(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 2024-03-12 View latest technical analysis
10 day averaged volume of Proshares Ultrashort is 6120
Date | Daily Closing Price | Open | High | Low | Volume |
12 Tue Mar 2024 | 17.65 | 17.64 | 17.65 | 17.55 | 1.127 times |
11 Mon Mar 2024 | 17.45 | 17.31 | 17.45 | 17.31 | 0.392 times |
08 Fri Mar 2024 | 17.40 | 17.53 | 17.53 | 17.13 | 2.794 times |
07 Thu Mar 2024 | 17.57 | 17.46 | 17.57 | 17.46 | 0.082 times |
06 Wed Mar 2024 | 17.54 | 17.43 | 17.59 | 17.43 | 0.31 times |
05 Tue Mar 2024 | 17.64 | 17.40 | 17.71 | 17.40 | 0.212 times |
04 Mon Mar 2024 | 17.37 | 16.99 | 17.38 | 16.99 | 0.735 times |
01 Fri Mar 2024 | 16.94 | 17.50 | 17.50 | 16.86 | 0.866 times |
29 Thu Feb 2024 | 17.67 | 16.79 | 17.67 | 16.79 | 0.833 times |
28 Wed Feb 2024 | 16.94 | 16.48 | 16.94 | 16.48 | 2.794 times |
My analysis of stock is bullish for shortterm, and stock might move up till 18 or till 18.6. Use a stoploss of 17.52 and if this stock hits its stoploss, then it can fall down till 17.03
Share price targets for Proshares Ultrashort (BIS)
Target Type | Value |
Downside Target | 16.37 |
Downside Target | 16.80 |
Upside Target | 17.71 |
Upside Target | 18.12 |
Upside Target | 18.27 |
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 | 17.42 |
Downside Intraday Target | 17.2 |
Upside Intraday Target | 17.76 |
Upside Intraday Target | 17.88 |
Downside Intraday Target | 17.54 |
Weekly technical analysis of Proshares Ultrashort (BIS)
Date | Weekly Closing Price | Open | High | Low | Volume |
12 Tue Mar 2024 | 17.65 | 17.31 | 17.65 | 17.31 | 0.368 times |
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 |
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 |
12 Tue Mar 2024 | 17.65 | 17.50 | 17.71 | 16.86 | 0.095 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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Proshares Ultrashort stock for short term is BUY. Signal strength is Weak and stock is gaining 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Proshares Ultrashort in short term and BUY signal is strong.
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
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 17.29 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 positive
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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Proshares Ultrashort stock for short term is BUY. Signal strength is Weak and stock is gaining 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Proshares Ultrashort in short term and BUY signal is strong.
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
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 17.29 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.