PROSHARES ULTRASHORT NAS BIO (BIS) Stock Technical Analysis
USA - NASDAQ:BIS - US74347G8380 - ETF
11.63 USD
-0.39 (-3.24%)
We assign a technical rating of 0 out of 10 to BIS. BIS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
90% of all other stocks performed better in the past year than BIS.
BIS is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month BIS has a been trading in the 11.71 - 14.10 range, which is quite wide. It is currently trading near the lows of this range.
Warning: BIS has an average volume of 10434 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
BIS has a poor technical rating and the quality of the setup is also not perfect 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
11.51
13.99
3 important resistance areas can be observed.
- A resistance zone ranging from 11.83 to 12.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.85 to 12.97. 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 13.75 to 13.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 10.52 | NEGATIVE | BIS has a low relative strength, it was outperformed by 89.48% 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) | 33.11 | NEUTRAL | The RSI value for BIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BIS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.02 | OVERSOLD | The low Stochastics value suggests BIS may be oversold. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for BIS suggests some volalility. |
| Average Directional Index/ADX (14) | 33.88 | POSITIVE | The high ADX value value for BIS 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:BIS (10/15/2025, 2:56:02 PM)
11.63
-0.39 (-3.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.24%
1 Week-0.46%
2 Weeks-8.13%
1 Month-14.37%
3 Month-26.35%
6 Month-41.79%
12 Month-18.51%
2 Year-53.25%
3 Year-42.6%
5 Year-63.28%
10 Year-90.67%
15 Year-99.73%
Volatility
ATR(14)0.36
ATR(20)%2.77%
ATR Inc1.47%
Range Today0.23
ADR(20)0.28
ADR(20)%2.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.52
Mansfield-3.52
10 Day High12.54
10 Day Low11.71
20 Day High14.1
20 Day Low11.71
52 Week High25.87
52 Week Low11.71
CS1 End12.01
CR1 Start12.1
Volume & EV
DER(3)-2.85%
DER(5)-1.33%
Volume3.40K
Volume Incr-20.59%
Vol(5)9.70K
Vol(50)10.43K