B2GOLD CORP (BTO.CA) Stock Technical Analysis
TSX:BTO • CA11777Q2099
We assign a technical rating of 9 out of 10 to BTO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BTO is showing a nice and steady performance.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, BTO did better than 79% of all other stocks. On top of that, BTO also shows a nice and consistent pattern of rising prices.
- 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.
- BTO has an average volume of 7875120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- BTO is an average performer in the Metals & Mining industry, it outperforms 44% of 803 stocks in the same industry.
- In the last month BTO has a been trading in the 6.45 - 7.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, BTO also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 6.73, 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.
More info and screens
3.37
When analyzing the support we can see 4 important areas.
- A support zone ranging from 6.62 to 6.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.47 from a horizontal line in the daily time frame.
- A support zone ranging from 5.98 to 6.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.40 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 7.72 to 7.79. 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 | 79.14 | POSITIVE | BTO.CA has a high relative strength, it outperformed 79.14% 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) | 54.85 | NEUTRAL | The RSI value for BTO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BTO.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.18 | NEUTRAL | The Stochastics value for BTO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.52 | HIGH VOLATILITY | The high ATR as a percentage value for BTO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.4 | 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 |
|---|---|---|---|
| 7.80 | 6.61 | 1.19 (15.26%) | 6.55% |
| An entry @7.80. This is a Buy Stop order right above the resistance zone. | An exit @6.61. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.19 points, which is 15.26%. | For a 1.00% total portfolio risk, you can invest 6.55% of your capital in this trade. |
- 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 (2/20/2026, 7:00:00 PM)
7.37
+0.37 (+5.29%)
B2GOLD CORP / BTO.CA FAQ
What is the ChartMill technical rating of B2GOLD CORP (BTO.CA) stock?
ChartMill assigns a technical rating of 9 / 10 to BTO.CA.
What is the current trend direction of B2GOLD CORP (BTO.CA) 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 54.8467. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for B2GOLD CORP?
B2GOLD CORP (BTO.CA) has a support level at 6.73 and a resistance level at 7.72. Check the full technical report for our detailed analysis of BTO.CA support and resistance levels.