Breakwave Dry Bulk Shipping Etf ETF Forecast

Buy or Hold candidate since Jul 06, 2026 Gain 3.55%

The Breakwave Dry Bulk Shipping ETF price gained 0.449% on the last trading day (Friday, 31st Jul 2026), rising from $13.36 to $13.42. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the ETF fluctuated 1.57% from a day low at $13.35 to a day high of $13.56. The price has risen in 6 of the last 10 days and is up by 6% over the past 2 weeks. Volume fell on the last day by -25 thousand shares and in total, 11 thousand shares were bought and sold for approximately $153.00 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.

The ETFis at the upper part of a wide and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $13.45 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Breakwave Dry Bulk Shipping ETF with a 90% probability to be traded between $11.44 and $13.58 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and ETFS seldom manage to go directly from the bottom of a trend up to the top. ETFS turning up in the middle of a horizontal trend are therefore considered to be potential runners.

BDRY Signals & Forecast

The Breakwave Dry Bulk Shipping ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the ETF. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $12.83 and $12.41. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, June 26, 2026, and so far it has risen 19.08%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. 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 $13.33 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have controlled movements and therefore the general risk is considered low. However, be aware of low or falling volume and make sure to keep an eye on the ETF. During the last day, the ETF moved $0.210 between high and low, or 1.57%. For the last week the ETF has had daily average volatility of 2.28%.

Our recommended stop-loss: $12.89 (-3.93%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 24 days ago.)

Trading Expectations (BDRY) For The Upcoming Trading Day Of Monday 3rd

For the upcoming trading day on Monday, 3rd we expect Breakwave Dry Bulk Shipping ETF to open at $13.44, and during the day (based on 14 day Average True Range), to move between $13.21 and $13.63, which gives a possible trading interval of +/-$0.426 (+/-3.22%) 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 3.22% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $13.33, some $0.0900 (0.67%) from the current price of $13.42, our system finds the risk reward attractive.

Is Breakwave Dry Bulk Shipping ETF ETF A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Breakwave Dry Bulk Shipping ETF to perform well in the short-term period.

Current score: 1.791 Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on August 3, 2026 - $13.44 ( 0.174%).

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