B2GOLD CORP (BTO.CA) Stock Technical Analysis
TSX:BTO - Toronto Stock Exchange - CA11777Q2099 - Common Stock - Currency: CAD
Taking everything into account, BTO scores 9 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.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that BTO is one of the better performing stocks in the market, outperforming 82% of all stocks. We also observe that the gains produced by BTO over the past year are nicely spread over this period.
BTO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BTO is lagging the market slightly.
In the last month BTO has a been trading in the 4.56 - 5.12 range, which is quite wide. It is currently trading near the high of this range.
BTO has an average volume of 2949740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BTO is part of the Metals & Mining industry. There are 797 other stocks in this industry, BTO did better than 61% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BTO 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
3.35
5.17
8 important support areas can be observed.
- Support @5.08 from a horizontal line in the daily time frame.
- A support zone ranging from 4.73 to 4.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.56 to 4.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.48 from a trend line in the daily time frame.
- Support @4.39 from a trend line in the weekly time frame.
- Support @4.08 from a horizontal line in the daily time frame.
- Support @3.75 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 5.12 to 5.12. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for BTO.CA is neutral. |
| ChartMill Relative Strength | 82.23 | POSITIVE | BTO.CA has a high relative strength, it outperformed 82.23% 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) | UP | POSITIVE | The current price of BTO.CA is above the rising 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) | 63.75 | NEUTRAL | The RSI value for BTO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BTO.CA has a positive trend. |
| Stochastics (14,3) | 63.34 | NEUTRAL | The Stochastics value for BTO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.2 | MEDIUM VOLATILITY | The ATR as a percentage value for BTO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.98 | NEGATIVE | The low ADX value for BTO.CA suggests a weak or negative 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)
TSX:BTO (8/5/2025, 7:00:00 PM)
5.11
+0.37 (+7.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg7.81%
1 Week8.96%
2 Weeks8.26%
1 Month1.79%
3 Month17.2%
6 Month41.55%
12 Month51.63%
2 Year22.84%
3 Year26.8%
5 Year-41.67%
10 Year231.82%
15 Year168.95%
Volatility
ATR(14)0.16
ATR(20)%3.2%
ATR Inc100.52%
Range Today0.26
ADR(20)0.15
ADR(20)%2.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.23
Mansfield1.3
10 Day High5.12
10 Day Low4.59
20 Day High5.12
20 Day Low4.56
52 Week High5.21
52 Week Low3.16
CS1 End5.08
CR1 Start5.12
Volume & EV
DER(3)1.54%
DER(5)-0.05%
Volume5.44M
Volume Incr18.55%
Vol(5)3.27M
Vol(50)2.95M