PROSHARES ULTRASHORT NAS BIO (BIS) Stock Technical Analysis
USA - NASDAQ:BIS - US74347G8380 - ETF
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.
The technical rating of BIS is bad and it also does not present a 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
10.15
3 important resistance areas can be observed.
- Resistance @10.58 from a trend line in the daily time frame.
- A resistance zone ranging from 11.05 to 11.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.35 from a horizontal line 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 | 8.14 | NEGATIVE | BIS has a low relative strength, it was outperformed by 91.86% 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) | 30.52 | 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. |
| Stochastics (14,3) | 15.53 | OVERSOLD | The low Stochastics value suggests BIS may be oversold. |
| Average True Range in percent/ATR (20) | 3.18 | MEDIUM VOLATILITY | The ATR as a percentage value for BIS suggests some volalility. |
| Average Directional Index/ADX (14) | 37.86 | POSITIVE | The high ADX value value for BIS suggests a strong trend. |
NASDAQ:BIS (11/14/2025, 8:00:01 PM)
10.2519
-0.13 (-1.23%)
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.
What is the trend direction for BIS stock?
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 30.5192. This indicates that the stock is currently neutral.
What is the short term momentum for PROSHARES ULTRASHORT NAS BIO (BIS) stock?
The short term momentum for PROSHARES ULTRASHORT NAS BIO (BIS) is negative.
What is the buy/sell signal for PROSHARES ULTRASHORT NAS BIO (BIS) stock?
The buy/sell signal for PROSHARES ULTRASHORT NAS BIO (BIS) is sell as both the short term and long term trends are negative.