Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
ProShares UltraShort Nasdaq Biotechnology (NASDAQ:BIS)
Strong Downtrend (-100) - BIS is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BIS continues to fall. Traders should use caution and set stops.
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 DOWN since Jun 5th, 2024 at 16.8602
The intermediate-term trend has been DOWN since Jun 3rd, 2024 at 16.9900
The short-term trend has been DOWN since Jul 25th, 2024 at 14.6700
Smart Scan Analysis for BIS
Based on our trend formula, BIS is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.430 | 14.565 | 14.170 | 14.500 | -0.330 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.469 | 13961 | 2024-07-25 15:59:45 |
| Year High | 23.9 | Year High Date | 2018-02-09 |
| Year Low | 15.383 | Year Low Date | 2018-10-01 |
| 52wk High | 26.51 | 52wk High Date | 2023-10-31 |
| 52wk Low | 14.17 | 52wk Low Date | 2024-07-25 |
| Year End Close | 66.33 | Average Volume | 7,899 |
| Shares Outstanding | 296 | Market Cap | 22M |
| Assets | 43M | Volatility | 59.79 |