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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 2024-10-24 View latest technical analysis

10 day averaged volume of Proshares Ultrashort is 12260

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	15.59	15.51	15.59	15.25	0.449 times
23 Wed Oct 2024	15.54	15.45	15.59	15.45	0.979 times
22 Tue Oct 2024	15.15	15.11	15.15	15.11	0.082 times
21 Mon Oct 2024	15.15	14.76	15.20	14.76	0.465 times
18 Fri Oct 2024	14.75	14.83	14.83	14.72	0.538 times
17 Thu Oct 2024	14.74	14.60	14.75	14.60	2.423 times
16 Wed Oct 2024	14.57	14.71	14.76	14.54	2.594 times
15 Tue Oct 2024	14.89	14.94	14.95	14.80	0.498 times
14 Mon Oct 2024	14.98	15.08	15.15	14.95	0.726 times
11 Fri Oct 2024	15.06	15.61	15.61	15.05	0.734 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 15.6 as stoploss in an intra day sell trade for a target of 15.25. However, stock will show a bullish move above 15.6.

Share price targets for Proshares Ultrashort (BIS)

Target Type	Value
Downside Target	14.05
Downside Target	14.54
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	15.04
Downside Intraday Target	14.48
Upside Intraday Target	15.87
Upside Intraday Target	16.14
Downside Intraday Target	15.31

Weekly technical analysis of Proshares Ultrashort (BIS)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	15.59	14.76	15.59	14.76	0.291 times
18 Fri Oct 2024	14.75	15.08	15.15	14.54	2.289 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

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
24 Thu Oct 2024	15.59	15.29	15.89	14.54	0.454 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 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 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 BUY. Signal strength is Weak 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 stronger in this stock.

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

CCI has generated a SELL signal for Proshares Ultrashort in short term but SELL signal is weak.

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

MRSI is in negative zone. This is the SELL 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 14.89 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 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.