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Stock Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

ProShares UltraShort Nasdaq Biotechnology (NASDAQ:BIS)

Countertrend Up (+85) - BIS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

Open High Low BIS Price Change
20.97 21.55 20.97 21.33 +0.06
Entry Signal

MarketClub’s Trade Triangles for BIS

long term up The long-term trend has been UP since Mar 8th, 2023 at 21.1699

intermediate term up The intermediate-term trend has been UP since Feb 7th, 2023 at 18.9590

short term down The short-term trend has been DOWN since Mar 14th, 2023 at 21.1100

Smart Scan Analysis for BIS

Based on our trend formula, BIS is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for BIS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.97 21.55 20.97 21.33 +0.06
Prev. Close Volume Bid Ask Time
21.27 8176 2023-03-21 15:54:56
Year High23.9Year High Date2018-02-09
Year Low15.383Year Low Date2018-10-01
52wk High35.6452wk High Date2022-05-12
52wk Low17.8852wk Low Date2022-12-14
Year End Close66.33Average Volume19,831
Shares Outstanding221Market Cap22M
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