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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 2024-08-30 View latest technical analysis

10 day averaged volume of Proshares Ultrashort is 21540

Date Daily Closing Price Open High Low Volume
30 Fri Aug 2024 14.48 14.42 14.74 14.42 2.976 times
30 Fri Aug 2024 14.48 14.42 14.74 14.42 2.976 times
29 Thu Aug 2024 14.45 14.46 14.46 14.13 1.342 times
28 Wed Aug 2024 14.46 14.33 14.57 14.33 0.399 times
27 Tue Aug 2024 14.48 14.40 14.58 14.40 0.413 times
26 Mon Aug 2024 14.38 14.24 14.44 14.24 0.33 times
23 Fri Aug 2024 14.45 14.61 14.66 14.33 0.84 times
22 Thu Aug 2024 14.71 14.62 14.79 14.61 0.566 times
21 Wed Aug 2024 14.44 14.45 14.45 14.40 0.474 times
20 Tue Aug 2024 14.57 14.45 14.68 14.45 0.891 times

Stock of Proshares Ultrashort (BIS) has showed a significant fall. This could be a good time to exit from this stock.

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 14.4 as stoploss in an intra day buy trade for a target of 15.07. However, stock will show a bearish move below 14.4.

Share price targets for Proshares Ultrashort (BIS)

Target Type Value
Downside Target 14.07
Upside Target 14.74
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 14.35
Downside Intraday Target 14.23
Upside Intraday Target 14.67
Upside Intraday Target 14.87
Upside Intraday Target 14.55

Weekly technical analysis of Proshares Ultrashort (BIS)

Date Weekly Closing Price Open High Low Volume
30 Fri Aug 2024 14.48 14.42 14.74 14.42 0.545 times
30 Fri Aug 2024 14.48 14.24 14.74 14.13 1.202 times
23 Fri Aug 2024 14.45 14.98 14.98 14.33 2.691 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

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
30 Fri Aug 2024 14.48 14.85 16.72 14.13 2.215 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 down this month, and volume has increased substantially. This means that the move can 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 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 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 gaining 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 and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Proshares Ultrashort in short term

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 14.49 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 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 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 gaining 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 and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Proshares Ultrashort in short term

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 14.49 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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