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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 10520

Date Daily Closing Price Open High Low Volume
28 Thu Mar 2024 17.58 17.32 17.58 17.31 0.228 times
27 Wed Mar 2024 17.44 17.76 17.76 17.43 3.432 times
26 Tue Mar 2024 17.94 17.74 17.96 17.74 1.027 times
25 Mon Mar 2024 17.94 17.91 17.95 17.86 2.452 times
22 Fri Mar 2024 17.92 17.85 17.92 17.80 0.342 times
21 Thu Mar 2024 17.61 17.53 17.61 17.40 0.162 times
20 Wed Mar 2024 17.80 18.18 18.20 17.77 0.599 times
19 Tue Mar 2024 18.11 18.19 18.22 18.11 0.162 times
18 Mon Mar 2024 18.43 18.28 18.43 18.09 0.77 times
15 Fri Mar 2024 18.18 18.23 18.25 18.12 0.542 times

My analysis of stock is bearish for shortterm, and stock might move down till 17.4 or till 17. Use a stoploss of 17.71 and if the stock hits stoploss, then it can shoot up till 18.06

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 17.27
Downside Intraday Target 16.97
Upside Intraday Target 17.92
Upside Intraday Target 18.27
Upside Intraday Target 17.62

Weekly technical analysis of Proshares Ultrashort (BIS)

Date Weekly Closing Price Open High Low Volume
28 Thu Mar 2024 17.58 17.91 17.96 17.31 3.509 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
28 Thu Mar 2024 17.58 17.50 18.43 16.86 0.364 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 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 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 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 Ultrashort ( (BIS) ) based on a mid to longer 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.

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

Proshares Ultrashort 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 SELL signal for Proshares Ultrashort in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 17.8 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 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 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 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 Ultrashort ( (BIS) ) based on a mid to longer 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.

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

Proshares Ultrashort 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 SELL signal for Proshares Ultrashort in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 17.8 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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