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

(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 2024-04-15 View latest technical analysis

10 day averaged volume of Proshares Ultrashort is 8420

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	20.05	19.52	20.11	19.52	0.463 times
12 Fri Apr 2024	19.59	19.04	19.74	19.04	0.95 times
11 Thu Apr 2024	18.79	18.91	18.91	18.63	0.416 times
10 Wed Apr 2024	19.01	19.00	19.21	18.94	5.855 times
09 Tue Apr 2024	18.38	18.60	18.60	18.38	0.178 times
08 Mon Apr 2024	18.83	18.80	18.83	18.80	0.048 times
05 Fri Apr 2024	18.87	19.03	19.03	18.71	0.416 times
04 Thu Apr 2024	19.05	18.17	19.10	18.17	0.867 times
03 Wed Apr 2024	18.59	18.46	18.59	18.46	0.439 times
02 Tue Apr 2024	18.54	18.45	18.54	18.45	0.653 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 19.9, for a target of 19.1 or 18.41

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
Upside Target	20.11
Upside Target	23.23

Intraday share price targets for Proshares Ultrashort (BIS)

Target Type	Value
Downside Intraday Target	19.68
Downside Intraday Target	19.3
Upside Intraday Target	20.27
Upside Intraday Target	20.48
Downside Intraday Target	19.89

Weekly technical analysis of Proshares Ultrashort (BIS)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	20.05	19.52	20.11	19.52	0.062 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
15 Mon Apr 2024	20.05	18.01	20.11	17.76	0.577 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 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 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 19.04 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.