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

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

Proshares Ultrashort trades in USA in N A sector.

Showing technical analysis as on 2024-03-04 View latest technical analysis

10 day averaged volume of Proshares Ultrashort is 7670

Date Daily Closing Price Open High Low Volume
04 Mon Mar 2024 17.37 16.99 17.38 16.99 0.587 times
01 Fri Mar 2024 16.94 17.50 17.50 16.86 0.691 times
29 Thu Feb 2024 17.67 16.79 17.67 16.79 0.665 times
28 Wed Feb 2024 16.94 16.48 16.94 16.48 2.229 times
27 Tue Feb 2024 16.46 16.86 16.86 16.37 0.782 times
26 Mon Feb 2024 16.90 17.14 17.14 16.88 0.887 times
23 Fri Feb 2024 17.19 17.14 17.26 17.08 0.469 times
22 Thu Feb 2024 17.47 17.88 17.88 17.29 2.295 times
21 Wed Feb 2024 17.95 17.95 18.10 17.95 1.069 times
20 Tue Feb 2024 18.03 17.75 18.12 17.72 0.561 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 17.1 as stoploss in an intra day buy trade for a target of 17.67. However, stock will show a bearish move below 17.1.

Share price targets for Proshares Ultrashort (BIS)

Target Type Value
Downside Target 16.37
Downside Target 16.80
Upside Target 17.67
Upside Target 18.12
Upside Target 18.27
Upside Target 18.56
Upside Target 18.82
Upside Target 23.04
Upside Target 23.23
Upside Target 26.07

Intraday share price targets for Proshares Ultrashort (BIS)

Target Type Value
Downside Intraday Target 17.11
Downside Intraday Target 16.86
Upside Intraday Target 17.5
Upside Intraday Target 17.64
Downside Intraday Target 17.25

Weekly technical analysis of Proshares Ultrashort (BIS)

Date Weekly Closing Price Open High Low Volume
04 Mon Mar 2024 17.37 16.99 17.38 16.99 0.112 times
01 Fri Mar 2024 16.94 17.14 17.67 16.37 1.196 times
23 Fri Feb 2024 17.19 17.75 18.12 17.08 0.744 times
16 Fri Feb 2024 17.82 18.03 18.82 17.61 1.208 times
09 Fri Feb 2024 18.13 17.92 18.56 17.63 0.045 times

Price has moved up 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 Ultrashort (BIS)

Date Monthly Closing Price Open High Low Volume
04 Mon Mar 2024 17.37 17.50 17.50 16.86 0.023 times
29 Thu Feb 2024 17.67 18.02 18.82 16.37 0.449 times
31 Wed Jan 2024 17.99 17.30 18.27 16.80 19.503 times
29 Fri Dec 2023 18.07 23.13 23.23 17.48 0.446 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 Ultrashort (BIS)

Price action analysis of Proshares Ultrashort ( (BIS) ) based on a short 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.

Price action analysis of Proshares Ultrashort ( (BIS) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Proshares Ultrashort ( (BIS) ) based on a short to mid 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 Ultrashort ( (BIS) ) based on a mid to longer 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.

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

MACD generated a SELL signal for Proshares Ultrashort in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Proshares Ultrashort Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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

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

RSI is generating a BUY signal in short term and the buying is gaining 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 Ultrashort is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 17.27 and Proshares Ultrashort (BIS) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

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

Proshares Ultrashort 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.

Price action analysis of Proshares Ultrashort ( (BIS) ) based on a short 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.

Price action analysis of Proshares Ultrashort ( (BIS) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Proshares Ultrashort ( (BIS) ) based on a short to mid 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 Ultrashort ( (BIS) ) based on a mid to longer 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.

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

MACD generated a SELL signal for Proshares Ultrashort in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Proshares Ultrashort Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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

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

RSI is generating a BUY signal in short term and the buying is gaining 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 Ultrashort is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 17.27 and Proshares Ultrashort (BIS) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

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

Proshares Ultrashort 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.

Daily charts

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