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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
ProShares Ultra Nasdaq Biotechnology (NASDAQ:BIB)
Long-Term Uptrend (+90) - BIB is in a strong uptrend that is likely to continue. While BIB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Jun 24th, 2024 at 60.6300
The intermediate-term trend has been UP since Jun 5th, 2024 at 59.1833
The short-term trend has been UP since Jul 24th, 2024 at 66.6755
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 |
|---|---|---|---|---|
| 67.42 | 69.56 | 67.42 | 68.32 | +0.85 |
| Prev. Close | Volume | Bid | Ask | Time |
| 67.47 | 14800 | 2024-07-26 15:59:54 |
| Year High | 70.82 | Year High Date | 2018-10-01 |
| Year Low | 46.69 | Year Low Date | 2018-11-20 |
| 52wk High | 69.53 | 52wk High Date | 2024-07-25 |
| 52wk Low | 40.1 | 52wk Low Date | 2023-10-31 |
| Year End Close | 57.969 | Average Volume | 15,517 |
| Shares Outstanding | 1,900 | Market Cap | 193M |
| Assets | 520M | Volatility | 62.81 |