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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

ProShares Ultra Nasdaq Biotechnology (NASDAQ:BIB)

Bear Market Rally (-75) - BIB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BIB as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid BIB?

MarketClub looks at technical strength and momentum to determine if the timing is right for BIB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_BIB
Open High Low BIB Price Change
51.4100 52.8673 51.4100 52.8673 +0.6773
Entry Signal

MarketClub’s Trade Triangles for BIB

long term down The long-term trend has been DOWN since Nov 15th, 2024 at 57.5700

intermediate term down The intermediate-term trend has been DOWN since Dec 18th, 2024 at 54.0000

short term up The short-term trend has been UP since Dec 26th, 2024 at 52.4113

Smart Scan Analysis for BIB

Based on our trend formula, BIB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for BIB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.4100 52.8673 51.4100 52.8673 +0.6773
Prev. Close Volume Bid Ask Time
52.1900 7760 2024-12-26 15:57:15
Year High70.82Year High Date2018-10-01
Year Low46.69Year Low Date2018-11-20
52wk High69.5652wk High Date2024-07-26
52wk Low47.19552wk Low Date2024-04-19
Year End Close57.969Average Volume9,542
Shares Outstanding1,900Market Cap193M
Assets520MVolatility62.81
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