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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.

NASDAQ_BIB
Open High Low BIB Price Change
58.1500 58.6097 57.5770 57.9357 -0.5043
Entry Signal

MarketClub’s Trade Triangles for BIB

long term down The long-term trend has been DOWN since Nov 15th, 2024 at 57.57

intermediate term down The intermediate-term trend has been DOWN since Nov 15th, 2024 at 60.16

short term down 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).

-100
Smart Scan Analysis for BIB
Strong Downtrend Sideways 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 High70.82Year High Date2018-10-01
Year Low46.69Year Low Date2018-11-20
52wk High69.5652wk High Date2024-07-26
52wk Low47.14552wk Low Date2023-12-06
Year End Close57.969Average Volume15,617
Shares Outstanding1,900Market Cap193M
Assets520MVolatility62.81
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