Technical Analysis for BIB - ProShares Ultra Nasdaq Biotechnology

Grade Last Price % Change Price Change
D 47.59 -0.87% -0.42
BIB closed down 1.92 percent on Thursday, April 18, 2024, on 30 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Lower Bollinger Band Walk Weakness -0.87%
Below Lower BB Weakness -0.87%
Down 3 Days in a Row Weakness -0.87%
Down 4 Days in a Row Weakness -0.87%
Down 5 Days in a Row Weakness -0.87%
Oversold Stochastic Weakness -0.87%
Lower Bollinger Band Walk Weakness -2.78%
Below Lower BB Weakness -2.78%
Down 3 Days in a Row Weakness -2.78%
Down 4 Days in a Row Weakness -2.78%

   Recent Intraday Alerts

Alert Time
Down 1% about 1 hour ago
60 Minute Opening Range Breakdown about 3 hours ago
Up 1% about 6 hours ago
Lower Bollinger Band Support about 6 hours ago
Fell Below Previous Day's Low about 6 hours ago

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

The investment seeks daily investment results that correspond to two times (2x) the daily performance of the Nasdaq Biotechnology Index®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index is a modified capitalization weighted index that includes securities of NASDAQ listed companies that are classified as either biotechnology or pharmaceutical according to the Industry Classification Benchmark ("ICB") which also meet other eligibility criteria determined by NASDAQ. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Stock Market Index Biotechnology Leveraged ETF Ultra ETF Nasdaq 100 Industry Classification Nasdaq Biotechnology Index Nasdaq Biotech Nasdaq Biotechnology Total Return Index

Top 10 Components

Symbol Grade Price % Change Allocation
AMGN D 2.36 6.20
VRTX C 0.13 6.04
GILD F 0.82 6.01
REGN C -0.08 5.95
AZN A 0.39 3.27
MRNA A -1.08 3.24
BIIB F 1.61 2.34
ILMN F 0.43 1.57
ALNY F -0.47 1.52
BMRN A -1.61 1.41

Is BIB a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 62.4049
52 Week Low 40.0428
Average Volume 37,381
200-Day Moving Average 52.01
50-Day Moving Average 56.16
20-Day Moving Average 53.85
10-Day Moving Average 51.65
Average True Range 1.53
RSI (14) 27.01
ADX 30.47
+DI 13.61
-DI 43.52
Chandelier Exit (Long, 3 ATRs) 53.86
Chandelier Exit (Short, 3 ATRs) 52.61
Upper Bollinger Bands 59.70
Lower Bollinger Band 48.00
Percent B (%b) 0.0
BandWidth 21.72
MACD Line -2.06
MACD Signal Line -1.45
MACD Histogram -0.6137
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 49.50
Resistance 3 (R3) 49.66 49.33 49.25
Resistance 2 (R2) 49.33 48.95 49.25 49.16
Resistance 1 (R1) 48.67 48.72 48.51 48.51 49.08
Pivot Point 48.34 48.34 48.26 48.26 48.34
Support 1 (S1) 47.68 47.96 47.52 47.52 46.94
Support 2 (S2) 47.35 47.73 47.27 46.86
Support 3 (S3) 46.69 47.35 46.77
Support 4 (S4) 46.53