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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.
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MarketClub’s Trade Triangles for BIB
The long-term trend has been DOWN since Oct 1st, 2021 at 89.215
The intermediate-term trend has been DOWN since Nov 10th, 2021 at 86.181
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).
| 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 High | 70.82 | Year High Date | 2018-10-01 |
| Year Low | 46.69 | Year Low Date | 2018-11-20 |
| 52wk High | 113.06 | 52wk High Date | 2021-02-10 |
| 52wk Low | 68.22 | 52wk Low Date | 2022-01-13 |
| Year End Close | 57.969 | Average Volume | 42,835 |
| Shares Outstanding | 2,450 | Market Cap | 193M |
| Assets | 520M | Volatility | 62.81 |