ProShares S&P Kensho Smart Factories ETF Price & Performance (MAKX)

ProShares S&P Kensho Smart Factories ETF (MAKX) is encountering resistance at $39.31, a key technical level. Analysts suggest a short position near this point with a downside target of $38.27. If resistance breaks, a buy signal emerges, targeting $41.62. The ETF remains technically weak in near and mid-term assessments.1

Trading strategies for MAKX indicate a cautious approach. Short positions are recommended if the ETF tests resistance at $39.31, while a break above this level suggests a buying opportunity. Stop-loss levels are critical, as the fund's near-term technical indicators point to weakness. Long-term prospects, however, remain stronger.1

ProShares S&P Kensho Smart Factories ETF (MAKX) shows mixed signals. Resistance at $39.31 is pivotal; breaking it triggers a buy signal, while testing it suggests a short. Near-term and mid-term ratings are weak, but long-term outlooks show strength. Traders are advised to monitor real-time updates for precision.1