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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.

10 day averaged volume of Proshares Ultrashort is 9560

Date Daily Closing Price Open High Low Volume
18 Thu Apr 2024 20.98 20.67 20.98 20.54 0.983 times
17 Wed Apr 2024 20.57 20.25 20.57 20.22 1.684 times
16 Tue Apr 2024 20.32 20.07 20.32 20.05 0.22 times
15 Mon Apr 2024 20.05 19.52 20.11 19.52 0.408 times
12 Fri Apr 2024 19.59 19.04 19.74 19.04 0.837 times
11 Thu Apr 2024 18.79 18.91 18.91 18.63 0.366 times
10 Wed Apr 2024 19.01 19.00 19.21 18.94 5.157 times
09 Tue Apr 2024 18.38 18.60 18.60 18.38 0.157 times
08 Mon Apr 2024 18.83 18.80 18.83 18.80 0.042 times
05 Fri Apr 2024 18.87 19.03 19.03 18.71 0.366 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 21, for a target of 19.8 or 18.79

Share price targets for Proshares Ultrashort (BIS)

Target Type Value
Downside Target 16.37
Downside Target 16.80
Downside Target 17.31
Downside Target 18.43
Downside Target 18.82
Downside Target 19.10
Downside Target 19.52
Downside Target 19.74
Downside Target 20.98
Upside Target 23.23

Intraday share price targets for Proshares Ultrashort (BIS)

Target Type Value
Downside Intraday Target 20.01
Downside Intraday Target 19.03
Upside Intraday Target 21.47
Upside Intraday Target 21.95
Downside Intraday Target 20.49

Weekly technical analysis of Proshares Ultrashort (BIS)

Date Weekly Closing Price Open High Low Volume
18 Thu Apr 2024 20.98 19.52 20.98 19.52 0.502 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
28 Thu Mar 2024 17.58 17.91 17.96 17.31 3.509 times
22 Fri Mar 2024 17.92 18.28 18.43 17.40 0.836 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
18 Thu Apr 2024 20.98 18.01 20.98 17.76 0.758 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
31 Wed Jan 2024 17.99 17.30 18.27 16.80 19.503 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Proshares Ultrashort in short term and the buy signal is strong.

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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 19.55 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Proshares Ultrashort in short term and the buy signal is strong.

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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 19.55 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

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Daily chart
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