Momentum Indicator for BWEB turns positive, indicating new upward trend
BWEB saw its Momentum Indicator move above the 0 level on January 07, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 32 similar instances where the indicator turned positive. In of the 32 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
Bearish Trend Analysis
The Aroon Indicator for BWEB entered a downward trend on January 08, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category Technology
BWEB and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, BWEB has been closely correlated with FTEC. These tickers have moved in lockstep 68% of the time. This A.I.-generated data suggests there is a high statistical probability that if BWEB jumps, then FTEC could also see price increases.
| Ticker / NAME | Correlation To BWEB | 1D Price Change % | ||
|---|---|---|---|---|
| BWEB | 100% | N/A | ||
| FTEC - BWEB | 68% Closely correlated | -0.04% | ||
| CIBR - BWEB | 68% Closely correlated | +1.53% | ||
| CHAT - BWEB | 66% Closely correlated | +1.83% | ||
| VGT - BWEB | 65% Loosely correlated | +0.01% | ||
| IYW - BWEB | 61% Loosely correlated | -0.04% | ||
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