PROSHARES ULTRASHORT NAS BIO (BIS) Stock Technical Analysis
NASDAQ:BIS - Nasdaq - US74347G8380 - ETF - Currency: USD
We assign a technical rating of 6 out of 10 to BIS. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month BIS has a been trading in the 17.83 - 25.87 range, which is quite wide. It is currently trading near the lows of this range.
Warning: BIS has an average volume of 12054 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, BIS did better than 80% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
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.
Considerably lower volume is observed in the last couple of days.
BIS has an average technical rating and it also does not offer a high quality setup 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
14.22
21.78
We found 4 important support areas.
- A support zone ranging from 17.49 to 17.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 16.97 to 17.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 15.65 to 16.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 14.36 to 14.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 18.31 to 18.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @20.97 from a horizontal line in the daily time frame.
- Resistance @21.56 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.21
Mansfield1.05
10 Day High21.24
10 Day Low17.83
20 Day High25.87
20 Day Low17.83
52 Week High25.87
52 Week Low14.05
Performance
1 Week-1.19%
2 Weeks-12.73%
1 Month-3.43%
3 Month10.51%
6 Month17.76%
12 Month1.72%
2 Year-12.23%
3 Year-35.77%
5 Year-46.05%
10 Year-84.61%
15 Year-99.69%
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)-0.42
RSI(14)44.51
LBB17.38
UBB21.78
NASDAQ:BIS (5/2/2025, 1:06:00 PM)
17.84
-0.46 (-2.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.51%
1 Week-1.19%
2 Weeks-12.73%
1 Month-3.43%
3 Month10.51%
6 Month17.76%
12 Month1.72%
2 Year-12.23%
3 Year-35.77%
5 Year-46.05%
10 Year-84.61%
15 Year-99.69%
Volatility
ATR(14)0.9
ATR(20)%7.93%
ATR Inc-31.59%
Range Today0.03
ADR(20)1.23
ADR(20)%6.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.21
Mansfield1.05
10 Day High21.24
10 Day Low17.83
20 Day High25.87
20 Day Low17.83
52 Week High25.87
52 Week Low14.05
CS1 End17.6
CR1 Start18.31
Volume & EV
DER(3)-14.06%
DER(5)-16.14%
Volume2.60K
Volume Incr-45.43%
Vol(5)7.02K
Vol(50)12.05K