSHARES ULTRASHORT SILVER (ZSL) Technical Analysis
NYSEARCA:ZSL • US74347Y6721
Current stock price
ZSL Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to ZSL. In the past year, ZSL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, ZSL is a bad performer in the overall market: 98% of all stocks are doing better.
- ZSL is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ZSL is lagging the market.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month ZSL has a been trading in the 15.68 - 28.98 range, which is quite wide. It is currently trading near the high of this range.
- ZSL has an average volume of 195502000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ZSL Weekly and Daily overview Charts
ZSL Setup Rating and Analysis
The technical rating of ZSL is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
ZSL Support and Resistance Analysis
15.54
We found 2 important support areas.
- Support @19.68 from a trend line in the daily time frame.
- Support @15.70 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 28.58 to 28.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
ZSL Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ZSL is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZSL is up. |
| ChartMill Relative Strength | 2.4 | NEGATIVE | ZSL has a low relative strength, it was outperformed by 97.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZSL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ZSL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZSL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.92 | NEUTRAL | The RSI value for ZSL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.53 | POSITIVE | The MACD value suggests ZSL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.14 | OVERBOUGHT | The high Stochastics value suggests ZSL may be overbought. |
| Average True Range in percent/ATR (20) | 7.95 | HIGH VOLATILITY | The high ATR as a percentage value for ZSL suggests high volalility. |
| Average Directional Index/ADX (14) | 20.12 | NEUTRAL | The ADX value for ZSL suggests a possible start of a new trend. |
ZSL Chart- and CandleStick Pattern Analysis
ZSL Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:ZSL (3/25/2026, 3:45:07 PM)
25.405
-1.86 (-6.84%)
PROSHARES ULTRASHORT SILVER / ZSL TA FAQ
What is the technical rating for ZSL stock?
ChartMill assigns a technical rating of 2 / 10 to ZSL.
What is the trend direction for ZSL stock?
The current trend direction for PROSHARES ULTRASHORT SILVER (ZSL) is Bearish.
What is the RSI signal for ZSL stock?
PROSHARES ULTRASHORT SILVER (ZSL) has an RSI value of 58.9203. This indicates that the stock is currently neutral.
What is the short term momentum for ZSL stock?
The short term momentum for PROSHARES ULTRASHORT SILVER (ZSL) is positive.
What are the support and resistance levels for PROSHARES ULTRASHORT SILVER (ZSL) stock?
PROSHARES ULTRASHORT SILVER (ZSL) has a support level at 19.68 and a resistance level at 28.58. Check the full technical report for our detailed analysis of ZSL support and resistance levels.