(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.
10 day averaged volume of Proshares Ultrashort is 7420
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Wed May 2024 | 19.11 | 20.04 | 20.04 | 18.82 | 0.849 times |
| 30 Tue Apr 2024 | 19.96 | 19.64 | 19.96 | 19.64 | 0.296 times |
| 29 Mon Apr 2024 | 19.54 | 20.08 | 20.08 | 19.35 | 1.024 times |
| 26 Fri Apr 2024 | 20.24 | 20.70 | 20.74 | 20.11 | 0.472 times |
| 25 Thu Apr 2024 | 20.58 | 20.31 | 20.88 | 20.30 | 1.119 times |
| 24 Wed Apr 2024 | 20.09 | 19.79 | 20.15 | 19.79 | 0.889 times |
| 23 Tue Apr 2024 | 19.94 | 20.24 | 20.24 | 19.71 | 0.822 times |
| 22 Mon Apr 2024 | 20.48 | 20.74 | 20.74 | 20.13 | 0.606 times |
| 19 Fri Apr 2024 | 20.90 | 20.90 | 21.10 | 20.87 | 1.334 times |
| 18 Thu Apr 2024 | 20.98 | 20.67 | 20.98 | 20.54 | 1.267 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 19 as stoploss in an intra day buy trade for a target of 19.76. However, stock will show a bearish move below 19.
Share price targets for Proshares Ultrashort (BIS)
| Target Type | Value |
| Downside Target | 16.37 |
| Downside Target | 16.80 |
| Downside Target | 17.76 |
| Downside Target | 18.27 |
| Downside Target | 18.82 |
| Upside Target | 19.52 |
| Upside Target | 19.71 |
| Upside Target | 19.74 |
| Upside Target | 20.04 |
| Upside Target | 20.08 |
| Upside Target | 20.88 |
| Upside Target | 21.10 |
Intraday share price targets for Proshares Ultrashort (BIS)
| Target Type | Value |
| Downside Intraday Target | 18.59 |
| Downside Intraday Target | 18.08 |
| Upside Intraday Target | 19.85 |
| Upside Intraday Target | 20.6 |
| Upside Intraday Target | 19.34 |
Weekly technical analysis of Proshares Ultrashort (BIS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Wed May 2024 | 19.11 | 20.08 | 20.08 | 18.82 | 0.555 times |
| 26 Fri Apr 2024 | 20.24 | 20.74 | 20.88 | 19.71 | 0.7 times |
| 19 Fri Apr 2024 | 20.90 | 19.52 | 21.10 | 19.52 | 0.66 times |
| 12 Fri Apr 2024 | 19.59 | 18.80 | 19.74 | 18.38 | 2.916 times |
| 05 Fri Apr 2024 | 18.87 | 18.01 | 19.10 | 17.76 | 0.286 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 |
| 01 Wed May 2024 | 19.11 | 20.04 | 20.04 | 18.82 | 0.038 times |
| 30 Tue Apr 2024 | 19.96 | 18.01 | 21.10 | 17.76 | 1.077 times |
| 28 Thu Mar 2024 | 17.58 | 17.50 | 18.43 | 16.86 | 0.364 times |
| 29 Thu Feb 2024 | 17.67 | 18.02 | 18.82 | 16.37 | 0.449 times |
Scroll below to view daily charts
Price has moved down 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 but the sell signal is initial and weak.
Proshares Ultrashort Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Proshares Ultrashort in short term and SELL signal is strong!
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
Stock of Proshares Ultrashort is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 20.26 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 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 but the sell signal is initial and weak.
Proshares Ultrashort Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Proshares Ultrashort in short term and SELL signal is strong!
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
Stock of Proshares Ultrashort is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 20.26 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.