Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
ProShares UltraShort Nasdaq Biotechnology (NASDAQ:BIS)
Long-Term Uptrend (+90) - BIS is in a strong uptrend that is likely to continue. While BIS 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 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for BIS
The long-term trend has been UP since Nov 15th, 2024 at 16.72
The intermediate-term trend has been UP since Nov 14th, 2024 at 15.89
The short-term trend has been UP since Nov 12th, 2024 at 14.76
Smart Scan Analysis for BIS
Based on our trend formula, BIS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 17.94 | 18.01 | 17.63 | 17.65 | -0.12 |
| Prev. Close | Volume | Bid | Ask | Time |
| 17.66 | 14375 | 2024-11-19 15:59:30 |
| Year High | 23.9 | Year High Date | 2018-02-09 |
| Year Low | 15.383 | Year Low Date | 2018-10-01 |
| 52wk High | 24.61 | 52wk High Date | 2023-11-28 |
| 52wk Low | 14.05 | 52wk Low Date | 2024-09-19 |
| Year End Close | 66.33 | Average Volume | 12,651 |
| Shares Outstanding | 296 | Market Cap | 22M |
| Assets | 43M | Volatility | 59.79 |