(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 2024-08-01 View latest technical analysis
10 day averaged volume of Proshares Ultrashort is 8021
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 14.91 | 14.85 | 14.95 | 14.85 | 3.528 times |
| 31 Wed Jul 2024 | 14.69 | 14.47 | 14.69 | 14.40 | 0.611 times |
| 30 Tue Jul 2024 | 14.63 | 14.59 | 14.66 | 14.58 | 0.511 times |
| 29 Mon Jul 2024 | 14.50 | 14.28 | 14.57 | 14.28 | 1.596 times |
| 26 Fri Jul 2024 | 14.36 | 14.07 | 14.36 | 14.07 | 0.573 times |
| 25 Thu Jul 2024 | 14.47 | 14.53 | 14.56 | 14.17 | 1.802 times |
| 24 Wed Jul 2024 | 14.83 | 14.82 | 14.87 | 14.81 | 0.125 times |
| 23 Tue Jul 2024 | 14.84 | 14.74 | 14.84 | 14.72 | 0.224 times |
| 22 Mon Jul 2024 | 14.71 | 14.68 | 14.97 | 14.67 | 0.997 times |
| 19 Fri Jul 2024 | 15.06 | 15.00 | 15.16 | 15.00 | 1.74 times |
Stock of Proshares Ultrashort (BIS) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, and stock might move down till 14.3 or till 13.5. Use a stoploss of 15.05 and if the stock hits stoploss, then it can shoot up till 15.76
Share price targets for Proshares Ultrashort (BIS)
| Target Type | Value |
| Downside Target | 14.07 |
| Downside Target | 14.57 |
| Upside Target | 15.99 |
| Upside Target | 16.63 |
| Upside Target | 16.92 |
| Upside Target | 16.99 |
| Upside Target | 17.29 |
| Upside Target | 17.76 |
| Upside Target | 17.82 |
| Upside Target | 20.04 |
| Upside Target | 21.10 |
Intraday share price targets for Proshares Ultrashort (BIS)
| Target Type | Value |
| Downside Intraday Target | 14.48 |
| Downside Intraday Target | 14.04 |
| Upside Intraday Target | 15.15 |
| Upside Intraday Target | 15.38 |
| Downside Intraday Target | 14.71 |
Weekly technical analysis of Proshares Ultrashort (BIS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 14.91 | 14.28 | 14.95 | 14.28 | 1.678 times |
| 26 Fri Jul 2024 | 14.36 | 14.68 | 14.97 | 14.07 | 0.475 times |
| 19 Fri Jul 2024 | 15.06 | 14.67 | 15.16 | 14.21 | 1.235 times |
| 12 Fri Jul 2024 | 14.85 | 16.60 | 16.63 | 14.57 | 6.443 times |
| 05 Fri Jul 2024 | 16.92 | 16.98 | 17.29 | 16.92 | 2.469 times |
Price has moved up 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 |
| 01 Thu Aug 2024 | 14.91 | 14.85 | 14.95 | 14.85 | 0.16 times |
| 31 Wed Jul 2024 | 14.69 | 16.40 | 17.29 | 14.07 | 1.862 times |
| 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 |
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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Proshares Ultrashort ( (BIS) ) based on a short to mid 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Proshares Ultrashort in short term but the buy signal is initial and weak.
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. Bulls 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 and BUY signal is strong.
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 14.74 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 rising upwards.
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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Proshares Ultrashort ( (BIS) ) based on a short to mid 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Proshares Ultrashort in short term but the buy signal is initial and weak.
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. Bulls 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 and BUY signal is strong.
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 14.74 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 rising upwards.
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.