PROSHARES ULTRA NASD BIOTECH (BIB) Stock Technical Analysis
USA - NASDAQ:BIB - US74347R2141 - ETF
63.8319 USD
-1.8 (-2.75%)
Overall BIB gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BIB is only an average performer.
Warning: BIB has an average volume of 9700 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
BIB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BIB is lagging the market slightly.
In the last month BIB has a been trading in the 55.34 - 66.44 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, BIB did better than 78% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Volume is considerably higher in the last couple of days.
BIB has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
52.18
64.97
3 important support areas can be observed.
- A support zone ranging from 56.90 to 57.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 54.65 to 55.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @52.71 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @64.33 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BIB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BIB is up. |
| ChartMill Relative Strength | 78.7 | POSITIVE | BIB has a high relative strength, it outperformed 78.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BIB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BIB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BIB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.17 | NEUTRAL | The RSI value for BIB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests BIB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.16 | OVERBOUGHT | The high Stochastics value suggests BIB may be overbought. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for BIB suggests some volalility. |
| Average Directional Index/ADX (14) | 33.72 | POSITIVE | The high ADX value value for BIB suggests a strong trend. |
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)
NASDAQ:BIB (10/10/2025, 9:11:58 PM)
63.8319
-1.8 (-2.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.75%
1 Week-0.78%
2 Weeks11.87%
1 Month11.6%
3 Month28.38%
6 Month58.63%
12 Month0.16%
2 Year53.55%
3 Year14.23%
5 Year-1.34%
10 Year-4.77%
15 Year823.93%
Volatility
ATR(14)1.58
ATR(20)%2.39%
ATR Inc-12.92%
Range Today1.83
ADR(20)1.35
ADR(20)%2.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.7
Mansfield1.17
10 Day High66.44
10 Day Low57.37
20 Day High66.44
20 Day Low55.34
52 Week High68
52 Week Low33.78
CS1 End57.8
CR1 Start64.33
Volume & EV
DER(3)-1.66%
DER(5)-0.24%
Volume17.80K
Volume Incr266.8%
Vol(5)28.08K
Vol(50)9.70K