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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 2024-06-28 View latest technical analysis

10 day averaged volume of Proshares Ultrashort is 3540

Date Daily Closing Price Open High Low Volume
28 Fri Jun 2024 16.65 16.30 16.80 16.30 1.864 times
27 Thu Jun 2024 16.47 16.48 16.49 16.47 0.198 times
26 Wed Jun 2024 16.51 16.40 16.51 16.40 1.356 times
25 Tue Jun 2024 16.21 15.99 16.21 15.99 1.299 times
24 Mon Jun 2024 16.15 16.30 16.37 16.05 1.441 times
21 Fri Jun 2024 16.85 16.92 16.93 16.83 1.13 times
20 Thu Jun 2024 17.32 17.74 17.82 17.32 0.593 times
18 Tue Jun 2024 17.67 17.38 17.67 17.38 1.893 times
18 Tue Jun 2024 17.67 17.38 17.67 17.38 1.893 times
17 Mon Jun 2024 17.34 17.27 17.36 17.27 0.169 times

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 16.5 as stoploss in an intra day buy trade for a target of 16.94. However, stock will show a bearish move below 16.5.

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 15.67
Upside Intraday Target 16.97
Upside Intraday Target 17.29
Downside Intraday Target 16.48

Weekly technical analysis of Proshares Ultrashort (BIS)

Date Weekly Closing Price Open High Low Volume
28 Fri Jun 2024 16.65 16.30 16.80 15.99 1.703 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, 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
28 Fri Jun 2024 16.65 17.64 17.82 15.99 0.807 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Proshares Ultrashort Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color 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 and selling is picking up 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 16.91 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Proshares Ultrashort Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color 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 and selling is picking up 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 16.91 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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