Logo image of BWEB

BITWISE WEB3 ETF (BWEB) Stock Technical Analysis

NYSEARCA:BWEB - NYSE Arca - US0917481030 - ETF - Currency: USD

53.083  +0.07 (+0.13%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to BWEB. BWEB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month BWEB has a been trading in the 52.04 - 63.16 range, which is quite wide. It is currently trading near the lows of this range.
Warning: BWEB has an average volume of 770 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, BWEB turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
BWEB is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Weekly and Daily overview Charts
BITWISE WEB3 ETF / BWEB Weekly stock chart
BITWISE WEB3 ETF / BWEB Daily stock chart
Setup Rating and Analysis

3

The technical rating of BWEB 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.

Support and Resistance Analysis

40.35

64.54

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 53.00 to 53.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @47.90 from a trend line in the weekly time frame.
  • Support @42.77 from a trend line in the weekly time frame.
  • Support @40.76 from a horizontal line in the weekly time frame.

4 important resistance areas can be observed.

  • Resistance @56.09 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 57.55 to 58.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @62.33 from a horizontal line in the daily time frame.
  • Resistance @63.90 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.54
Mansfield0.47
10 Day High57.89
10 Day Low52.04
20 Day High63.16
20 Day Low52.04
52 Week High65.15
52 Week Low32.43
Performance
1 Week-5.35%
2 Weeks-9.18%
1 Month-11.81%
3 Month-16.92%
6 Month29.16%
12 Month12.29%
2 Year79.49%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.63
RSI(14)34.77
LBB50.59
UBB62.49
BITWISE WEB3 ETF / BWEB Daily stock chart

BITWISE WEB3 ETF

NYSEARCA:BWEB (3/7/2025, 8:09:02 PM)

53.083

+0.07 (+0.13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.13%
1 Week-5.35%
2 Weeks-9.18%
1 Month-11.81%
3 Month-16.92%
6 Month29.16%
12 Month12.29%
2 Year79.49%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.71
ATR(20)%2.82%
ATR Inc-21.25%
Range Today0.01
ADR(20)0.91
ADR(20)%1.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.54
Mansfield0.47
10 Day High57.89
10 Day Low52.04
20 Day High63.16
20 Day Low52.04
52 Week High65.15
52 Week Low32.43
CS1 End53.07
CR1 Start56.09
Volume & EV
DER(3)-14.67%
DER(5)-15.02%
Volume200
Volume Incr-9.36%
Vol(5)920
Vol(50)770