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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 2024-10-16 View latest technical analysis

10 day averaged volume of Proshares Ultrashort is 6630

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	14.57	14.71	14.76	14.54	4.796 times
15 Tue Oct 2024	14.89	14.94	14.95	14.80	0.92 times
14 Mon Oct 2024	14.98	15.08	15.15	14.95	1.342 times
11 Fri Oct 2024	15.06	15.61	15.61	15.05	1.357 times
10 Thu Oct 2024	15.64	15.78	15.79	15.60	1.78 times
09 Wed Oct 2024	15.59	15.77	15.77	15.59	0.679 times
08 Tue Oct 2024	15.66	15.82	15.82	15.56	1.207 times
07 Mon Oct 2024	15.85	15.50	15.89	15.50	0.452 times
04 Fri Oct 2024	15.45	15.38	15.61	15.38	0.724 times
03 Thu Oct 2024	15.68	15.58	15.70	15.58	0.89 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 14.8, but if it comes above 14.8, then a intra day buy could be more profitable.
If you take a sell trade below 14.8, then use 14.8 as stoploss and 14.3 as target. However if you take a buy trade in stock , then use 14.8 as stoploss and 15.2 as target.

Share price targets for Proshares Ultrashort (BIS)

Target Type	Value
Downside Target	14.05
Downside Target	14.54
Upside Target	15.04
Upside 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	14.36
Downside Intraday Target	14.14
Upside Intraday Target	14.97
Upside Intraday Target	15.36
Upside Intraday Target	14.75

Weekly technical analysis of Proshares Ultrashort (BIS)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	14.57	15.08	15.15	14.54	1.289 times
11 Fri Oct 2024	15.06	15.50	15.89	15.05	1.941 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

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 Ultrashort (BIS)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	14.57	15.29	15.89	14.54	0.284 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 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 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 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 Strong 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 coming down

CCI has generated a SELL signal for Proshares Ultrashort in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 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 15.11 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.