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

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

Proshares Ultra trades in USA in N A sector.

10 day averaged volume of Proshares Ultra is 23950

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon May 2024	55.36	55.30	56.00	54.53	1.39 times
03 Fri May 2024	55.70	55.42	56.34	55.30	2.359 times
02 Thu May 2024	53.74	53.31	54.16	52.36	0.731 times
01 Wed May 2024	52.58	51.00	53.70	51.00	0.914 times
30 Tue Apr 2024	50.45	50.90	51.20	50.35	0.468 times
29 Mon Apr 2024	51.39	49.65	52.00	49.65	1.846 times
26 Fri Apr 2024	49.66	48.86	49.98	48.84	0.351 times
25 Thu Apr 2024	48.94	49.75	49.75	47.98	1.177 times
24 Wed Apr 2024	50.12	50.90	50.90	49.91	0.53 times
23 Tue Apr 2024	50.33	49.66	51.00	49.66	0.956 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 53.6, but if it comes below 53.6, then a intra day sell could be more profitable.
If you take a sell trade below 53.6, then use 53.6 as stoploss and 51.25 as target. However if you take a buy trade in stock , then use 53.6 as stoploss and 56.4 as target.

Share price targets for Proshares Ultra (BIB)

Target Type	Value
Downside Target	47.20
Downside Target	49.65
Downside Target	50.95
Downside Target	54.21
Upside Target	56.00
Upside Target	56.03
Upside Target	56.34
Upside Target	57.21
Upside Target	60.63
Upside Target	61.37
Upside Target	62.45

Intraday share price targets for Proshares Ultra (BIB)

Target Type	Value
Downside Intraday Target	54.59
Downside Intraday Target	53.83
Upside Intraday Target	56.06
Upside Intraday Target	56.77
Downside Intraday Target	55.3

Weekly technical analysis of Proshares Ultra (BIB)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon May 2024	55.36	55.30	56.00	54.53	0.22 times
03 Fri May 2024	55.70	49.65	56.34	49.65	1.715 times
26 Fri Apr 2024	49.66	48.52	51.00	47.98	1.441 times
19 Fri Apr 2024	48.20	51.61	51.82	47.20	0.285 times
12 Fri Apr 2024	51.31	53.49	54.84	50.95	1.83 times

Price has moved down 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 Ultra (BIB)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Mon May 2024	55.36	51.00	56.34	51.00	0.241 times
30 Tue Apr 2024	50.45	57.21	57.21	47.20	0.514 times
28 Thu Mar 2024	57.54	58.59	60.63	54.69	1.539 times
29 Thu Feb 2024	57.80	56.74	62.45	54.21	0.733 times

Scroll below to view daily charts

Price has moved up 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 Ultra (BIB)

Price action analysis of Proshares Ultra ( (BIB) ) 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 Ultra ( (BIB) ) based on a short to mid 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 Ultra ( (BIB) ) 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 Ultra stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Proshares Ultra 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 Ultra 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 coming down

CCI has generated a SELL signal for Proshares Ultra 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Proshares Ultra is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 52.59 and Proshares Ultra (BIB) 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 Ultra (BIB) stock. Volume based technical analysis of Proshares Ultra (BIB) stock is negative.

Proshares Ultra 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.