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Stock Trend Analysis Report
Prepared for you on Thursday, November 14, 2024.
ProShares UltraShort Nasdaq Biotechnology (NASDAQ:BIS)
Bull Market Weakness (+75) - BIS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BIS as it may be in the beginning stages of a reversal.
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 DOWN since Jun 5th, 2024 at 16.8602
The intermediate-term trend has been UP since Nov 14th, 2024 at 15.8900
The short-term trend has been UP since Nov 12th, 2024 at 14.7600
Smart Scan Analysis for BIS
Based on our trend formula, BIS is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15.5000 | 16.2300 | 15.7622 | 16.2300 | +0.7500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 15.4800 | 6974 | 2024-11-14 15:51:34 |
| Year High | 23.9 | Year High Date | 2018-02-09 |
| Year Low | 15.383 | Year Low Date | 2018-10-01 |
| 52wk High | 24.96 | 52wk High Date | 2023-11-16 |
| 52wk Low | 14.05 | 52wk Low Date | 2024-09-19 |
| Year End Close | 66.33 | Average Volume | 11,120 |
| Shares Outstanding | 296 | Market Cap | 22M |
| Assets | 43M | Volatility | 59.79 |