ProShares Trust ProShares Ultra Nasdaq Biotechnology (BIB) Technical Analysis

$108.80▲-2.62%

Insights

ProShares Trust ProShares Ultra Nasdaq Biotechnology is currently in a neutral trading position according to technical analysis indicators.
Based on analysis of the Oscillators technical indicator, the current market trend for ProShares Trust ProShares Ultra Nasdaq Biotechnology stock suggests that it is a good time to buy
Based on analysis of the Moving Averages technical indicator, ProShares Trust ProShares Ultra Nasdaq Biotechnology stock is Range bound.
Based on analysis of the Pivot Points, the current market trend for ProShares Trust ProShares Ultra Nasdaq Biotechnology stock suggests that it is a good time to sell or bad time to initiate a fresh position

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name	Value	Action
Relative Strength Index	47.55	Neutral
Stochastic	14.79, 6.49	Buy
Ultimate Oscillator	41.11	Neutral
Stochastic Relative Strength Index	4.68, 1.68	Buy
Moving Average Convergence Divergence	1.24, 3.14	Sell

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	115.78	Sell
20	117.83	Buy
50	108.49	Buy

Exponential Moving Average

Period (Days)	Value	Action
10	114.45	Sell
20	114.52	Buy
50	108.7	Buy

Volume Weighted Moving Average

Period (Days)	Value	Action
10	114.43	Neutral
20	117.5	Sell
50	110.15	Neutral

Double Exponential Moving Average

Period (Days)	Value	Action
10	112.4	Sell
20	116.98	Sell
50	117.94	Buy

Triple Exponential Moving Average

Period (Days)	Value	Action
10	109.76	Sell
20	114.24	Sell
50	120.51	Buy

Pivot

Pivot	Value
Resistance L3	113.7
Resistance L2	112.92
Resistance L1	111.34
Pivot Point	110.56
Support L1	108.99
Support L2	108.2
Support L3	106.63

*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.