stoxline Quote Chart Rank Option Currency Glossary
  
Breakwave Tanker Shipping ETF (BWET)
16.83  0.162 (0.97%)    10-24 14:37
Open: 17.135
High: 17.135
Volume: 2,372
  
Pre. Close: 16.6677
Low: 16.83
Market Cap: 2(M)
Technical analysis
2025-10-24 2:47:40 PM
Short term     
Mid term     
Targets 6-month :  20.2 1-year :  23.59
Resists First :  17.29 Second :  20.2
Pivot price 15.71
Supports First :  14.99 Second :  13.57
MAs MA(5) :  16.2 MA(20) :  15.35
MA(100) :  12.73 MA(250) :  11.8
MACD MACD :  0.6 Signal :  0.5
%K %D K(14,3) :  76.4 D(3) :  75
RSI RSI(14): 66.6
52-week High :  17.29 Low :  9.06
Price, MAs and Bollinger Bands

Price has closed above its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is BULLISH in short-term; and BULLISH in mid-long term.
[ BWET ] has closed below upper band by 17.9%. Bollinger Bands are 42.8% wider than normal. The large width of the bands suggest high volatility as compared to its normal range. The bands have been in this wide range for 8 days. This is a sign that the current trend might continue.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 17.32 - 17.42 17.42 - 17.51
Low: 15.29 - 15.41 15.41 - 15.51
Close: 16.49 - 16.67 16.67 - 16.83
Company Description

BWET is the first oil tanker shipping ETF. Oil tanker shipping is an instrumental part of the global commodity market and is historically uncorrelated with other major asset classes. BWET provides exposure to the charter rate for shipping crude oil by holding near-dated freight futures contracts on two oil tanker indexes based on cargo ship size category and specific routes. The fund uses a fixed weighting scheme, rebalanced annually, that allocates 90% to TD3C VLCC (Very Large Crude Carrier) contracts and 10% to TD20 Suezmax contracts. As futures are always an imperfect proxy for spot prices and the freight futures market is often in contango, long-term holdings are subject to position decay. BWET is structured as a commodities pool so investors can expect a K-1 at tax time and long-term holders will be taxed on any gains even without selling shares. The fund is only intended to be used as a diversification opportunity and is not a complete investment program.

Headline News

Wed, 22 Oct 2025
Trading Systems Reacting to (BWET) Volatility - news.stocktradersdaily.com

Wed, 10 Sep 2025
The Zacks Analyst Blog Highlights BWET, GOEX, SLVP, LIT and BBC - Yahoo Finance

Tue, 09 Sep 2025
Best-Performing ETFs of Last Week - Yahoo Finance

Fri, 25 Jul 2025
Amplify ETFs Announces Net Asset Value Adjustment for the Breakwave Tanker Shipping ETF (BWET) - GlobeNewswire

Mon, 16 Jun 2025
Stock ETFs Up, Oil Down as Israel-Iran Fight Looks Contained - ETF.com

Thu, 29 May 2025
BWET vs. BDRY: Tariffs Split Shipping ETF Performance - ETF.com

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Neutral
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Neutral
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Neutral
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Neutral
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Neutral
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Neutral
Stock Basics & Statistics
Exchange:
AMEX
Sector:
Financial Services
Industry:
Asset Management
Shares Out 0 (M)
Shares Float 0 (M)
Held by Insiders 0 (%)
Held by Institutions 0 (%)
Shares Short 0 (K)
Shares Short P.Month 0 (K)
Stock Financials
EPS 0
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 0
Profit Margin 0 %
Operating Margin 0 %
Return on Assets (ttm) 0 %
Return on Equity (ttm) 0 %
Qtrly Rev. Growth 0 %
Gross Profit (p.s.) 0
Sales Per Share 0
EBITDA (p.s.) 0
Qtrly Earnings Growth 0 %
Operating Cash Flow 0 (M)
Levered Free Cash Flow 0 (M)
Stock Valuations
PE Ratio 0
PEG Ratio 0
Price to Book value 0
Price to Sales 0
Price to Cash Flow 0
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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