B2GOLD CORP (BTG) Technical Analysis
NYSEARCA:BTG • CA11777Q2099
Current stock price
BTG Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to BTG. Although BTG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, we notice that BTG is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, BTG also shows a nice and consistent pattern of rising prices.
- BTG has an average volume of 39942400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- BTG is an average performer in the Metals & Mining industry, it outperforms 42% of 157 stocks in the same industry.
- BTG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BTG is lagging the market slightly.
- In the last month BTG has a been trading in the 3.88 - 5.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BTG Weekly and Daily overview Charts
BTG Setup Rating and Analysis
BTG has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
BTG Support and Resistance Analysis
3.72
When analyzing the support we can see 2 important areas.
- Support @3.95 from a trend line in the daily time frame.
- Support @3.76 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.74 to 4.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
BTG Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for BTG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BTG is neutral. |
| ChartMill Relative Strength | 87.14 | POSITIVE | BTG has a high relative strength, it outperformed 87.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BTG is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BTG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.82 | NEUTRAL | The RSI value for BTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests BTG has a positive trend. |
| Stochastics (14,3) | 67.5 | NEUTRAL | The Stochastics value for BTG is a neutral value. |
| Average True Range in percent/ATR (20) | 5.83 | HIGH VOLATILITY | The high ATR as a percentage value for BTG suggests high volalility. |
| Average Directional Index/ADX (14) | 27.66 | POSITIVE | The high ADX value value for BTG suggests a strong trend. |
BTG Chart- and CandleStick Pattern Analysis
BTG Technicals: Chart, Performance Metrics, Trend & Indicators
4.73
-0.11 (-2.27%)
B2GOLD CORP / BTG TA FAQ
What is the ChartMill technical rating of B2GOLD CORP (BTG) stock?
ChartMill assigns a technical rating of 5 / 10 to BTG.
Can you provide the trend direction for B2GOLD CORP?
The current trend direction for B2GOLD CORP (BTG) is Bearish.
What is the RSI signal for BTG stock?
B2GOLD CORP (BTG) has an RSI value of 49.8179. This indicates that the stock is currently neutral.
What is the MACD signal for B2GOLD CORP (BTG) stock?
The MACD indicator for B2GOLD CORP (BTG) has a value of 0.0519063, indicating a bearish trend.
What is the short term momentum for BTG stock?
The short term momentum for B2GOLD CORP (BTG) is neutral.