BREAKWAVE TANKER SHIPPING (BWET) Stock Technical Analysis
USA - NYSEARCA:BWET - US03210A2069 - ETF
15.01 USD
-0.11 (-0.76%)
Taking everything into account, BWET scores 8 out of 10 in our technical rating. Although BWET is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: BWET has an average volume of 2694 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
BWET is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BWET is lagging the market slightly.
In the last month BWET has a been trading in the 11.53 - 15.55 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, BWET outperforms 63% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
Although BWET has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
9.94
15.28
5 important support areas can be observed.
- A support zone ranging from 13.89 to 14.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 12.02 to 12.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @10.72 from a trend line in the weekly time frame.
- Support @10.48 from a trend line in the daily time frame.
- Support @10.04 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 15.13 to 15.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BWET is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BWET is up. |
| ChartMill Relative Strength | 63.04 | NEUTRAL | BWET is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BWET is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BWET is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BWET is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.75 | OVERBOUGHT | The high RSI value suggests BWET may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests BWET has a positive trend. |
| Stochastics (14,3) | 81.16 | OVERBOUGHT | The high Stochastics value suggests BWET may be overbought. |
| Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for BWET suggests some volalility. |
| Average Directional Index/ADX (14) | 45.47 | POSITIVE | The high ADX value value for BWET suggests a strong trend. |
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)
NYSEARCA:BWET (9/15/2025, 8:04:02 PM)
15.01
-0.11 (-0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.76%
1 Week4.75%
2 Weeks18.84%
1 Month29.96%
3 Month19.99%
6 Month38.79%
12 Month0.03%
2 Year-4.79%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%2.73%
ATR Inc222.38%
Range Today0.73
ADR(20)0.33
ADR(20)%2.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.04
Mansfield1.36
10 Day High15.55
10 Day Low12.83
20 Day High15.55
20 Day Low11.53
52 Week High16.56
52 Week Low9.06
CS1 End14
CR1 Start15.13
Volume & EV
DER(3)-9.29%
DER(5)-3.35%
Volume5.80K
Volume Incr379.38%
Vol(5)11.54K
Vol(50)2.69K