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Stock Trend Analysis Report
Prepared for you on Tuesday, April 23, 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 UP since Apr 10th, 2024 at 18.82
The intermediate-term trend has been UP since Mar 14th, 2024 at 18.12
The short-term trend has been DOWN since Apr 22nd, 2024 at 20.22
Smart Scan Analysis for BIS
Based on our trend formula, BIS is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.7400 | 20.7400 | 20.1300 | 20.1479 | -0.7471 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.4800 | 3695 | 2024-04-22 14:31:18 |
| Year High | 23.9 | Year High Date | 2018-02-09 |
| Year Low | 15.383 | Year Low Date | 2018-10-01 |
| 52wk High | 26.51 | 52wk High Date | 2023-10-31 |
| 52wk Low | 16.37 | 52wk Low Date | 2024-02-27 |
| Year End Close | 66.33 | Average Volume | 9,998 |
| Shares Outstanding | 296 | Market Cap | 22M |
| Assets | 43M | Volatility | 59.79 |