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HALAL TRADING ROOM Sharia-screened signals
TERMINAL
ZS

ZSL

ETF / Fund ProShares UltraShort Silver
$24.52
Sharia status
NOT COMPLIANT
Screened by look-through to its filed holdings
Fund look-through

UNVERIFIED No usable holdings filing was found for this fund.

Silver — inverse. Screened on its product structure, not by looking through to holdings: there is no issuer behind the metal to screen.

The exposure is borrowed. Leverage in these products is an interest-bearing loan, and the exposure itself is obtained through swaps rather than by owning the metal. Two separate objections, either one decisive.

This is a structural read of a known product, not an audit of its filings. It cannot see metal lending, interest earned on a cash sweep, or a custodian arrangement that generates yield.

Methodology breakdown computing — it will appear here on its own.

🕌Open research, not a fatwa — verify with your own scholar.
Trade setup SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.
Why this signal?
Structure2 of 5 timeframes bullish · 30.4% aligned
VWAPPrice holding above VWAP ($23.56)
VolumeRelative volume 7.3× the 20-day average
Momentum10-day rate of change +15.0%

ZSL (ZSL) is currently considered not halal (non-compliant), per our own look-through to its filed holdings. See its filed holdings and the weight breakdown below for the reasoning.

Market & analysts
Momentum (10d)
+15.0%
rate of change
SMC grade
D · 43
30.4% aligned
NON-COMPLIANT
Sharia compliance
D · 43
SMC grade — 30.4% timeframe alignment
+15.0%
Rate of change (10d)

🕌 In-house Compliance Research

Computing the full ratio and business-activity breakdown for ZSL — this runs off the critical path so the page paints first. It will appear here on its own.

193.10148.67104.2559.8215.392025-09-122026-03-132026-09-11

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
23.29
S2
23.69
S1
24.37
PIVOT
24.77
R1
25.45
R2
25.85
R3
26.53

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

7-day expected range
19.6332 26.9468
±15.7% from 23.29, made 2026-09-08 · resolves 2026-09-15
STRONG SELL
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 22347 forecast(s) are currently open and will be scored automatically when their horizon expires.

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

Technical Summary

SELL
19 indicators
OscillatorsBUY
3 buy · 2 neutral · 2 sell
Moving averagesSELL
5 buy · 0 neutral · 7 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)50.10NEUTRAL
Stochastic %K (14)86.79SELL
CCI (20)73.87NEUTRAL
Williams %R (14)-13.21SELL
MACD (12,26,9)0.41BUY
ROC (10)14.96BUY
Momentum (10)3.19BUY
EMA (10)23.75BUY
SMA (10)23.75BUY
EMA (20)24.07BUY
SMA (20)23.28BUY
EMA (30)24.66SELL
SMA (30)24.52BUY
EMA (50)25.36SELL
SMA (50)27.14SELL
EMA (100)28.90SELL
SMA (100)24.99SELL
EMA (200)47.40SELL
SMA (200)31.64SELL

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

About ZSL

The fund seeks to meet its investment objective by investing under normal market conditions in any one of, or combinations of, Financial Instruments (including swap agreements, futures contracts and forward contracts) based on the fund’s benchmark.

Background via Yahoo Finance — informational, not part of the verdict.

Grade verdict

Weak — low conviction, small size or skip

SMC — Top Down

TimeframeBiasBars
📅 Daily RANGING 43
⏰ 4H BULLISH 71
🕐 1H BEARISH 98
⏱ 15-Min RANGING 130
⏲ 5-Min BULLISH 234

Momentum & Volume

-1.12
MACD (no fresh cross)

Peer Movement

Peer movement computing — it will appear here on its own.

Insider Activity (90d)

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

NEUTRAL   report date 2026-09-08 · Asset managers net 912361 (-21819)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.