B2GOLD CORP (BTG) Stock Technical Analysis
USA - NYSEARCA:BTG - CA11777Q2099 - Common Stock
5.55 USD
-0.39 (-6.57%)
5.62 USD
+0.07 (+1.26%)
Taking everything into account, BTG scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, BTG has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that BTG is one of the better performing stocks in the market, outperforming 93% of all stocks.
BTG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BTG has a been trading in the 4.58 - 5.94 range, which is quite wide. It is currently trading near the high of this range.
BTG has an average volume of 46700800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BTG is an average performer in the Metals & Mining industry, it outperforms 61% of 156 stocks in the same industry.
Although BTG has an excellent technical rating, it 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
3.77
5.61
We found 3 important support areas.
- A support zone ranging from 5.06 to 5.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.92 from a trend line in the weekly time frame.
- Support @3.81 from a trend line in the daily time frame.
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 | UP | POSITIVE | The long term trend for BTG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTG is up. |
| ChartMill Relative Strength | 93.77 | POSITIVE | BTG has a high relative strength, it outperformed 93.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTG is above the rising 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) | 63.92 | NEUTRAL | The RSI value for BTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BTG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.55 | OVERBOUGHT | The high Stochastics value suggests BTG may be overbought. |
| Average True Range in percent/ATR (20) | 4.09 | MEDIUM VOLATILITY | The ATR as a percentage value for BTG suggests some volalility. |
| Average Directional Index/ADX (14) | 40.34 | POSITIVE | The high ADX value value for BTG suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
5.55
-0.39 (-6.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-6.57%
1 Week9.25%
2 Weeks9.25%
1 Month23.61%
3 Month66.67%
6 Month67.17%
12 Month60.4%
2 Year71.83%
3 Year80.78%
5 Year-13.82%
10 Year418.69%
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%4.09%
ATR Inc88.65%
Range Today0.44
ADR(20)0.2
ADR(20)%3.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.77
Mansfield5.26
10 Day High5.94
10 Day Low5
20 Day High5.94
20 Day Low4.58
52 Week High5.94
52 Week Low2.2
CS1 End5.07
CR1 StartN/A
Volume & EV
DER(3)9.65%
DER(5)9.52%
Volume67.21M
Volume Incr-9.75%
Vol(5)53.92M
Vol(50)46.70M