(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 4780
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 18.18 | 18.11 | 18.31 | 18.11 | 0.753 times |
| 07 Tue May 2024 | 18.02 | 18.00 | 18.02 | 18.00 | 0.063 times |
| 06 Mon May 2024 | 18.10 | 17.83 | 18.22 | 17.83 | 0.146 times |
| 03 Fri May 2024 | 17.99 | 17.86 | 18.08 | 17.76 | 1.799 times |
| 02 Thu May 2024 | 18.59 | 19.10 | 19.13 | 18.50 | 0.774 times |
| 01 Wed May 2024 | 19.11 | 20.04 | 20.04 | 18.82 | 1.318 times |
| 30 Tue Apr 2024 | 19.96 | 19.64 | 19.96 | 19.64 | 0.46 times |
| 29 Mon Apr 2024 | 19.54 | 20.08 | 20.08 | 19.35 | 1.59 times |
| 26 Fri Apr 2024 | 20.24 | 20.70 | 20.74 | 20.11 | 0.732 times |
| 25 Thu Apr 2024 | 20.58 | 20.31 | 20.88 | 20.30 | 1.736 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 18.6, but if it comes above 18.6, then a intra day buy could be more profitable.
If you take a sell trade below 18.6, then use 18.6 as stoploss and 17.4 as target. However if you take a buy trade in stock , then use 18.6 as stoploss and 19.6 as target.
Share price targets for Proshares Ultrashort (BIS)
| Target Type | Value |
| Downside Target | 16.37 |
| Downside Target | 16.80 |
| Downside Target | 17.76 |
| Upside Target | 18.27 |
| Upside 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 | 17.9 |
| Downside Intraday Target | 17.63 |
| Upside Intraday Target | 18.38 |
| Upside Intraday Target | 18.59 |
| Downside Intraday Target | 18.11 |
Weekly technical analysis of Proshares Ultrashort (BIS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 18.18 | 17.83 | 18.31 | 17.83 | 0.162 times |
| 03 Fri May 2024 | 17.99 | 20.08 | 20.08 | 17.76 | 0.979 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 |
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 |
| 08 Wed May 2024 | 18.18 | 20.04 | 20.04 | 17.76 | 0.141 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Proshares Ultrashort stock for short term is SELL. Signal strength is Strong 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 and selling is picking up 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 19.23 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Proshares Ultrashort stock for short term is SELL. Signal strength is Strong 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 and selling is picking up 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 19.23 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.