(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 2024-06-26 View latest technical analysis
10 day averaged volume of Proshares Ultrashort is 3140
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Wed Jun 2024 | 16.51 | 16.40 | 16.51 | 16.40 | 1.529 times |
| 25 Tue Jun 2024 | 16.21 | 15.99 | 16.21 | 15.99 | 1.465 times |
| 24 Mon Jun 2024 | 16.15 | 16.30 | 16.37 | 16.05 | 1.624 times |
| 21 Fri Jun 2024 | 16.85 | 16.92 | 16.93 | 16.83 | 1.274 times |
| 20 Thu Jun 2024 | 17.32 | 17.74 | 17.82 | 17.32 | 0.669 times |
| 18 Tue Jun 2024 | 17.67 | 17.38 | 17.67 | 17.38 | 2.134 times |
| 18 Tue Jun 2024 | 17.67 | 17.38 | 17.67 | 17.38 | 2.134 times |
| 17 Mon Jun 2024 | 17.34 | 17.27 | 17.36 | 17.27 | 0.191 times |
| 14 Fri Jun 2024 | 17.07 | 17.07 | 17.07 | 17.07 | 0.032 times |
| 13 Thu Jun 2024 | 16.84 | 16.84 | 16.84 | 16.78 | 0.064 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 16.6, but if it comes above 16.6, then a intra day buy could be more profitable.
If you take a sell trade below 16.6, then use 16.6 as stoploss and 16 as target. However if you take a buy trade in stock , then use 16.6 as stoploss and 17.08 as target.
Share price targets for Proshares Ultrashort (BIS)
| Target Type | Value |
| Downside Target | 15.99 |
| Downside Target | 16.37 |
| Upside Target | 17.64 |
| Upside Target | 17.67 |
| Upside Target | 17.76 |
| Upside Target | 17.82 |
| Upside Target | 18.43 |
| Upside Target | 18.82 |
| Upside Target | 20.04 |
| Upside Target | 21.10 |
Intraday share price targets for Proshares Ultrashort (BIS)
| Target Type | Value |
| Downside Intraday Target | 16.16 |
| Downside Intraday Target | 15.82 |
| Upside Intraday Target | 16.68 |
| Upside Intraday Target | 16.86 |
| Downside Intraday Target | 16.34 |
Weekly technical analysis of Proshares Ultrashort (BIS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Wed Jun 2024 | 16.51 | 16.30 | 16.51 | 15.99 | 1.133 times |
| 21 Fri Jun 2024 | 16.85 | 17.38 | 17.82 | 16.83 | 1.753 times |
| 18 Tue Jun 2024 | 17.67 | 17.27 | 17.67 | 17.27 | 0.723 times |
| 14 Fri Jun 2024 | 17.07 | 17.23 | 17.23 | 16.45 | 0.236 times |
| 07 Fri Jun 2024 | 17.08 | 17.64 | 17.64 | 16.72 | 1.157 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 |
| 26 Wed Jun 2024 | 16.51 | 17.64 | 17.82 | 15.99 | 0.745 times |
| 31 Fri May 2024 | 17.94 | 20.04 | 20.04 | 16.99 | 0.715 times |
| 30 Tue Apr 2024 | 19.96 | 18.01 | 21.10 | 17.76 | 1.077 times |
| 28 Thu Mar 2024 | 17.58 | 17.50 | 18.43 | 16.86 | 0.364 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 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 Weak and stock is losing 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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Proshares Ultrashort in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 16.97 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 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 Weak and stock is losing 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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Proshares Ultrashort in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 16.97 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.