Technical Analysis for BIS - ProShares UltraShort Nasdaq Biotechnology

Grade Last Price % Change Price Change
grade F 16.91 -3.32% -0.58
BIS closed down 3.32 percent on Friday, February 15, 2019, on 36 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical BIS trend table...

Date Alert Name Type % Chg
Feb 15 Stochastic Reached Oversold Weakness 0.00%
Feb 15 Below Lower BB Weakness 0.00%
Feb 15 Down 3 Days in a Row Weakness 0.00%
Feb 15 Down 4 Days in a Row Weakness 0.00%
Feb 15 Down 5 Days in a Row Weakness 0.00%
Feb 15 Gapped Down Weakness 0.00%
Feb 15 Lower Bollinger Band Touch Weakness 0.00%
Feb 15 Oversold Stochastic Weakness 0.00%
Feb 14 180 Bearish Setup Bearish Swing Setup -3.32%
Feb 14 Down 3 Days in a Row Weakness -3.32%

Older signals for BIS ...

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Profile
The investment seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the Nasdaq Biotechnology Index®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of 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. It is non-diversified.
Exchange Traded Funds Biotechnology Nasdaq Nasdaq Biotechnology Total Return Index Nasdaq Biotechnology Index
Is BIS a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 27.62
52 Week Low 15.38
Average Volume 121,811
200-Day Moving Average 18.8411
50-Day Moving Average 19.817
20-Day Moving Average 17.8548
10-Day Moving Average 17.719
Average True Range 0.6641
ADX 19.53
+DI 19.6885
-DI 33.2713
Chandelier Exit (Long, 3 ATRs ) 16.8877
Chandelier Exit (Short, 3 ATRs ) 18.9023
Upper Bollinger Band 18.708
Lower Bollinger Band 17.0016
Percent B (%b) -0.05
BandWidth 9.557094
MACD Line -0.5643
MACD Signal Line -0.6109
MACD Histogram 0.0466
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 17.68
Resistance 3 (R3) 17.76 17.59 17.55
Resistance 2 (R2) 17.59 17.40 17.55 17.50
Resistance 1 (R1) 17.25 17.27 17.17 17.17 17.46
Pivot Point 17.08 17.08 17.04 17.04 17.08
Support 1 (S1) 16.74 16.89 16.66 16.66 16.36
Support 2 (S2) 16.57 16.76 16.53 16.32
Support 3 (S3) 16.23 16.57 16.27
Support 4 (S4) 16.15