(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 2024-03-08 View latest technical analysis
10 day averaged volume of Proshares Ultrashort is 5210
Date | Daily Closing Price | Open | High | Low | Volume |
08 Fri Mar 2024 | 17.40 | 17.53 | 17.53 | 17.13 | 3.282 times |
07 Thu Mar 2024 | 17.57 | 17.46 | 17.57 | 17.46 | 0.096 times |
06 Wed Mar 2024 | 17.54 | 17.43 | 17.59 | 17.43 | 0.365 times |
05 Tue Mar 2024 | 17.64 | 17.40 | 17.71 | 17.40 | 0.25 times |
04 Mon Mar 2024 | 17.37 | 16.99 | 17.38 | 16.99 | 0.864 times |
01 Fri Mar 2024 | 16.94 | 17.50 | 17.50 | 16.86 | 1.017 times |
29 Thu Feb 2024 | 17.67 | 16.79 | 17.67 | 16.79 | 0.979 times |
28 Wed Feb 2024 | 16.94 | 16.48 | 16.94 | 16.48 | 3.282 times |
27 Tue Feb 2024 | 16.46 | 16.86 | 16.86 | 16.37 | 1.152 times |
26 Mon Feb 2024 | 16.90 | 17.14 | 17.14 | 16.88 | 1.305 times |
Stock of Proshares Ultrashort (BIS) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 17.1 or till 16.4. Use a stoploss of 17.56 and if the stock hits stoploss, then it can shoot up till 18.07
Share price targets for Proshares Ultrashort (BIS)
Target Type | Value |
Downside Target | 16.37 |
Downside Target | 16.80 |
Upside Target | 17.48 |
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 | 17.02 |
Downside Intraday Target | 16.65 |
Upside Intraday Target | 17.74 |
Upside Intraday Target | 18.09 |
Downside Intraday Target | 17.37 |
Weekly technical analysis of Proshares Ultrashort (BIS)
Date | Weekly Closing Price | Open | High | Low | Volume |
08 Fri Mar 2024 | 17.40 | 16.99 | 17.71 | 16.99 | 0.628 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 |
08 Fri Mar 2024 | 17.40 | 17.50 | 17.71 | 16.86 | 0.073 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 BUY signal for Proshares Ultrashort in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Proshares Ultrashort Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Proshares Ultrashort in short term but SELL 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
Stock of Proshares Ultrashort is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 17.13 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 rising upwards.
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 is giving positive 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 BUY signal for Proshares Ultrashort in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Proshares Ultrashort Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Proshares Ultrashort in short term but SELL 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
Stock of Proshares Ultrashort is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 17.13 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 rising upwards.
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 is giving positive 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.