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Stock Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

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.

NASDAQ_BIS
Open High Low BIS Price Change
26.9500 27.1800 25.8200 25.8799 -1.0701
Entry Signal

MarketClub’s Trade Triangles for BIS

long term up The long-term trend has been UP since Nov 12th, 2021 at 19.839

intermediate term down The intermediate-term trend has been DOWN since Jun 23rd, 2022 at 26.980

short term up The short-term trend has been UP since Jun 29th, 2022 at 27.050

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).

-55
Smart Scan Analysis for BIS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.9500 27.1800 25.8200 25.8799 -1.0701
Prev. Close Volume Bid Ask Time
25.8200 13345 2022-07-01 15:39:50
Year High23.9Year High Date2018-02-09
Year Low15.383Year Low Date2018-10-01
52wk High35.6452wk High Date2022-05-12
52wk Low15.8652wk Low Date2021-09-02
Year End Close66.33Average Volume35,030
Shares Outstanding296Market Cap22M
Assets43MVolatility59.79
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