B2GOLD CORP (BTO.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:BTO - CA11777Q2099 - Common Stock
Taking everything into account, BTO scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, BTO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, BTO also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 6.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.33, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BTO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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3.35
When analyzing the support we can see 4 important areas.
- A support zone ranging from 6.19 to 6.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.50 to 5.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.36 from a horizontal line in the daily time frame.
- Support @3.38 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.50 to 6.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 BTO.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTO.CA is up. |
| ChartMill Relative Strength | 79.52 | POSITIVE | BTO.CA has a high relative strength, it outperformed 79.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTO.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BTO.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTO.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.38 | NEUTRAL | The RSI value for BTO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests BTO.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.31 | OVERBOUGHT | The high Stochastics value suggests BTO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for BTO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.55 | NEGATIVE | The low ADX value for BTO.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.52 | 6.18 | 0.34 (5.21%) | 19.18% |
| An entry @6.52. This is a Buy Stop order right above the resistance zone. | An exit @6.18. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.34 points, which is 5.21%. | When investing 19.18% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of BTO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:BTO (12/10/2025, 7:00:00 PM)
6.43
+0.1 (+1.58%)
B2GOLD CORP / BTO.CA FAQ
What is the ChartMill technical rating of B2GOLD CORP (BTO.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to BTO.CA.
What is the trend direction for BTO stock?
The current trend direction for B2GOLD CORP (BTO.CA) is Bullish.
Can you provide the RSI signal for B2GOLD CORP?
B2GOLD CORP (BTO.CA) has an RSI value of 56.3795. This indicates that the stock is currently neutral.
Can you provide the MACD signal for B2GOLD CORP?
The MACD indicator for B2GOLD CORP (BTO.CA) has a value of 0.0683473, indicating a bearish trend.
What are the support and resistance levels for B2GOLD CORP (BTO.CA) stock?
B2GOLD CORP (BTO.CA) has a support level at 6.33 and a resistance level at 6.5. Check the full technical report for our detailed analysis of BTO.CA support and resistance levels.