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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

ProShares Ultra Nasdaq Biotechnology (NASDAQ:BIB)

Weak Uptrend (+65) - BIB is showing signs of weakening momentum to the upside. Monitor BIB as it may be in the beginning stages 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
58.1900 58.4174 57.5200 57.5200 -0.5700
Entry Signal

MarketClub’s Trade Triangles for BIB

long term up The long-term trend has been UP since Dec 14th, 2023 at 53.8899

intermediate term down The intermediate-term trend has been DOWN since Mar 14th, 2024 at 56.3500

short term up The short-term trend has been UP since Mar 21st, 2024 at 56.7400

Smart Scan Analysis for BIB

Based on our trend formula, BIB is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for BIB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
58.1900 58.4174 57.5200 57.5200 -0.5700
Prev. Close Volume Bid Ask Time
57.5400 34415 2024-03-28 15:59:58
Year High70.82Year High Date2018-10-01
Year Low46.69Year Low Date2018-11-20
52wk High62.449752wk High Date2024-02-27
52wk Low40.152wk Low Date2023-10-31
Year End Close57.969Average Volume52,541
Shares Outstanding1,900Market Cap193M
Assets520MVolatility62.81
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