We assign a technical rating of 1 out of 10 to BIS. 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.
Although the technical rating is bad, BIS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 9.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.48, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BIS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
8.92
When analyzing the support we can see 2 important areas.
- A support zone ranging from 9.37 to 9.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.01 to 9.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.83 to 10.09. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 10.32 | NEGATIVE | BIS has a low relative strength, it was outperformed by 89.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BIS is above the rising 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) | 46.2 | NEUTRAL | The RSI value for BIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests BIS has a positive trend. |
| Stochastics (14,3) | 49.39 | NEUTRAL | The Stochastics value for BIS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for BIS suggests some volalility. |
| Average Directional Index/ADX (14) | 19.25 | NEGATIVE | The low ADX value for BIS suggests a weak or negative trend. |
NASDAQ:BIS (1/2/2026, 8:00:53 PM)
9.4874
+0.01 (+0.08%)
PROSHARES ULTRASHORT NAS BIO / BIS FAQ
Can you provide the ChartMill technical rating for PROSHARES ULTRASHORT NAS BIO?
ChartMill assigns a technical rating of 1 / 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 46.2035. 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 0.0564234, 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.