PROSHARES ULTRASHORT NAS BIO (BIS) Stock Technical Analysis
NASDAQ:BIS - Nasdaq - US74347G8380 - ETF - Currency: USD
Overall BIS gets a technical rating of 4 out of 10. In the last year, BIS was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
Warning: BIS has an average volume of 10952 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month BIS has a been trading in the 15.63 - 17.57 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, BIS outperforms 54% of them, which is more or less in line with the market.
BIS is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, BIS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 17.10. Right above this resistance zone may be a good entry point.
More info and screens
14.15
18.99
When analyzing the support we can see 3 important areas.
- Support @16.12 from a trend line in the daily time frame.
- A support zone ranging from 15.81 to 15.85. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 14.29 to 14.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 17.10 to 17.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.38 to 18.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.93
Mansfield-0.3
10 Day High17.48
10 Day Low15.94
20 Day High17.57
20 Day Low15.63
52 Week High21.1
52 Week Low14.05
Performance
1 Week0.48%
2 Weeks4.11%
1 Month3.66%
3 Month4.11%
6 Month6.91%
12 Month-4.02%
2 Year-17.69%
3 Year-30.73%
5 Year-70.39%
10 Year-87.9%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)49.4
LBB15.8
UBB17.36
NASDAQ:BIS (3/7/2025, 8:07:39 PM)
16.7
-0.08 (-0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.48%
1 Week0.48%
2 Weeks4.11%
1 Month3.66%
3 Month4.11%
6 Month6.91%
12 Month-4.02%
2 Year-17.69%
3 Year-30.73%
5 Year-70.39%
10 Year-87.9%
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%2.99%
ATR Inc-14.98%
Range Today0.34
ADR(20)0.47
ADR(20)%2.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.93
Mansfield-0.3
10 Day High17.48
10 Day Low15.94
20 Day High17.57
20 Day Low15.63
52 Week High21.1
52 Week Low14.05
CS1 End16.12
CR1 Start17.1
Volume & EV
DER(3)-0.66%
DER(5)1.52%
Volume10.70K
Volume Incr17.67%
Vol(5)15.98K
Vol(50)10.95K