BDRY Breakwave Dry Bulk Shipping ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide investors with exposure to the daily change in the price of dry bulk freight futures, before expenses and liabilities of the fund, by tracking the performance of a portfolio consisting of a three-month strip of the nearest calendar quarter of futures contracts on specified indexes that measure rates for shipping dry bulk freight... Show more
BDRY's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for BDRY turned positive on August 11, 2025. Looking at past instances where BDRY's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on August 05, 2025. You may want to consider a long position or call options on BDRY as a result. In of 87 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The 50-day moving average for BDRY moved above the 200-day moving average on August 07, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BDRY advanced for three days, in of 295 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 195 cases where BDRY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for BDRY moved out of overbought territory on August 15, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 34 similar instances where the indicator moved out of overbought territory. In of the 34 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BDRY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
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General Information
Category Miscellaneous
BDRY and ETFs
Correlation & Price change
A.I.dvisor tells us that BDRY and BBCA have been poorly correlated (+8% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that BDRY and BBCA's prices will move in lockstep.
| Ticker / NAME | Correlation To BDRY | 1D Price Change % | ||
|---|---|---|---|---|
| BDRY | 100% | -1.35% | ||
| BBCA - BDRY | 8% Poorly correlated | -0.05% | ||
| EWC - BDRY | 8% Poorly correlated | -0.13% | ||
| EWA - BDRY | 7% Poorly correlated | +0.34% | ||
| EWG - BDRY | 5% Poorly correlated | +0.19% | ||
| EWY - BDRY | 5% Poorly correlated | -0.37% | ||
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