


Technical Sentiment Analysis for Breakwave Tanker Shipping ETF (BWET). As of 2026-04-14, Breakwave Tanker Shipping ETF (BWET) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 8 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BWET stands at 64.32, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 23.78, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 73.5 and the Commodity Channel Index (CCI) at 83.56 further confirm a 24.77 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, BWET is trading above its 60-day moving average of $71.11 and above its 200-day long-term moving average of $33. Key price levels to watch include the immediate resistance at $181.89 and strong support at $98.71. A break above $181.89 could signal a bull continuation, while falling below $98.71 may test the next Fibonacci floor at $56.13.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 15.53 | 56.13 | 98.71 | 139.31 | 181.89 | 222.49 | 265.07 |
| Fibonacci | 56.13 | 87.9 | 107.53 | 139.31 | 171.08 | 190.71 | 222.49 |
2026-04-14
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 64.32 |
| Stochastic Oscillator | 73.5 |
| Stochastic RSI | 82.1 |
| Commodity Channel Index (CCI) | 83.56 |
| Awesome Oscillator | 59.7 |
| Momentum | 24.77 |
| MACD | 23.78 |
2026-04-14
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 157.45 | Sell |
| 10-Day | 141.3 | Buy |
| 20-Day | 119.17 | Buy |
| 60-Day | 71.11 | Buy |
| 200-Day | 33 | Buy |
| 250-Day | 28.65 | Buy |