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

(BIB) Proshares Ultra complete technical analysis [charts+indicators] | Buy/Sell Proshares Ultra | (BIB) share price targets

Complete technical analysis of Proshares Ultra (BIB) by charts plus indicators, forecast predictions and share price targets for Proshares Ultra (BIB)

Proshares Ultra trades in USA in N A sector.

Showing technical analysis as on 2024-02-02 View latest technical analysis

10 day averaged volume of Proshares Ultra is 62140

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Feb 2024	57.06	57.05	57.46	56.50	0.37 times
01 Thu Feb 2024	58.54	56.74	58.72	56.68	2.382 times
31 Wed Jan 2024	57.11	58.29	58.96	57.02	0.444 times
30 Tue Jan 2024	58.60	59.58	59.58	57.95	2.385 times
29 Mon Jan 2024	59.61	57.56	59.65	57.35	2.419 times
26 Fri Jan 2024	57.64	58.73	58.73	57.64	0.132 times
25 Thu Jan 2024	58.01	57.69	58.60	57.44	0.18 times
24 Wed Jan 2024	57.25	59.03	59.03	57.25	0.322 times
23 Tue Jan 2024	58.65	57.85	58.65	57.48	0.269 times
22 Mon Jan 2024	57.87	56.98	58.34	56.98	0.678 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 57.3, but if it comes above 57.3, then a intra day buy could be more profitable.
If you take a sell trade below 57.3, then use 57.3 as stoploss and 55.8 as target. However if you take a buy trade in stock , then use 57.3 as stoploss and 58.63 as target.

Share price targets for Proshares Ultra (BIB)

Target Type	Value
Downside Target	40.10
Downside Target	44.64
Downside Target	46.43
Downside Target	48.93
Downside Target	56.03
Upside Target	58.72
Upside Target	58.99
Upside Target	59.03
Upside Target	59.39
Upside Target	59.65
Upside Target	61.26
Upside Target	61.37

Intraday share price targets for Proshares Ultra (BIB)

Target Type	Value
Downside Intraday Target	55.82
Downside Intraday Target	54.59
Upside Intraday Target	58.97
Upside Intraday Target	60.89
Upside Intraday Target	57.74

Weekly technical analysis of Proshares Ultra (BIB)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Feb 2024	57.06	57.56	59.65	56.50	5.062 times
26 Fri Jan 2024	57.64	56.98	59.03	56.98	0.871 times
19 Fri Jan 2024	57.55	58.99	58.99	56.33	7.993 times
12 Fri Jan 2024	59.55	60.63	61.26	59.39	0.051 times
12 Fri Jan 2024	59.55	58.14	61.37	57.18	2.715 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Proshares Ultra (BIB)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Fri Feb 2024	57.06	56.74	58.72	56.50	0.185 times
31 Wed Jan 2024	57.11	56.26	61.37	56.03	1.577 times
29 Fri Dec 2023	57.05	45.19	58.89	44.64	1.3 times
30 Thu Nov 2023	45.36	42.12	46.43	40.54	2.033 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 Ultra (BIB)

Price action analysis of Proshares Ultra ( (BIB) ) 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 Ultra ( (BIB) ) 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 Ultra ( (BIB) ) 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 Ultra stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Proshares Ultra in short term but the sell signal is initial and weak.

Proshares Ultra 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 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 Ultra in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Proshares Ultra is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 58.59 and Proshares Ultra (BIB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Proshares Ultra (BIB) stock. Volume based technical analysis of Proshares Ultra (BIB) stock is negative.

Proshares Ultra 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.