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(BIB) Proshares Ultra complete technical analysis [charts+indicators] | Buy/Sell Proshares Ultra | (BIB) share price targets

Complete technical analysis of Proshares Ultra (BIB) by charts plus indicators, forecast predictions and share price targets for Proshares Ultra (BIB)

Proshares Ultra trades in USA in N A sector.

Showing technical analysis as on 2024-02-09 View latest technical analysis

10 day averaged volume of Proshares Ultra is 68210

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Feb 2024	56.62	56.20	56.83	56.16	0.239 times
08 Thu Feb 2024	56.17	55.81	56.46	55.30	1.761 times
07 Wed Feb 2024	56.14	58.24	58.24	56.14	0.23 times
06 Tue Feb 2024	58.20	56.81	58.26	56.81	0.397 times
05 Mon Feb 2024	57.06	56.31	57.36	55.52	0.204 times
02 Fri Feb 2024	57.06	57.05	57.46	56.50	0.337 times
01 Thu Feb 2024	58.54	56.74	58.72	56.68	2.17 times
31 Wed Jan 2024	57.11	58.29	58.96	57.02	0.405 times
30 Tue Jan 2024	58.60	59.58	59.58	57.95	2.173 times
29 Mon Jan 2024	59.61	57.56	59.65	57.35	2.203 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 56.8, but if it comes above 56.8, then a intra day buy could be more profitable.
If you take a sell trade below 56.8, then use 56.8 as stoploss and 55.7 as target. However if you take a buy trade in stock , then use 56.8 as stoploss and 57.75 as target.

Share price targets for Proshares Ultra (BIB)

Target Type	Value
Downside Target	40.10
Downside Target	44.64
Downside Target	46.43
Downside Target	48.93
Downside Target	55.30
Upside Target	58.26
Upside Target	58.89
Upside Target	58.99
Upside Target	59.03
Upside Target	59.39
Upside Target	59.65
Upside Target	61.26
Upside Target	61.37

Intraday share price targets for Proshares Ultra (BIB)

Target Type	Value
Downside Intraday Target	55.19
Downside Intraday Target	53.77
Upside Intraday Target	58.15
Upside Intraday Target	59.69
Upside Intraday Target	56.73

Weekly technical analysis of Proshares Ultra (BIB)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Feb 2024	56.62	56.31	58.26	55.30	0.388 times
02 Fri Feb 2024	57.06	57.56	59.65	56.50	5.062 times
26 Fri Jan 2024	57.64	56.98	59.03	56.98	0.871 times
19 Fri Jan 2024	57.55	58.99	58.99	56.33	7.993 times
12 Fri Jan 2024	59.55	60.63	61.26	59.39	0.051 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Proshares Ultra (BIB)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Fri Feb 2024	56.62	56.74	58.72	55.30	0.393 times
31 Wed Jan 2024	57.11	56.26	61.37	56.03	1.577 times
29 Fri Dec 2023	57.05	45.19	58.89	44.64	1.3 times
30 Thu Nov 2023	45.36	42.12	46.43	40.54	2.033 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Proshares Ultra (BIB)

Price action analysis of Proshares Ultra ( (BIB) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Proshares Ultra ( (BIB) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Proshares Ultra ( (BIB) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Proshares Ultra ( (BIB) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Proshares Ultra stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Proshares Ultra in short term but the sell signal is initial and weak.

Proshares Ultra Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Proshares Ultra in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Proshares Ultra is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 58.12 and Proshares Ultra (BIB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Proshares Ultra (BIB) stock. Volume based technical analysis of Proshares Ultra (BIB) stock is negative.

Proshares Ultra Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.