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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.

Showing technical analysis as on 2024-08-08 View latest technical analysis

10 day averaged volume of Proshares Ultra is 19838

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	61.75	60.00	61.75	59.96	0.578 times
07 Wed Aug 2024	58.54	60.50	61.00	58.35	0.396 times
06 Tue Aug 2024	60.18	60.08	61.55	60.00	1.447 times
05 Mon Aug 2024	60.04	58.09	60.90	57.57	1.074 times
02 Fri Aug 2024	63.59	63.22	64.52	62.19	1.137 times
01 Thu Aug 2024	65.92	66.21	66.85	65.45	1.225 times
31 Wed Jul 2024	66.79	67.75	68.61	66.43	1.666 times
30 Tue Jul 2024	67.03	68.43	68.43	66.47	0.426 times
29 Mon Jul 2024	67.75	68.23	68.62	67.24	0.497 times
26 Fri Jul 2024	68.41	67.42	69.56	67.42	0.786 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 62.4, but if it comes above 62.4, then a intra day buy could be more profitable.
If you take a sell trade below 62.4, then use 62.4 as stoploss and 59 as target. However if you take a buy trade in stock , then use 62.4 as stoploss and 65.26 as target.

Share price targets for Proshares Ultra (BIB)

Target Type	Value
Downside Target	47.20
Downside Target	51.00
Downside Target	56.00
Downside Target	61.75
Upside Target	64.47
Upside Target	65.14
Upside Target	66.85
Upside Target	67.32
Upside Target	68.62
Upside Target	69.07
Upside Target	69.56

Intraday share price targets for Proshares Ultra (BIB)

Target Type	Value
Downside Intraday Target	58.96
Downside Intraday Target	56.18
Upside Intraday Target	63.14
Upside Intraday Target	64.54
Downside Intraday Target	60.36

Weekly technical analysis of Proshares Ultra (BIB)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	61.75	58.09	61.75	57.57	0.706 times
02 Fri Aug 2024	63.59	68.23	68.62	62.19	1.371 times
26 Fri Jul 2024	68.41	66.01	69.56	65.14	0.699 times
19 Fri Jul 2024	65.21	66.20	69.07	64.47	1.077 times
12 Fri Jul 2024	66.20	58.56	67.32	58.56	6.65 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
08 Thu Aug 2024	61.75	66.21	66.85	57.57	0.318 times
31 Wed Jul 2024	66.79	58.61	69.56	56.71	1.062 times
28 Fri Jun 2024	59.26	56.00	62.57	56.00	0.799 times
31 Fri May 2024	56.09	51.00	59.18	51.00	0.802 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 Ultra (BIB)

Price action analysis of Proshares Ultra ( (BIB) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Proshares Ultra ( (BIB) ) 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 Ultra ( (BIB) ) 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 Ultra ( (BIB) ) 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 Ultra stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Proshares Ultra in short term but the sell signal is initial and weak.

Proshares Ultra Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Proshares Ultra in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 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 63.99 and Proshares Ultra (BIB) 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 Ultra (BIB) stock. Volume based technical analysis of Proshares Ultra (BIB) stock is negative.

Proshares Ultra Stock has given negative 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.