Breakwave Dry Bulk Shipping Etf ETF Forecast

Sell candidate since Jun 22, 2026

The Breakwave Dry Bulk Shipping ETF price gained 0.0864% on the last trading day (Monday, 22nd Jun 2026), rising from $11.57 to $11.58. During the last trading day the ETF fluctuated 1.21% from a day low at $11.55 to a day high of $11.69. The price has fallen in 5 of the last 10 days and is down by -8.82% for this period. Volume fell on the last day by -58 thousand shares and in total, 42 thousand shares were bought and sold for approximately $490.17 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

Given the current short-term trend, the ETF is expected to rise 24.19% during the next 3 months and, with a 90% probability hold a price between $14.38 and $18.03 at the end of this 3-month period.

BDRY Signals & Forecast

There are few to no technical positive signals at the moment. The Breakwave Dry Bulk Shipping ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the ETF. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $12.00 and $12.49. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, May 13, 2026, and so far it has fallen -13.13%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Support, Risk & Stop-loss for Breakwave Dry Bulk Shipping ETF

Breakwave Dry Bulk Shipping finds support from accumulated volume at $11.44 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the ETF moved $0.140 between high and low, or 1.21%. For the last week the ETF has had daily average volatility of 4.30%.

Breakwave Dry Bulk Shipping is oversold on RSI14 (17). Some ETFS may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (BDRY) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect Breakwave Dry Bulk Shipping ETF to open at $11.61, and during the day (based on 14 day Average True Range), to move between $11.38 and $11.78, which gives a possible trading interval of +/-$0.391 (+/-3.43%) up or down from last closing price. If Breakwave Dry Bulk Shipping ETF takes out the full calculated possible swing range there will be an estimated 3.43% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $11.44 (1.21%) than the resistance at $11.85 (2.33%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Breakwave Dry Bulk Shipping ETF ETF A Buy?

The Breakwave Dry Bulk Shipping ETF holds several negative signals and despite the positive trend, we believe Breakwave Dry Bulk Shipping will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Hold to a Sell candidate.

Current score: -3.348 Sell Candidate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on June 23, 2026 - $11.61 ( 0.230%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*
*Your capital is at risk