Uptrend Under Pressure 100
Institutional selling is building — 7 distribution days in the last 25 sessions. Severe risk · 100/100 · 7 distribution days (SPY) Oct 26 Full briefing →
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BWET

$933.79 +4.15% Oct 26 close
Detected setup Trend Only · Setup Score 83/100

Stand aside — setup invalidated

Setup score 83, but distribution days reach 5 or more — stand aside until the condition resets.

2 independent risk warnings also present. Review before relying on the bullish setup.

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Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.

$BWET

etf Stage 2 · Advancing Base 4+
$933.79 latest close
Market Structure
Trend structure: uptrend
Latest event: bos (bullish)
Momentum Turn Watch
Bollinger Squeeze Bollinger band width (35.6%) is in the bottom quartile of its last 120 sessions — Legend's width-percentile squeeze (not a TTM/Keltner squeeze), so volatility is compressed and a sharper move often follows.
Early technical context only. Wait for price, volume, and the canonical setup trigger to confirm; this signal does not change readiness or the setup score.
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Historical record

No active setup in the latest scan — this page shows the last detection Legend AI made for $BWET. Every level, score and criterion below is computed from the Oct 26 close session (latest session), and may no longer hold.

Historical verdict · setup score 83/100 · data Oct 26 close · latest session

Stand aside — setup invalidated

Setup score 83, but distribution days reach 5 or more — stand aside until the condition resets.

Review six verdicts Inspect chart
Recent price action · daily
$500$1,000AugSepOct$934

What would change this verdict

What needs to turn for this to become buyable — the top failing checks across the legend council:

  • O'Neil S: Base tightness (ATR% ≤ 4.5%) — ATR% 5.97%
  • O'Neil M: Market in confirmed uptrend — Market phase: uptrend_under_pressure
  • Weinstein Volume expansion above average — Volume ratio 0.27x
  • Weinstein Weekly price coiling (Stage 2 consolidation) — Tightening weekly range confirms base
  • Dennis S1: 20-day Donchian breakout
  • Dennis S2: 55-day Donchian breakout
Minority view — the council disagrees here
  • Minervini: buyable Trend-template read: all 7 measured criteria pass.
  • O'Neil: watch CANSLIM read: 2/6 pass; improvement is still needed.
  • Weinstein: watch Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.
79 Strong
Legend Score · rates the stock Strong (79/100) — held back by institutional footprint

Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.

  • Relative Strength (25%) 100
  • Trend Template (25%) 100
  • Institutional Footprint (20%) 70
  • EPS Growth (15%) 50
  • Quality (SMR-like) (15%) 50

RS rank 99: top 1% of all stocks — true leadership. Trend template 8/8: price above rising 50/150/200-day lines — textbook uptrend structure. Institutional score 70: mild accumulation. No recent earnings growth data — scored neutral. No sales/ROE data — scored neutral. Updated 2026-10-26.

Price $933.79 +4.2% Oct 26 close
52W High $1051.94 14.8% below high
Wks Since High 2w
Base Depth 21.0% 25.3% today
RS Rank 99 percentile of scan
SMA 50 $708.25
Avg Vol 205,915
Rel Vol (Oct 26) 0.27× 2.25× on up days
More stats
52W Low $16.83
Tight Wks 0
Base B4
VDU Streak 2d
SMA 200 $284.53
RS Line vs High -9.8%
RS Line Slope +23.7% ▲
ADR% 4.6%
ATR(14) $55.73 (6.0%)
Vol Pace (live) N/A
A/D Days 20A / 8D
A/D Rating A+
VDU Bars 5/10 d
Power Trend 3d
Position in 52-week range 89thpercentile of the 52-week range
$16.83low
$1051.94high

BWET Chart

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Technical Analysis Report Card

$BWET · $933.79 · as of 2026-10-26 · multi-factor read
98
/ 100
Technicals 98/100
Reference read from price & volume only — the verdict at the top of the page decides the action.

Trend · Daily / Weekly / Monthly

Daily ▲ Uptrend
Weekly ▲ Uptrend
Monthly ▲ Uptrend

Moving Averages

50-day$708.25 ↑
100-day$467.41 ↑
200-day$284.53 ↑
Bullish (50 > 200)

RSI (14)

Reading60.1 · Bullish

Bullish momentum — comfortably in buyer territory.

MACD (12/26/9)

StateWeakening
Histogram-18.774

Weakening — MACD slipped below its signal line. Histogram expanding.

Bollinger Bands (20,2)

%B / Width60% · 35.6%
Squeeze — volatility compressing

Mid-band — no directional band edge in play. Bands are squeezing — volatility is compressing, often a precursor to a sharp move.

Volume · Buyer vs Seller

Up/Down vol2.25 · Accumulation
Rel volume0.27×
Pocket pivots · 10d0
5d vs 50d vol49% · Dry-up
Heavy vol up / down0 / 0

Accumulation — volume is concentrated on up days; buyers dominate. Recent volume is easing versus its baseline.

  • Volume dry-up — the last 5 sessions averaged 49% of normal; sellers have gone quiet.

Support & Resistance

R · $1051.9452-week high
Price · $933.79now
S · $579.19swing level
S · $336.11swing level
S · $251.80swing level

Fibonacci · Uptrend swing

23.6%$833.65
38.2%$698.61
50.0%$589.47
61.8%$480.33
78.6%$324.94

Retracement support zones measured from the recent swing low up to the high.

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Daily uptrendWeekly uptrendMonthly uptrendAbove 200-day MA50/200 bullishVolume accumulation
Want this read in a legend's voice? Ask a Legend about BWET
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts 6 methodology checks

Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
How to read the numbers: the setup score (83/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.

Council consensus: 1 legend rates this Buyable · 7 watching · 1 avoid.
Minervini Buyable A Trend-template read: all 7 measured criteria pass.
Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $933.79, MA150 $363.07, MA200 $284.53
1.2 150-day MA > 200-day MAMA150 $363.07 vs MA200 $284.53
Failing evidence
No failing criteria.
Not applicable
2. Quarterly EPS growth ≥ 25%No single-company earnings — not applicable to ETFs
2. ROE ≥ 17%No single-company earnings — not applicable to ETFs
2. Revenue growth ≥ 20% YoYNo single-company earnings — not applicable to ETFs
7/7 checks
Method → Playbook → Ask →
O'Neil Watch D CANSLIM read: 2/6 pass; improvement is still needed.
Passing evidence
L: RS rank ≥ 80 (IBD leadership)RS rank 99
N: Near 52-week high or RS line new high11.2% below high | RS line new high: False
Failing evidence
S: Base tightness (ATR% ≤ 4.5%)ATR% 5.97%
M: Market in confirmed uptrendMarket phase: uptrend_under_pressure
Not applicable
C: Quarterly EPS acceleration ≥ 25%No single-company earnings — not applicable to ETFs
A: Annual earnings & revenue qualityNo single-company earnings — not applicable to ETFs
2/6 checks
Method → Playbook → Ask →
Weinstein Watch C Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.

mediumClassic Stage 2 advancing phase — strong weekly trend confirms uptrend. This is Weinstein's sweet spot: buy and hold while price remains above the 30-week MA.

Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $933.79 vs MA200 $284.53
Failing evidence
Volume expansion above averageVolume ratio 0.27x
Weekly price coiling (Stage 2 consolidation)Tightening weekly range confirms base
5/7 checks
Method → Playbook → Ask →
dennis Watch C Turtle read: no Donchian signal. The system stays flat until price takes out the 20-day high.
Passing evidence
No breakdown below the 20-day channel20-day low $688.48
Volatility-unit sizing (1N ≈ 1% of equity)1N = $59.97 (6.42% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Failing evidence
S1: 20-day Donchian breakoutNot confirmed
S2: 55-day Donchian breakoutNot confirmed
5/7 checks
Method → Playbook → Ask →
zanger Avoid D Zanger read: a hard gate is broken — either the pattern is not one of his six, or the entry is more than 5% past the breakout. He would not touch this.
Passing evidence
Partial-profit plan: sell 20-30% at +15-20%Scale 20-30% at $1,073.86-$1,120.55; trail the rest
Trail on the 10/20-day MA10-day MA $900.23 · 20-day MA $903.21 — exit the remainder on a close below the trail
Failing evidence
Named Zanger pattern onlyTrend Only is not one of Zanger's six
Not extended (≤5% above the breakout point)Data unavailable
3/6 checks
Method → Playbook → Ask →
zweig Watch A Zweig read: passes his full growth screen — earnings growing faster than the market, a price that is reasonable for that growth, insiders buying, and price strength. Super Model timing — timing tailwinds: Breadth momentum, 4% Model (breadth proxy); 2 timing leg(s) lack data.
Passing evidence
Price strength (RS ≥ 70)RS score 99 — Zweig buys strength, not bargains
Breadth momentum: 10-day A/D ratio10-day A/D 1.17 (2025 adv / 1725 dec) — participation expanding
Failing evidence
Monetary conditions: don't fight the FedFed series stored but too thin to read direction
9-to-1 up/down volume daysOnly 17 breadth sessions stored — need 20+ to spot thrust days
Not applicable
EPS growth above the marketNo single-company earnings — not applicable to ETFs
Reasonable price for the growthNo single-company earnings — not applicable to ETFs
Insider buyingNo single-company earnings — not applicable to ETFs
3/5 checks
Method → Playbook → Ask →
Livermore Watch B Pivotal-point read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$933.79
Relative strengthRS 99
Failing evidence
Volume vs average0.27x
Pivotal point cleared on expanding volumeNot confirmed
4/6 checks
Method → Playbook → Ask →
Darvas Watch B Box-theory read: constructive evidence is present, but volume vs average is unresolved.

partialConsolidating within the box (14.8% from 52W high) — patience until it approaches the prior high.

Passing evidence
Price$933.79
Relative strengthRS 99
Failing evidence
Volume vs average0.27x
Box top broken on heavy volumeNot confirmed
4/6 checks
Method → Playbook → Ask →
Wyckoff Watch B Supply-and-demand read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$933.79
Relative strengthRS 99
Failing evidence
Volume vs average0.27x
Sign of Strength confirmed on expanding volumePrice hasn't cleared the pivot yet — confirmation pending
4/6 checks
Method → Playbook → Ask →
Base & Breakout
Breakout follow-through

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

Unlock Base & Breakout Tracking
RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▲ Rising
4941RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net +14 A+
A: 21 D: 7 Net: +1465 sessions
Minervini · Grade Card
Fundamentals & leadership quality — Minervini’s published criteria · 3/3 met · earnings criteria N/A for ETFs
A+ 3/3 criteria
Separate score from the Minervini Trend Template (8/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
– EPS acceleration ≥25% QoQ N/A
– Revenue growth ≥20% YoY N/A
– Gross margin ≥30% N/A
– ROE ≥17% N/A
✓ RS rating ≥80 (leadership) 99
✓ Stage 2 uptrend (Weinstein) Stage 2
✓ Within 25% of 52W high -11.2%

Method Playbook

Trade it like Zanger EXACT LEVELS · PRO
Zanger D · Avoid — The deterministic methodology check is Avoid; wait until the blocking criteria are resolved.
Pivot
Pro level
Published-method rule: Use the breakout point of a named pattern (flat base, bull flag, ascending triangle, cup and handle, double bottom, symmetrical triangle).
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Buy the breakout day on 150-200% of average volume. Never pay more than 5% above the breakout point.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Set the stop 2-3% below entry and sell on bad price action before it is even hit.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Sell 20-30% of the position at +15-20% from the breakout, then trail the rest on the 10/20-day moving average.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Out on a break of the 10/20-day MA, a failed breakout back below the pivot, or a reversal pattern — winners are held, laggards are sold fast.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →

Forming Patterns (predictive — not confirmed)

Head & Shoulders bearish forming
75% built

Possible head & shoulders top — not confirmed. Watch for a daily close below ~815.84 (neckline) to confirm, with measured-move risk toward ~579.74. A push back above 942.77 weakens the pattern; reclaiming 1051.94 invalidates it.

Confirms below 815.84
Invalidates at 1051.94
Left Shoulder 872.14
Head 1051.94
Right Shoulder 942.77
Neckline 815.84
Target 579.74

LS 872.14 / head 1051.94 / RS 942.77, neckline ~815.84, vol_fading=no

Predictive pattern recognition is educational — most forming structures never confirm. Wait for the confirmation level before treating this as a setup.

Pattern Analysis (historical)

Trend Only
83 setup score
RS Score 99
Trend template 8/8 ✓
Why This Setup?
Trend Only · schematic

Gatekeeper 8/8 | Strong trend (8/8) | Top RS (99) | Volume drying up (bullish) | Supply exhaustion (5 VDU bars) | Accumulation (2.4× up/dn vol) | Stage 2

Ask a Legend ▾
The Universal Edge Check · context only

What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.

2/7 universals met
  • Risk is defined — not met No stop — undefined risk
  • Asymmetric reward — partly met No target set
  • Clear of earnings — partly met Report date unknown
  • Not chasing (in range) — partly met Pivot distance unknown
  • Volume confirms — partly met 0.3× average — light
  • A relative-strength leader — met RS rank 99
  • In a confirmed uptrend — met Stage 2 · Trend template 8/8
Why these seven? → The Universal Edge

Minervini Trend Template

8/8 ✓

Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.

Price above SMA 150 & 200 $933.79 vs SMA150 $363.07 / SMA200 $284.53
SMA 150 above SMA 200 SMA150 $363.07 vs SMA200 $284.53
SMA 200 trending up Slope +88.12 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $708.25
Price above SMA 50 $933.79 vs SMA50 $708.25
30%+ above 52-week low +5448.4% from $16.83
Within 25% of 52-week high -11.2% from $1051.94
RS score above 70 RS 99

Fundamentals

52W Range
89%
Insider
No Buy

Company

Company profile
BWET
BWET
Track all markets on TradingView

Weekly Context

Multi-timeframe signals from weekly bars
W. Trend
8/8
W. RS
100
W. Support
$127.00
W. Resist
$1051.94
Weekly Structure

Scan History

Oct 21: 82 (Trend Only)Oct 22: 81 (Trend Only)Oct 23: 81 (Trend Only)Oct 23: 83 (Trend Only)Oct 26: 83 (Trend Only)83
Oct 26
Trend Only ✓ Gate
83
Oct 23
Trend Only ✓ Gate
83 +4.1%
Oct 23
Trend Only ✓ Gate
81 +4.1%
Oct 22
Trend Only ✓ Gate
81 +4.2%
Oct 21
Trend Only ✓ Gate
82 +16.7%

Latest News

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