Foliotrail Foliotrail charts

UGL Technical Analysis

ProShares Ultra Gold — AI-powered chart analysis updated every trading day at 6 PM ET

Multi-Timeframe Overview

Daily
DOWNTREND
Weekly
BOTTOMING ATTEMPT
Monthly
VOLATILITY EXPANSION

As of May 22, 2026, UGL (ProShares Ultra Gold) is in a downtrend state on the daily timeframe with 72% confidence. The weekly chart shows a bottoming attempt pattern (58% confidence), while the monthly timeframe indicates volatility expansion.

UGL ProShares Ultra Gold daily candlestick chart with moving averages and RSI — downtrend
Daily DOWNTREND
Price at ~$56.06 is below EMA50/EMA100 (~$61.34/$61.42) and SMA50/100 (~$60.83/$65.55), testing the EMA200/SMA200 cluster (~$56.40/$56.42) after a series of lower highs since the ~$80+ peak; RSI ~39 shows weak momentum.
UGL ProShares Ultra Gold weekly candlestick chart with moving averages and RSI — bottoming attempt
Weekly BOTTOMING ATTEMPT
Weekly pullback from the $80s spike; price $56.06 is back under the fast EMA20 (~$61.26) and sitting just above EMA50 (~$54.02)/SMA50 (~$52.84) with RSI14 ~45.6 (cooling momentum).
UGL ProShares Ultra Gold monthly candlestick chart with moving averages and RSI — volatility expansion
Monthly VOLATILITY EXPANSION
After a vertical run to ~$85-$90, UGL pulled back on 2 red monthly candles and is now holding around $59.18, still well above all key EMAs/SMAs (RSI-14 ~66).

Frequently Asked Questions

What is the current technical outlook for UGL?

As of May 22, 2026, UGL (ProShares Ultra Gold) is in a downtrend state on the daily timeframe with 72% confidence. Price at ~$56.06 is below EMA50/EMA100 (~$61.34/$61.42) and SMA50/100 (~$60.83/$65.55), testing the EMA200/SMA200 cluster (~$56.40/$56.42) after a series of lower highs since the ~$80+ peak; RSI ~39 shows weak momentum.

What are the support and resistance levels for UGL?

On the daily chart, UGL has key support at $56.0 and resistance at $61.5. On the weekly chart, support sits at $54.0 with resistance at $61.3. The monthly timeframe shows support at $55.0 and resistance at $66.0.

What timeframes are available for UGL?

FolioCharts provides daily, weekly, and monthly technical analysis for UGL. Each timeframe is analysed independently by AI agents using moving averages, RSI, and price action.

How often is UGL analysis updated?

UGL daily charts are updated every trading day at 6 PM ET. Weekly charts refresh on Fridays and monthly charts on the last trading day of each month. Learn more about our methodology.

Related Tickers

AMPX DOWNTREND AMRZ DOWNTREND AXON DOWNTREND BDC DOWNTREND BMNR DOWNTREND BTC/USD DOWNTREND CSL DOWNTREND DLO DOWNTREND