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Stock Trend Analysis Report

Prepared for you on Sunday, January 16, 2022.

ProShares Ultra Nasdaq Biotechnology (NASDAQ:BIB)

Long-Term Downtrend (-90) - BIB is in a strong downtrend that is likely to continue. While BIB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
67.5000 69.7038 66.2500 69.6200 +1.1300
Entry Signal

MarketClub’s Trade Triangles for BIB

long term down The long-term trend has been DOWN since Oct 1st, 2021 at 89.215

intermediate term down The intermediate-term trend has been DOWN since Nov 10th, 2021 at 86.181

short term down The short-term trend has been DOWN since Jan 13th, 2022 at 68.950

Smart Scan Analysis for BIB

Based on our trend formula, BIB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for BIB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
67.5000 69.7038 66.2500 69.6200 +1.1300
Prev. Close Volume Bid Ask Time
69.6000 62601 2022-01-14 15:59:45
Year High70.82Year High Date2018-10-01
Year Low46.69Year Low Date2018-11-20
52wk High113.0652wk High Date2021-02-10
52wk Low68.2252wk Low Date2022-01-13
Year End Close57.969Average Volume42,835
Shares Outstanding2,450Market Cap193M
Assets520MVolatility62.81
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