Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
ProShares UltraShort Nasdaq Biotechnology (NASDAQ:BIS)
Sidelines Mode (+55) - BIS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for BIS
The long-term trend has been DOWN since Apr 7th, 2020 at 50.3376
The intermediate-term trend has been UP since Sep 20th, 2021 at 16.9300
The short-term trend has been DOWN since Oct 14th, 2021 at 19.0700
Smart Scan Analysis for BIS
Based on our trend formula, BIS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18.6100 | 19.0550 | 18.6100 | 19.0550 | +0.2041 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.0550 | 1532 | 2021-10-15 15:20:54 |
| Year High | 23.9 | Year High Date | 2018-02-09 |
| Year Low | 15.383 | Year Low Date | 2018-10-01 |
| 52wk High | 33.85 | 52wk High Date | 2020-11-02 |
| 52wk Low | 15.86 | 52wk Low Date | 2021-09-02 |
| Year End Close | 66.33 | Average Volume | 10,149 |
| Shares Outstanding | 396 | Market Cap | 22M |
| Assets | 43M | Volatility | 59.79 |