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Stock Trend Analysis Report

Prepared for you on Friday, October 4, 2024.

ProShares UltraShort Nasdaq Biotechnology (NASDAQ:BIS)

Crossroads (+60) - BIS is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
15.380 15.606 15.380 15.606 -0.074
Entry Signal

MarketClub’s Trade Triangles for BIS

long term down The long-term trend has been DOWN since Jun 5th, 2024 at 16.8602

intermediate term up The intermediate-term trend has been UP since Oct 3rd, 2024 at 15.3200

short term up The short-term trend has been UP since Sep 20th, 2024 at 14.5800

Smart Scan Analysis for BIS

Based on our trend formula, BIS is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for BIS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.380 15.606 15.380 15.606 -0.074
Prev. Close Volume Bid Ask Time
15.680 3353 2024-10-04 11:44:03
Year High23.9Year High Date2018-02-09
Year Low15.383Year Low Date2018-10-01
52wk High26.5152wk High Date2023-10-31
52wk Low14.0552wk Low Date2024-09-19
Year End Close66.33Average Volume16,803
Shares Outstanding296Market Cap22M
Assets43MVolatility59.79
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