PROSHARES TRUST II (AGQ) Technical Analysis

🔺 Technical Setup

🎯 Decision Map

The next meaningful technical decision is likely to occur between support at 100.78 and resistance at 120.16. The chart still needs to reclaim resistance to improve meaningfully, while any loss of support would keep weakness in control. Pattern invalidation sits near 206.64, so a violation there would materially change the current setup narrative.

📊 Technical Summary

PROSHARES TRUST II (AGQ) closed at 112.09 (+5.58%). Price remains below both the 50-day and 200-day moving averages, which keeps the broader technical backdrop under pressure until stronger recovery signals appear. 20-day momentum is running at -5.74%; price is trading in the lower part of its roughly 52-week range (38.15–400.47); and ATR14 volatility is elevated at roughly 7.69% of price. RSI(14) stands around 43.7, which keeps the momentum picture broadly balanced. RSI has been trending higher in recent sessions, indicating improving momentum conditions. MACD is positioned under the signal line, suggesting momentum recovery has not fully developed yet. The MACD histogram is negative and weakening further, which reflects continued downside pressure. The chart is currently flagging Double top. The nearest decision zone is framed by support at 100.78 and resistance at 120.16. A move through resistance would improve the short-term technical tone, while a loss of support would weaken the current structure. Latest fundamentals snapshot: Net income: 76.11M. The interactive view adds overlays, pattern context and broader chart structure for deeper review.

Explore more