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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 2024-10-10 View latest technical analysis

10 day averaged volume of Proshares Ultrashort is 6650

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	15.64	15.78	15.79	15.60	1.774 times
09 Wed Oct 2024	15.59	15.77	15.77	15.59	0.677 times
08 Tue Oct 2024	15.66	15.82	15.82	15.56	1.203 times
07 Mon Oct 2024	15.85	15.50	15.89	15.50	0.451 times
04 Fri Oct 2024	15.45	15.38	15.61	15.38	0.722 times
03 Thu Oct 2024	15.68	15.58	15.70	15.58	0.887 times
02 Wed Oct 2024	15.24	15.48	15.52	15.21	0.647 times
01 Tue Oct 2024	15.22	15.29	15.49	15.21	0.436 times
30 Mon Sep 2024	15.04	15.26	15.34	15.04	0.12 times
27 Fri Sep 2024	15.21	14.97	15.21	14.97	0.872 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 15.6, but if it comes below 15.6, then a intra day sell could be more profitable.
If you take a sell trade below 15.6, then use 15.6 as stoploss and 15.12 as target. However if you take a buy trade in stock , then use 15.6 as stoploss and 16.2 as target.

Share price targets for Proshares Ultrashort (BIS)

Target Type	Value
Downside Target	14.05
Downside Target	15.04
Downside Target	15.52
Upside Target	15.70
Upside Target	15.78
Upside Target	15.89
Upside Target	15.99
Upside Target	16.72
Upside Target	17.29
Upside Target	17.82

Intraday share price targets for Proshares Ultrashort (BIS)

Target Type	Value
Downside Intraday Target	15.46
Downside Intraday Target	15.29
Upside Intraday Target	15.85
Upside Intraday Target	16.07
Upside Intraday Target	15.68

Weekly technical analysis of Proshares Ultrashort (BIS)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	15.64	15.50	15.89	15.50	1.46 times
04 Fri Oct 2024	15.45	15.26	15.70	15.04	0.398 times
27 Fri Sep 2024	15.21	14.55	15.52	14.55	0.264 times
20 Fri Sep 2024	14.50	14.30	14.60	14.05	2.104 times
13 Fri Sep 2024	14.41	15.32	15.32	14.39	1.87 times

Price has moved up 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 Ultrashort (BIS)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	15.64	15.29	15.89	15.21	0.127 times
30 Mon Sep 2024	15.04	14.29	15.78	14.05	0.91 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

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 Ultrashort (BIS)

Price action analysis of Proshares Ultrashort ( (BIS) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Proshares Ultrashort ( (BIS) ) 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 Ultrashort ( (BIS) ) 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Proshares Ultrashort in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Proshares Ultrashort Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Proshares Ultrashort in short term and BUY 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

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 15.52 and Proshares Ultrashort (BIS) 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 Ultrashort (BIS) stock. Volume based technical analysis of Proshares Ultrashort (BIS) stock is negative.

Proshares Ultrashort Stock is giving positive 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.