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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.

10 day averaged volume of Proshares Ultrashort is 7430

Date Daily Closing Price Open High Low Volume
27 Wed Mar 2024 17.44 17.76 17.76 17.43 4.859 times
26 Tue Mar 2024 17.94 17.74 17.96 17.74 1.454 times
25 Mon Mar 2024 17.94 17.91 17.95 17.86 3.472 times
22 Fri Mar 2024 17.92 17.85 17.92 17.80 0.485 times
21 Thu Mar 2024 17.61 17.53 17.61 17.40 0.229 times
20 Wed Mar 2024 17.80 18.18 18.20 17.77 0.848 times
19 Tue Mar 2024 18.11 18.19 18.22 18.11 0.229 times
18 Mon Mar 2024 18.43 18.28 18.43 18.09 1.09 times
15 Fri Mar 2024 18.18 18.23 18.25 18.12 0.767 times
14 Thu Mar 2024 18.23 17.80 18.23 17.80 0.727 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, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 17.4 as stoploss in an intra day buy trade for a target of 17.72. However, stock will show a bearish move below 17.4.

Share price targets for Proshares Ultrashort (BIS)

Target Type Value
Downside Target 16.37
Downside Target 16.80
Upside Target 17.96
Upside Target 18.25
Upside Target 18.27
Upside Target 18.43
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 17.26
Downside Intraday Target 17.08
Upside Intraday Target 17.79
Upside Intraday Target 18.14
Upside Intraday Target 17.61

Weekly technical analysis of Proshares Ultrashort (BIS)

Date Weekly Closing Price Open High Low Volume
27 Wed Mar 2024 17.44 17.91 17.96 17.43 3.397 times
22 Fri Mar 2024 17.92 18.28 18.43 17.40 0.836 times
15 Fri Mar 2024 18.18 17.31 18.25 17.31 1.012 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Proshares Ultrashort (BIS)

Date Monthly Closing Price Open High Low Volume
27 Wed Mar 2024 17.44 17.50 18.43 16.86 0.358 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 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 to mid 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 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 Ultrashort stock for short term is SELL. 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.

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. 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 coming down

CCI has generated a SELL signal for Proshares Ultrashort in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 17.82 and Proshares Ultrashort (BIS) 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 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 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 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 to mid 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 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 Ultrashort stock for short term is SELL. 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.

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. 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 coming down

CCI has generated a SELL signal for Proshares Ultrashort in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 17.82 and Proshares Ultrashort (BIS) 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 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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Daily chart
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