Mobile app version of munafamantra.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-09-06 View latest technical analysis

10 day averaged volume of Proshares Ultrashort is 23360

Date Daily Closing Price Open High Low Volume
06 Fri Sep 2024 15.62 15.12 15.78 15.12 0.492 times
05 Thu Sep 2024 15.24 15.19 15.33 15.19 0.03 times
04 Wed Sep 2024 15.02 15.02 15.03 14.96 0.086 times
03 Tue Sep 2024 14.98 14.29 14.98 14.27 1.331 times
30 Fri Aug 2024 14.48 14.42 14.74 14.42 2.744 times
30 Fri Aug 2024 14.48 14.42 14.74 14.42 2.744 times
29 Thu Aug 2024 14.45 14.46 14.46 14.13 1.237 times
28 Wed Aug 2024 14.46 14.33 14.57 14.33 0.368 times
27 Tue Aug 2024 14.48 14.40 14.58 14.40 0.381 times
26 Mon Aug 2024 14.38 14.24 14.44 14.24 0.304 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 15.4, but if it comes below 15.4, then a intra day sell could be more profitable.
If you take a sell trade below 15.4, then use 15.4 as stoploss and 14.89 as target. However if you take a buy trade in stock , then use 15.4 as stoploss and 16 as target.

Share price targets for Proshares Ultrashort (BIS)

Target Type Value
Downside Target 14.07
Downside Target 14.74
Upside Target 15.78
Upside Target 15.96
Upside Target 15.99
Upside Target 16.72
Upside Target 16.99
Upside Target 17.29
Upside Target 17.82
Upside Target 20.04

Intraday share price targets for Proshares Ultrashort (BIS)

Target Type Value
Downside Intraday Target 14.67
Downside Intraday Target 13.71
Upside Intraday Target 16.18
Upside Intraday Target 16.73
Downside Intraday Target 15.22

Weekly technical analysis of Proshares Ultrashort (BIS)

Date Weekly Closing Price Open High Low Volume
06 Fri Sep 2024 15.62 14.29 15.78 14.27 0.707 times
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

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
06 Fri Sep 2024 15.62 14.29 15.78 14.27 0.116 times
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

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 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 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 BUY. Signal strength is Strong and stock is gaining 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 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 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 14.61 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 positive

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 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 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 BUY. Signal strength is Strong and stock is gaining 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 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 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 14.61 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme