Taking everything into account, BWTG scores 5 out of 10 in our technical rating. BWTG has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is only medium, BWTG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 39.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 39.39, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
31.38
When analyzing the support we can see 4 important areas.
When analyzing the resistance we notice one important area.
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 BWTG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BWTG is neutral. |
| ChartMill Relative Strength | 59.6 | NEUTRAL | BWTG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BWTG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BWTG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BWTG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.22 | NEUTRAL | The RSI value for BWTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BWTG has a negative trend. |
| Stochastics (14,3) | 47.96 | NEUTRAL | The Stochastics value for BWTG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.03 | LOW VOLATILITY | The low ATR as a percentage value for BWTG suggests low volalility. |
| Average Directional Index/ADX (14) | 15.61 | NEGATIVE | The low ADX value for BWTG suggests a weak or negative trend. |
NYSEARCA:BWTG (2/4/2026, 8:06:38 PM)
39.49
+0.07 (+0.18%)
ChartMill assigns a technical rating of 5 / 10 to BWTG.
The current trend direction for BRENDAN WOOD TOPGUN ETF (BWTG) is Bullish.
BRENDAN WOOD TOPGUN ETF (BWTG) has an RSI value of 50.2205. This indicates that the stock is currently neutral.
The MACD indicator for BRENDAN WOOD TOPGUN ETF (BWTG) has a value of -0.0182806, indicating a bearish trend.