(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 2024-11-06 View latest technical analysis
10 day averaged volume of Proshares Ultrashort is 9280
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 14.92 | 14.71 | 15.11 | 14.71 | 2.575 times |
| 05 Tue Nov 2024 | 15.19 | 15.62 | 15.65 | 15.18 | 1.853 times |
| 04 Mon Nov 2024 | 15.50 | 15.47 | 15.76 | 15.39 | 1.142 times |
| 01 Fri Nov 2024 | 15.54 | 15.82 | 15.82 | 15.54 | 0.506 times |
| 31 Thu Oct 2024 | 15.96 | 15.89 | 15.96 | 15.75 | 0.657 times |
| 30 Wed Oct 2024 | 15.49 | 15.50 | 15.50 | 15.33 | 1.002 times |
| 29 Tue Oct 2024 | 15.32 | 15.32 | 15.34 | 15.32 | 0.42 times |
| 28 Mon Oct 2024 | 15.24 | 15.06 | 15.27 | 15.04 | 1.422 times |
| 25 Fri Oct 2024 | 15.54 | 15.31 | 15.54 | 15.29 | 1.11 times |
| 24 Thu Oct 2024 | 15.59 | 15.51 | 15.59 | 15.25 | 0.593 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 stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 14.9 as stoploss in an intra day buy trade for a target of 15.24. However, stock will show a bearish move below 14.9.
Share price targets for Proshares Ultrashort (BIS)
| Target Type | Value |
| Downside Target | 14.05 |
| Downside Target | 14.54 |
| Upside Target | 15.59 |
| Upside Target | 15.76 |
| Upside Target | 15.78 |
| Upside Target | 15.82 |
| Upside Target | 15.89 |
| Upside Target | 15.96 |
| Upside Target | 16.72 |
| Upside Target | 17.29 |
Intraday share price targets for Proshares Ultrashort (BIS)
| Target Type | Value |
| Downside Intraday Target | 14.5 |
| Downside Intraday Target | 14.08 |
| Upside Intraday Target | 15.55 |
| Upside Intraday Target | 16.18 |
| Upside Intraday Target | 15.13 |
Weekly technical analysis of Proshares Ultrashort (BIS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 14.92 | 15.47 | 15.76 | 14.71 | 1.39 times |
| 01 Fri Nov 2024 | 15.54 | 15.06 | 15.96 | 15.04 | 1.078 times |
| 25 Fri Oct 2024 | 15.54 | 14.76 | 15.59 | 14.76 | 0.415 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 |
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 |
| 06 Wed Nov 2024 | 14.92 | 15.82 | 15.82 | 14.71 | 0.276 times |
| 31 Thu Oct 2024 | 15.96 | 15.29 | 15.96 | 14.54 | 0.574 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 |
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 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 short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Proshares Ultrashort ( (BIS) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 but the sell signal is initial and weak.
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 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 15.31 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 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 short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Proshares Ultrashort ( (BIS) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 but the sell signal is initial and weak.
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 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 15.31 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.