SMN Stock Summary and Trading Ideas (ProShares Ultrashort Materials | ARCA:SMN)

ProShares UltraShort Materials seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the S&P Materials Select Sector Index.

ProShares Ultrashort Materials trades on the ARCA stock market under the symbol SMN.

As of March 3, 2025, SMN stock price climbed to $15.69 with 2,672 million shares trading.

SMN has a market cap of $863,253.00. This is considered a Sub-Micro Cap stock.

In the last 3 years, SMN traded as high as $31.82 and as low as $12.41.

SMN has underperformed the market in the last year with a return of +3.0%, while SPY returned +16.7%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in SMN shares. However, SMN has outperformed the market in the last 3 month and 2 week periods, returning +18.2% and +7.3%, while SPY returned -2.2% and -4.3%, respectively. This indicates SMN has been having a stronger performance recently.

SMN support price is $14.76 and resistance is $15.35 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SMN shares will trade within this expected range on the day.