Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Monday, June 24, 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.

NASDAQ_BIB
Open High Low BIB Price Change
60.60 62.25 60.60 61.95 +2.66
Entry Signal

MarketClub’s Trade Triangles for BIB

long term up The long-term trend has been UP since Jun 24th, 2024 at 60.6300

intermediate term up The intermediate-term trend has been UP since Jun 5th, 2024 at 59.1833

short term up The short-term trend has been UP since Jun 21st, 2024 at 58.1900

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).

+90
Smart Scan Analysis for BIB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
60.60 62.25 60.60 61.95 +2.66
Prev. Close Volume Bid Ask Time
59.29 36406 2024-06-24 15:59:46
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 Volume18,561
Shares Outstanding1,900Market Cap193M
Assets520MVolatility62.81
Get a free daily analysis and signals for ProShares Ultra Nasdaq Biotechnology (BIB) - Request Your Free Report.