The investment seeks to provide investors with exposure to the daily change in the price of crude oil tanker freight futures before expenses and liabilities of the fund, by tracking the performance of a portfolio mainly consisting of the nearest calendar quarter of futures contracts on specified indexes that measure prices for shipping crude oil... Show more
Category CommoditiesBroadBasket
A.I.dvisor tells us that BWET and SLVO have been poorly correlated (+11% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that BWET and SLVO's prices will move in lockstep.
| Ticker / NAME | Correlation To BWET | 1D Price Change % | ||
|---|---|---|---|---|
| BWET | 100% | -14.67% | ||
| SLVO - BWET | 11% Poorly correlated | +1.81% | ||
| USOI - BWET | 8% Poorly correlated | -3.29% | ||
| GLDI - BWET | 6% Poorly correlated | +0.95% | ||
| IAUM - BWET | 6% Poorly correlated | +1.07% | ||
| SGOL - BWET | 1% Poorly correlated | +1.12% | ||
More | ||||
Be on the lookout for a price bounce soon.
The RSI Indicator entered the oversold zone -- be on the watch for BWET's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BWET advanced for three days, in of 176 cases, the price rose further within the following month. The odds of a continued upward trend are .
BWET may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Momentum Indicator moved below the 0 level on June 24, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on BWET as a result. In of 42 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for BWET turned negative on June 24, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 37 similar instances when the indicator turned negative. In of the 37 cases the stock turned lower in the days that followed. This puts the odds of success at .
BWET moved below its 50-day moving average on June 24, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BWET declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for BWET entered a downward trend on June 05, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.