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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 2024-11-07 View latest technical analysis

10 day averaged volume of Proshares Ultrashort is 10470

Date Daily Closing Price Open High Low Volume
07 Thu Nov 2024 14.54 14.76 14.76 14.46 2.159 times
06 Wed Nov 2024 14.92 14.71 15.11 14.71 2.283 times
05 Tue Nov 2024 15.19 15.62 15.65 15.18 1.643 times
04 Mon Nov 2024 15.50 15.47 15.76 15.39 1.012 times
01 Fri Nov 2024 15.54 15.82 15.82 15.54 0.449 times
31 Thu Oct 2024 15.96 15.89 15.96 15.75 0.583 times
30 Wed Oct 2024 15.49 15.50 15.50 15.33 0.888 times
29 Tue Oct 2024 15.32 15.32 15.34 15.32 0.372 times
28 Mon Oct 2024 15.24 15.06 15.27 15.04 1.261 times
25 Fri Oct 2024 15.54 15.31 15.54 15.29 0.984 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 14.4 as target. However if you take a buy trade in stock , then use 14.8 as stoploss and 15.18 as target.

Share price targets for Proshares Ultrashort (BIS)

Target Type Value
Downside Target 14.05
Downside Target 14.46
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 14.08
Downside Intraday Target 13.62
Upside Intraday Target 15.38
Upside Intraday Target 16.22
Upside Intraday Target 14.92

Weekly technical analysis of Proshares Ultrashort (BIS)

Date Weekly Closing Price Open High Low Volume
07 Thu Nov 2024 14.54 15.47 15.76 14.46 1.997 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, 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
07 Thu Nov 2024 14.54 15.82 15.82 14.46 0.387 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL signal in short term and selling is picking up 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 15.16 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL signal in short term and selling is picking up 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 15.16 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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