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Stock Trend Analysis Report

Prepared for you on Saturday, October 16, 2021.

ProShares Ultra Nasdaq Biotechnology (NASDAQ:BIB)

Countertrend Down (-85) - BIB is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
91.43 92.47 89.26 89.35 -1.20
Entry Signal

MarketClub’s Trade Triangles for BIB

long term down The long-term trend has been DOWN since Oct 1st, 2021 at 89.2150

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2021 at 102.1800

short term up The short-term trend has been UP since Oct 14th, 2021 at 89.3066

Smart Scan Analysis for BIB

Based on our trend formula, BIB is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for BIB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
91.43 92.47 89.26 89.35 -1.20
Prev. Close Volume Bid Ask Time
89.34 29629 2021-10-15 15:59:54
Year High70.82Year High Date2018-10-01
Year Low46.69Year Low Date2018-11-20
52wk High113.0652wk High Date2021-02-10
52wk Low62.4552wk Low Date2020-11-02
Year End Close57.969Average Volume86,498
Shares Outstanding2,500Market Cap193M
Assets520MVolatility62.81
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