PROSHARES ULTRASHORT NAS BIO (BIS) Stock Technical Analysis
NASDAQ:BIS • US74347G8380
Overall BIS gets a technical rating of 0 out of 10. BIS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, BIS is a bad performer in the overall market: 89% of all stocks are doing better.
- BIS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month BIS has a been trading in the 8.37 - 9.55 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- Warning: BIS has an average volume of 17460 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Considerably lower volume is observed in the last couple of days.
BIS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 8.55, a Stop Loss order could be placed below this zone.
More info and screens
8.40
We found 1 important support area.
- A support zone ranging from 8.48 to 8.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 8.78 to 8.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 9.49 to 9.50. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A resistance zone ranging from 9.85 to 9.94. This zone is formed by a combination of multiple trend lines in the daily 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 | DOWN | NEGATIVE | The long term trend for BIS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BIS is down. |
| ChartMill Relative Strength | 11.62 | NEGATIVE | BIS has a low relative strength, it was outperformed by 88.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BIS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BIS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BIS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.35 | NEUTRAL | The RSI value for BIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BIS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.14 | NEUTRAL | The Stochastics value for BIS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for BIS suggests some volalility. |
| Average Directional Index/ADX (14) | 11.03 | NEGATIVE | The low ADX value for BIS suggests a weak or negative trend. |
NASDAQ:BIS (2/13/2026, 8:00:01 PM)
8.757
-0.18 (-2%)
PROSHARES ULTRASHORT NAS BIO / BIS FAQ
Can you provide the ChartMill technical rating for PROSHARES ULTRASHORT NAS BIO?
ChartMill assigns a technical rating of 0 / 10 to BIS.
Can you provide the trend direction for PROSHARES ULTRASHORT NAS BIO?
The current trend direction for PROSHARES ULTRASHORT NAS BIO (BIS) is Bearish.
What is the RSI signal for PROSHARES ULTRASHORT NAS BIO (BIS) stock?
PROSHARES ULTRASHORT NAS BIO (BIS) has an RSI value of 46.3549. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PROSHARES ULTRASHORT NAS BIO?
The MACD indicator for PROSHARES ULTRASHORT NAS BIO (BIS) has a value of 0.0328497, indicating a bearish trend.
What is the short term momentum for BIS stock?
The short term momentum for PROSHARES ULTRASHORT NAS BIO (BIS) is negative.