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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.
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MarketClub’s Trade Triangles for BIS
The long-term trend has been UP since Mar 8th, 2023 at 21.1699
The intermediate-term trend has been UP since Feb 7th, 2023 at 18.9590
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).
| 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 High | 23.9 | Year High Date | 2018-02-09 |
| Year Low | 15.383 | Year Low Date | 2018-10-01 |
| 52wk High | 35.64 | 52wk High Date | 2022-05-12 |
| 52wk Low | 17.88 | 52wk Low Date | 2022-12-14 |
| Year End Close | 66.33 | Average Volume | 19,831 |
| Shares Outstanding | 221 | Market Cap | 22M |
| Assets | 43M | Volatility | 59.79 |