BIS Stock ProShares UltraShort Nasdaq Biotech (BIS, $20.28) Aroon Indicator entered a Downtrend on May 08, 2025.

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BIS - ProShares UltraShort Nasdaq Biotech

Aroon signal

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Odds of DOWN Trend

Price: $20.28

Daily change: +$0.16 (+0.8%)

Daily volume: 8.8K

Net Assets: $3.2M

BIS's RSI Indicator recovers from overbought zone

The 10-day RSI Indicator for BIS moved out of overbought territory on April 09, 2025. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 26 instances where the indicator moved out of the overbought zone. In of the 26 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BIS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

BIS broke above its upper Bollinger Band on April 04, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for BIS entered a downward trend on May 08, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on May 06, 2025. You may want to consider a long position or call options on BIS as a result. In of 87 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for BIS just turned positive on May 08, 2025. Looking at past instances where BIS's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .

BIS moved above its 50-day moving average on May 06, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where BIS advanced for three days, in of 278 cases, the price rose further within the following month. The odds of a continued upward trend are .