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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.
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MarketClub’s Trade Triangles for BIB
The long-term trend has been DOWN since Oct 1st, 2021 at 89.2150
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 102.1800
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).
| 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 High | 70.82 | Year High Date | 2018-10-01 |
| Year Low | 46.69 | Year Low Date | 2018-11-20 |
| 52wk High | 113.06 | 52wk High Date | 2021-02-10 |
| 52wk Low | 62.45 | 52wk Low Date | 2020-11-02 |
| Year End Close | 57.969 | Average Volume | 86,498 |
| Shares Outstanding | 2,500 | Market Cap | 193M |
| Assets | 520M | Volatility | 62.81 |