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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.

Showing technical analysis as on 2024-09-19 View latest technical analysis

10 day averaged volume of Proshares Ultrashort is 16199

Date Daily Closing Price Open High Low Volume
19 Thu Sep 2024 14.29 14.22 14.34 14.05 6.686 times
18 Wed Sep 2024 14.58 14.47 14.58 14.16 0.284 times
17 Tue Sep 2024 14.50 14.43 14.58 14.28 2.79 times
16 Mon Sep 2024 14.40 14.30 14.42 14.26 0.945 times
13 Fri Sep 2024 14.41 14.70 14.70 14.39 1.358 times
12 Thu Sep 2024 14.87 15.19 15.19 14.81 1.222 times
11 Wed Sep 2024 14.93 15.22 15.22 14.93 0.086 times
10 Tue Sep 2024 15.04 15.20 15.20 15.02 0.87 times
09 Mon Sep 2024 15.18 15.32 15.32 14.96 1.691 times
06 Fri Sep 2024 15.62 15.12 15.78 15.12 0.71 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 trade for tomorrow is selective. Take a sell trade only if stock stays below 14.4, but if it comes above 14.4, then a intra day buy could be more profitable.
If you take a sell trade below 14.4, then use 14.4 as stoploss and 13.9 as target. However if you take a buy trade in stock , then use 14.4 as stoploss and 14.71 as target.

Share price targets for Proshares Ultrashort (BIS)

Target Type Value
Downside Target 14.05
Upside Target 15.32
Upside Target 15.78
Upside Target 15.99
Upside Target 16.72
Upside Target 16.99
Upside Target 17.29
Upside Target 17.82
Upside Target 20.04

Intraday share price targets for Proshares Ultrashort (BIS)

Target Type Value
Downside Intraday Target 14.03
Downside Intraday Target 13.78
Upside Intraday Target 14.56
Upside Intraday Target 14.84
Upside Intraday Target 14.31

Weekly technical analysis of Proshares Ultrashort (BIS)

Date Weekly Closing Price Open High Low Volume
19 Thu Sep 2024 14.29 14.30 14.58 14.05 2.047 times
13 Fri Sep 2024 14.41 15.32 15.32 14.39 1.87 times
06 Fri Sep 2024 15.62 14.29 15.78 14.27 0.707 times
30 Fri Aug 2024 14.48 14.42 14.74 14.42 0.545 times
30 Fri Aug 2024 14.48 14.24 14.74 14.13 1.202 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
19 Thu Sep 2024 14.29 14.29 15.78 14.05 0.776 times
30 Fri Aug 2024 14.48 14.85 16.72 14.13 2.215 times
31 Wed Jul 2024 14.69 16.40 17.29 14.07 1.862 times
28 Fri Jun 2024 16.65 17.64 17.82 15.99 0.807 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 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 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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 14.58 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 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 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 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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 14.58 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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