(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 2024-08-09 View latest technical analysis
10 day averaged volume of Proshares Ultrashort is 10000
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 15.84 | 15.66 | 15.89 | 15.66 | 0.155 times |
| 08 Thu Aug 2024 | 15.79 | 16.32 | 16.47 | 15.79 | 0.25 times |
| 07 Wed Aug 2024 | 16.65 | 16.00 | 16.72 | 16.00 | 0.69 times |
| 06 Tue Aug 2024 | 16.22 | 16.18 | 16.40 | 15.74 | 0.19 times |
| 05 Mon Aug 2024 | 16.32 | 16.72 | 16.72 | 16.17 | 1.2 times |
| 02 Fri Aug 2024 | 15.44 | 15.23 | 15.73 | 15.23 | 2.2 times |
| 01 Thu Aug 2024 | 14.91 | 14.85 | 14.95 | 14.85 | 2.83 times |
| 31 Wed Jul 2024 | 14.69 | 14.47 | 14.69 | 14.40 | 0.49 times |
| 30 Tue Jul 2024 | 14.63 | 14.59 | 14.66 | 14.58 | 0.41 times |
| 29 Mon Jul 2024 | 14.50 | 14.28 | 14.57 | 14.28 | 1.28 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 15.8, but if it comes below 15.8, then a intra day sell could be more profitable.
If you take a sell trade below 15.8, then use 15.8 as stoploss and 15.1 as target. However if you take a buy trade in stock , then use 15.8 as stoploss and 16.6 as target.
Share price targets for Proshares Ultrashort (BIS)
| Target Type | Value |
| Downside Target | 14.07 |
| Downside Target | 14.57 |
| Downside Target | 15.66 |
| Upside Target | 16.63 |
| Upside Target | 16.72 |
| 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 | 15.43 |
| Downside Intraday Target | 15.01 |
| Upside Intraday Target | 16.49 |
| Upside Intraday Target | 17.13 |
| Upside Intraday Target | 16.07 |
Weekly technical analysis of Proshares Ultrashort (BIS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 15.84 | 16.72 | 16.72 | 15.66 | 0.345 times |
| 02 Fri Aug 2024 | 15.44 | 14.28 | 15.73 | 14.28 | 2.415 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 |
Price has moved up 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 |
| 09 Fri Aug 2024 | 15.84 | 14.85 | 16.72 | 14.85 | 0.426 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 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 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 short to mid 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 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 BUY. Signal strength is Weak 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Proshares Ultrashort in short term but SELL 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
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 15.31 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 is giving positive 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 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 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 short to mid 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 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 BUY. Signal strength is Weak 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Proshares Ultrashort in short term but SELL 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
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 15.31 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 is giving positive 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.