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Stock Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

ProShares UltraShort Nasdaq Biotechnology (NASDAQ:BIS)

Strong Uptrend (+100) - BIS is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BIS continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
20.12 20.23 20.05 20.15 +0.10
Entry Signal

MarketClub’s Trade Triangles for BIS

long term up The long-term trend has been UP since Apr 10th, 2024 at 18.820

intermediate term up The intermediate-term trend has been UP since Mar 14th, 2024 at 18.120

short term up The short-term trend has been UP since Apr 3rd, 2024 at 17.855

Smart Scan Analysis for BIS

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

+100
Smart Scan Analysis for BIS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.12 20.23 20.05 20.15 +0.10
Prev. Close Volume Bid Ask Time
20.05 1950 2024-04-16 15:28:10
Year High23.9Year High Date2018-02-09
Year Low15.383Year Low Date2018-10-01
52wk High26.5152wk High Date2023-10-31
52wk Low16.3752wk Low Date2024-02-27
Year End Close66.33Average Volume9,273
Shares Outstanding296Market Cap22M
Assets43MVolatility59.79
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