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Breakwave Tanker Shipping ETF (BWET) Technical Analysis

$635.558.94%

Insights

  • Breakwave Tanker Shipping ETF is currently in a favorable trading position ( BUY ) according to technical analysis indicators.
  • Based on analysis of the Oscillators technical indicator, the current market trend for Breakwave Tanker Shipping ETF stock suggests that it is a good time to sell or bad time to initiate a fresh position
  • Based on analysis of the Moving Averages technical indicator, Breakwave Tanker Shipping ETF stock is in a uptrend ↗️
  • Based on analysis of the Pivot Points, the current market trend for Breakwave Tanker Shipping ETF stock suggests that it is a good time to buy

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name

Value

Action

Relative Strength Index
78.14
Sell
Stochastic
91.94, 95.83
Sell
Ultimate Oscillator
66.87
Neutral
Stochastic Relative Strength Index
60.37, 52.89
Neutral
Moving Average Convergence Divergence
61.69, 52.33
Buy

Moving Averages

Simple Moving Average

Period (Days)

Value

Action

10
466.45
Buy
20
439.7
Buy
50
316.31
Buy

Exponential Moving Average

Period (Days)

Value

Action

10
489.36
Buy
20
439.98
Buy
50
349.94
Buy

Volume Weighted Moving Average

Period (Days)

Value

Action

10
443.68
Buy
20
428.67
Buy
50
344.74
Buy

Double Exponential Moving Average

Period (Days)

Value

Action

10
543.05
Buy
20
520.7
Buy
50
451.83
Buy

Triple Exponential Moving Average

Period (Days)

Value

Action

10
557.56
Buy
20
540.49
Buy
50
504.65
Buy

Pivot

Pivot

Value

Resistance L3
590.88
Resistance L2
571.92
Resistance L1
561.04
Pivot Point
542.09
Support L1
531.21
Support L2
512.25
Support L3
501.37

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