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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 7040

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	19.54	20.08	20.08	19.35	1.08 times
26 Fri Apr 2024	20.24	20.70	20.74	20.11	0.497 times
25 Thu Apr 2024	20.58	20.31	20.88	20.30	1.179 times
24 Wed Apr 2024	20.09	19.79	20.15	19.79	0.938 times
23 Tue Apr 2024	19.94	20.24	20.24	19.71	0.866 times
22 Mon Apr 2024	20.48	20.74	20.74	20.13	0.639 times
19 Fri Apr 2024	20.90	20.90	21.10	20.87	1.406 times
18 Thu Apr 2024	20.98	20.67	20.98	20.54	1.335 times
17 Wed Apr 2024	20.57	20.25	20.57	20.22	2.287 times
16 Tue Apr 2024	20.32	20.07	20.32	20.05	0.298 times

My analysis of stock is bearish for shortterm, and stock might move down till 18.8 or till 17.8. Use a stoploss of 19.67 and if the stock hits stoploss, then it can shoot up till 20.5

Share price targets for Proshares Ultrashort (BIS)

Target Type	Value
Downside Target	16.37
Downside Target	16.80
Downside Target	17.48
Downside Target	18.27
Downside Target	18.82
Upside Target	19.71
Upside Target	19.74
Upside Target	20.08
Upside Target	20.88
Upside Target	21.10
Upside Target	23.23

Intraday share price targets for Proshares Ultrashort (BIS)

Target Type	Value
Downside Intraday Target	19.23
Downside Intraday Target	18.93
Upside Intraday Target	19.96
Upside Intraday Target	20.39
Upside Intraday Target	19.66

Weekly technical analysis of Proshares Ultrashort (BIS)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	19.54	20.08	20.08	19.35	0.262 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
29 Mon Apr 2024	19.54	18.01	21.10	17.76	1.062 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 losing momentum.

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

Proshares Ultrashort 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 Ultrashort 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

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 20.44 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.