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Stock Trend Analysis Report
Prepared for you on Thursday, December 5, 2024.
ProShares Ultra Nasdaq Biotechnology (NASDAQ:BIB)
Strong Downtrend (-100) - BIB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BIB continues to fall. 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 Nov 15th, 2024 at 57.57
The intermediate-term trend has been DOWN since Nov 15th, 2024 at 60.16
The short-term trend has been DOWN since Dec 3rd, 2024 at 58.70
Smart Scan Analysis for BIB
Based on our trend formula, BIB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 58.1500 | 58.6097 | 57.5770 | 57.9357 | -0.5043 |
| Prev. Close | Volume | Bid | Ask | Time |
| 58.4400 | 12583 | 2024-12-05 15:28:01 |
| Year High | 70.82 | Year High Date | 2018-10-01 |
| Year Low | 46.69 | Year Low Date | 2018-11-20 |
| 52wk High | 69.56 | 52wk High Date | 2024-07-26 |
| 52wk Low | 47.145 | 52wk Low Date | 2023-12-06 |
| Year End Close | 57.969 | Average Volume | 15,617 |
| Shares Outstanding | 1,900 | Market Cap | 193M |
| Assets | 520M | Volatility | 62.81 |