(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 2024-08-22 View latest technical analysis
10 day averaged volume of Proshares Ultrashort is 10790
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 14.71 | 14.62 | 14.79 | 14.61 | 1.131 times |
| 21 Wed Aug 2024 | 14.44 | 14.45 | 14.45 | 14.40 | 0.945 times |
| 20 Tue Aug 2024 | 14.57 | 14.45 | 14.68 | 14.45 | 1.779 times |
| 19 Mon Aug 2024 | 14.57 | 14.98 | 14.98 | 14.55 | 3.531 times |
| 16 Fri Aug 2024 | 15.22 | 15.09 | 15.23 | 15.09 | 0.672 times |
| 15 Thu Aug 2024 | 15.20 | 15.25 | 15.26 | 15.19 | 0.936 times |
| 14 Wed Aug 2024 | 15.69 | 15.65 | 15.69 | 15.65 | 0.602 times |
| 13 Tue Aug 2024 | 15.51 | 15.61 | 15.61 | 15.44 | 0.853 times |
| 12 Mon Aug 2024 | 15.89 | 15.85 | 15.96 | 15.85 | 0.306 times |
| 09 Fri Aug 2024 | 15.84 | 15.66 | 15.89 | 15.66 | 0.144 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 14.6 as stoploss in an intra day buy trade for a target of 15.26. However, stock will show a bearish move below 14.6.
Share price targets for Proshares Ultrashort (BIS)
| Target Type | Value |
| Downside Target | 14.07 |
| Upside Target | 14.97 |
| Upside Target | 15.66 |
| 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 | 14.41 |
| Downside Intraday Target | 14.12 |
| Upside Intraday Target | 14.99 |
| Upside Intraday Target | 15.28 |
| Downside Intraday Target | 14.7 |
Weekly technical analysis of Proshares Ultrashort (BIS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 14.71 | 14.98 | 14.98 | 14.40 | 2.193 times |
| 16 Fri Aug 2024 | 15.22 | 15.85 | 15.96 | 15.09 | 1.463 times |
| 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 |
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 |
| 22 Thu Aug 2024 | 14.71 | 14.85 | 16.72 | 14.40 | 1.083 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 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 weakening, and bulls are picking up momentum!
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 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 14.86 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 weakening, and bulls are picking up momentum!
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 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 14.86 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.