ZSL ProShares UltraShort Silver AMEX -17.33% Jan 26 2026: most-active cue
ZSL stock closed the session at $1.86 on 26 Jan 2026 after a -17.33% drop and record volume of 801,545,314 shares, making it one of the most active ETFs on the day on the AMEX in the United States. ProShares UltraShort Silver (ZSL) tracks inverse daily moves in silver-related instruments, so sharp swings in silver price and a meme-stock surge in silver-linked products amplified ZSL’s move. The market is closed and volume and volatility metrics show traders aggressively rebalancing positions. We examine what drove the trade, technical signals, and near-term scenarios for ZSL stock.
ZSL stock: Market snapshot and session drivers
ZSL ProShares UltraShort Silver (AMEX) ended the session at $1.86, down $0.39 from the prior close of $2.25. The intraday range ran from $1.57 to $1.95 and the ETF traded 801,545,314 shares versus an average volume of 51,193,142, a relative volume of 15.39x. High volume and the large percent move reflect speculative flows into silver-related products reported by major outlets, including the MarketWatch note that silver-linked ETFs dominated U.S. activity today source.
ZSL stock: Why the price moved today
Short-term forces drove the move. Silver futures saw volatile headlines and speculative retail activity, and investors crowded ETFs that offer leveraged or inverse exposure. ZSL is structured to deliver -2x daily moves versus its benchmark instruments, so sudden rallies in silver produced outsized losses in ZSL. Reuters and commodity coverage amplified safe-haven flows into metals, indirectly fueling the swing in trade volume source.
ZSL stock: Technicals, liquidity and volatility signals
Technicals show a stressed setup. RSI is 27.95 (oversold) and ADX is 45.87, signaling a strong trend. MACD sits near -1.47 with a histogram of -0.01, and ATR is 0.69, underscoring high intraday volatility. The 50-day average price is $7.20 and the 200-day average is $19.18, highlighting how far current price sits below longer-term means. On liquidity, market cap is roughly $3,409,440 and shares outstanding are 1,823,230, consistent with ETF structure but emphasizing the tiny market cap relative to daily flows.
ZSL stock: Meyka AI grade and valuation context
Meyka AI rates ZSL with a score out of 100: Score: 62.59 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, industry comparison, financial growth, key metrics, forecasts, analyst signals, and fundamental growth. The fund sits in the Financial Services sector under “Asset Management – Leveraged.” Valuation ratios are not meaningful for this leveraged ETF structure; many standard metrics (PE, PB) are null because ZSL tracks derivatives rather than operating earnings. These grades are model outputs and not guarantees; we are not financial advisors.
ZSL stock: Risks and opportunities for traders
Risk is high because ZSL offers inverse leveraged exposure; one-day silver rallies can produce outsized losses for holders through compounding and daily reset effects. Liquidity surges can widen spreads and increase execution cost; today’s relative volume spike of 15.39x confirms that. Opportunity exists for short-term traders who understand daily rebalancing and can use options or intraday strategies to manage delta. For multi-day investors, the ETF’s structure makes it a tactical tool, not a buy-and-hold allocation.
ZSL stock: Analyst scenarios and price targets
No formal analyst price targets were available for ZSL, so we outline scenario-based, realistic targets. Bear case: $0.80 (implied -57.00% from current $1.86) if silver rallies sharply and flows reverse. Base case: $2.50 (implied +34.41%) if silver stabilizes and selling pressure eases. Bull case: $6.00 (implied +222.58%) only if silver collapses and leveraged inverse instruments reprice. These scenarios reflect ETF mechanics, the fund’s year high ($40.13) and year low ($1.58), and short-term volatility rather than company fundamentals.
Final Thoughts
ZSL stock was the market’s most active leveraged inverse silver ETF on 26 Jan 2026, closing at $1.86 with 801,545,314 shares traded as the market closed. The price reaction reflects a meme-driven liquidity surge into silver-related products and the magnified losses inherent to a -2x inverse daily structure. Meyka AI’s forecast model projects a one-month modeled price near $1.05, an implied decline of -43.55% from the current price of $1.86; forecasts are model-based projections and not guarantees. Short-term traders should respect the ETF’s daily reset risk and wide intraday swings. Long-term investors should treat ZSL as a tactical hedge or trading vehicle, not a core holding. We use these metrics to frame risk, liquidity, and scenario planning for ZSL stock within the Financial Services sector. Meyka AI, an AI-powered market analysis platform, produced the grade and model outputs used here to help frame an evidence-based outlook.
FAQs
What drove the big move in ZSL stock today?
ZSL stock fell after a meme-stock style surge in silver-linked ETFs and heavy retail flows. The ETF’s -2x inverse structure magnified losses. High volume of 801,545,314 shares forced rapid repricing during the closed session.
Is ZSL stock a good buy for long-term investors?
ZSL stock is not suited for buy-and-hold. Its daily reset and leverage create path dependence. Use ZSL for short-term hedges or tactical trades, not as a long-term core holding.
What is Meyka AI’s forecast for ZSL stock?
Meyka AI’s forecast model projects a one-month price near $1.05, implying -43.55% versus the current $1.86. Forecasts are model-based projections and not guarantees.
How should traders handle ZSL stock volatility?
Traders should size positions tightly, monitor intraday spreads, and use stop limits or options to control risk. Expect wide moves; RSI 27.95 and ADX 45.87 show strong trend and oversold conditions.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
