BWET Breakwave Tanker Shipping ETF chart & analysis
Conviction 50FinancialsScan · Fri, Nov 6, 2026Breakwave Tanker Shipping ETF (BWET) closed at $676.50 (+0.99%) on Nov 6, 2026. Its latest daily candle is a bullish harami. Price is below its 50-day and above its 200-day moving average. RSI(14) 36, RS Rating 99, -35.7% from its 52-week high, +3411.2% year to date. Sector: Financials.
BWET technical analysis
Trend
BWET's moving averages are mixed — no clean uptrend or downtrend. It closed 13.5% below the 50-day ($781.81) and 110.9% above the 200-day ($320.67). ADX(14) at 23 points to a moderate trend. It meets 6 of 8 trend-template criteria.
Momentum
RSI(14) is 36, in the bearish half of its range. The MACD histogram is negative. Its RS Rating of 99 puts its weighted 12-month performance ahead of about 99% of the US market.
Volume and volatility
Volume on the latest session ran 0.3× its 20-day average. It trades about $77.4M a day on average. ATR(14) is $59.47, 8.8% of price — its typical daily range. On-balance volume is trending down.
Key levels
The 52-week range is $18.01 to $1,051.94; price is 35.7% below the high and 3655.7% above the low. The VWAP anchored at the 52-week high is $881.60, above price.
Performance
BWET returned -30.2% (1 week), -33.2% (1 month), +116.7% (3 months), +304.1% (6 months), +3687.8% (1 year), +3411.2% (year to date).
Signal lifecycle
How this symbol has moved through the lanes across 60 scans — each scan is re-classified from that day's price, so gaps are days it dropped off the board entirely.
- Setting upSep 21 scan
- Breaking out nowSep 3 – Sep 182 scans
- Setting upOct 2 – Oct 142 scans
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Educational data, not financial advice. Patterns, levels and the trade plan are algorithmic, not a recommendation to trade.