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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.

NASDAQ_BIS
Open High Low BIS Price Change
18.6100 19.0550 18.6100 19.0550 +0.2041
Entry Signal

MarketClub’s Trade Triangles for BIS

long term down The long-term trend has been DOWN since Apr 7th, 2020 at 50.3376

intermediate term up The intermediate-term trend has been UP since Sep 20th, 2021 at 16.9300

short term down 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).

+55
Smart Scan Analysis for BIS
Strong Downtrend Sideways 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 High23.9Year High Date2018-02-09
Year Low15.383Year Low Date2018-10-01
52wk High33.8552wk High Date2020-11-02
52wk Low15.8652wk Low Date2021-09-02
Year End Close66.33Average Volume10,149
Shares Outstanding396Market Cap22M
Assets43MVolatility59.79
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