BREAKWAVE TANKER SHIP ETF (BWET) Stock Technical Analysis
NYSEARCA:BWET - NYSE Arca - US03210A2069 - ETF - Currency: USD
We assign a technical rating of 5 out of 10 to BWET. In the past year, BWET was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, BWET is a bad performer in the overall market: 72% of all stocks are doing better.
BWET is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Warning: BWET has an average volume of 1286 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month BWET has a been trading in the 10.00 - 11.82 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
BWET has an average technical rating and the quality of the presented setup is also not ideal 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.
More info and screens
9.94
21.16
We found 2 important support areas.
- A support zone ranging from 10.34 to 10.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.04 to 10.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- Resistance @11.56 from a trend line in the daily time frame.
- A resistance zone ranging from 12.29 to 12.30. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @12.86 from a horizontal line in the daily time frame.
- Resistance @13.18 from a horizontal line in the daily time frame.
- Resistance @20.95 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.43
Mansfield-1.41
10 Day High11.82
10 Day Low10.48
20 Day High11.82
20 Day Low10
52 Week High19.48
52 Week Low9.06
Performance
1 Week1.93%
2 Weeks9.39%
1 Month4.23%
3 Month8.41%
6 Month-20.79%
12 Month-35.94%
2 YearN/A
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)0.1
RSI(14)61.13
LBB9.87
UBB12.01
NYSEARCA:BWET (4/28/2025, 11:37:58 AM)
11.532
-0.06 (-0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.54%
1 Week1.93%
2 Weeks9.39%
1 Month4.23%
3 Month8.41%
6 Month-20.79%
12 Month-35.94%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%2.69%
ATR Inc-39.31%
Range Today0.14
ADR(20)0.25
ADR(20)%2.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.43
Mansfield-1.41
10 Day High11.82
10 Day Low10.48
20 Day High11.82
20 Day Low10
52 Week High19.48
52 Week Low9.06
CS1 End11.56
CR1 Start12.29
Volume & EV
DER(3)-268.18%
DER(5)-80.45%
Volume1.06K
Volume Incr-31.82%
Vol(5)900
Vol(50)1.29K