


Technical Sentiment Analysis for Brendan Wood TopGun Index ETF (BWTG). As of 2026-05-08, Brendan Wood TopGun Index ETF (BWTG) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 10 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BWTG stands at 64.2, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.46, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 87.17 and the Commodity Channel Index (CCI) at 189.64 further confirm a 0.59 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, BWTG is trading above its 60-day moving average of $38.99 and above its 200-day long-term moving average of $38.56. Key price levels to watch include the immediate resistance at $40.68 and strong support at $39.71. A break above $40.68 could signal a bull continuation, while falling below $39.71 may test the next Fibonacci floor at $39.27.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 38.75 | 39.27 | 39.71 | 40.23 | 40.68 | 41.19 | 41.64 |
| Fibonacci | 39.27 | 39.63 | 39.86 | 40.23 | 40.6 | 40.83 | 41.19 |
2026-05-08
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 64.2 |
| Stochastic Oscillator | 87.17 |
| Stochastic RSI | 70.09 |
| Commodity Channel Index (CCI) | 189.64 |
| Awesome Oscillator | 1.26 |
| Momentum | 0.59 |
| MACD | 0.46 |
2026-05-08
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 40.25 | Buy |
| 10-Day | 40.16 | Buy |
| 20-Day | 40.01 | Buy |
| 60-Day | 38.99 | Buy |
| 200-Day | 38.56 | Buy |
| 250-Day | 37.97 | Buy |