(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.
Showing technical analysis as on 2024-04-03 View latest technical analysis
10 day averaged volume of Proshares Ultrashort is 9540
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Wed Apr 2024 | 18.59 | 18.46 | 18.59 | 18.46 | 0.388 times |
| 02 Tue Apr 2024 | 18.54 | 18.45 | 18.54 | 18.45 | 0.577 times |
| 01 Mon Apr 2024 | 17.76 | 18.01 | 18.01 | 17.76 | 0.157 times |
| 28 Thu Mar 2024 | 17.58 | 17.32 | 17.58 | 17.31 | 0.252 times |
| 27 Wed Mar 2024 | 17.44 | 17.76 | 17.76 | 17.43 | 3.784 times |
| 26 Tue Mar 2024 | 17.94 | 17.74 | 17.96 | 17.74 | 1.132 times |
| 25 Mon Mar 2024 | 17.94 | 17.91 | 17.95 | 17.86 | 2.704 times |
| 22 Fri Mar 2024 | 17.92 | 17.85 | 17.92 | 17.80 | 0.377 times |
| 21 Thu Mar 2024 | 17.61 | 17.53 | 17.61 | 17.40 | 0.178 times |
| 20 Wed Mar 2024 | 17.80 | 18.18 | 18.20 | 17.77 | 0.66 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 18.7, for a target of 18.2 or 17.86
Share price targets for Proshares Ultrashort (BIS)
| Target Type | Value |
| Downside Target | 16.37 |
| Downside Target | 16.80 |
| Downside Target | 17.96 |
| Downside Target | 18.25 |
| Downside Target | 18.27 |
| Downside Target | 18.43 |
| Downside Target | 18.59 |
| Upside Target | 18.82 |
| Upside Target | 23.23 |
Intraday share price targets for Proshares Ultrashort (BIS)
| Target Type | Value |
| Downside Intraday Target | 18.04 |
| Downside Intraday Target | 17.48 |
| Upside Intraday Target | 18.87 |
| Upside Intraday Target | 19.14 |
| Downside Intraday Target | 18.31 |
Weekly technical analysis of Proshares Ultrashort (BIS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Wed Apr 2024 | 18.59 | 18.01 | 18.59 | 17.76 | 0.142 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 |
| 15 Fri Mar 2024 | 18.18 | 17.31 | 18.25 | 17.31 | 1.012 times |
| 08 Fri Mar 2024 | 17.40 | 16.99 | 17.71 | 16.99 | 0.628 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 |
| 03 Wed Apr 2024 | 18.59 | 18.01 | 18.59 | 17.76 | 0.07 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 to mid 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 mid to longer 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.
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 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 17.79 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 to mid 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 mid to longer 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.
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 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 17.79 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.