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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

ProShares UltraShort Nasdaq Biotechnology (NASDAQ:BIS)

Bear Market Rally (-75) - BIS is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BIS as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid BIS?

MarketClub looks at technical strength and momentum to determine if the timing is right for BIS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_BIS
Open High Low BIS Price Change
17.3800 17.5068 17.3100 17.5068 +0.0668
Entry Signal

MarketClub’s Trade Triangles for BIS

long term down The long-term trend has been DOWN since Dec 13th, 2023 at 20.1800

intermediate term up The intermediate-term trend has been UP since Mar 14th, 2024 at 18.1200

short term down The short-term trend has been DOWN since Mar 20th, 2024 at 18.0949

Smart Scan Analysis for BIS

Based on our trend formula, BIS is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for BIS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.3800 17.5068 17.3100 17.5068 +0.0668
Prev. Close Volume Bid Ask Time
17.5800 2479 2024-03-28 13:15:37
Year High23.9Year High Date2018-02-09
Year Low15.383Year Low Date2018-10-01
52wk High26.5152wk High Date2023-10-31
52wk Low16.3752wk Low Date2024-02-27
Year End Close66.33Average Volume7,822
Shares Outstanding296Market Cap22M
Assets43MVolatility59.79
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