B2GOLD CORP (BTO.CA) Stock Technical Analysis
TSX:BTO - Toronto Stock Exchange - CA11777Q2099 - Common Stock - Currency: CAD
We assign a technical rating of 10 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.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that BTO is one of the better performing stocks in the market, outperforming 84% of all stocks.
A new 52 week high is currently being made by BTO, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so BTO is leading the market.
In the last month BTO has a been trading in the 4.00 - 5.21 range, which is quite wide. It is currently trading near the high of this range.
BTO has an average volume of 3510530 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 807 other stocks in this industry, BTO did better than 65% of them.
Although BTO has an excellent technical rating, the quality of the presented setup is not ideal 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
We found 6 important support areas.
- Support @4.90 from a horizontal line in the daily time frame.
- A support zone ranging from 4.12 to 4.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.97 from a trend line in the daily time frame.
- Support @3.85 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 | UP | POSITIVE | The short term trend for BTO.CA is up. |
| ChartMill Relative Strength | 84.48 | POSITIVE | BTO.CA has a high relative strength, it outperformed 84.48% 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) | 66.76 | 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) | 75.44 | NEUTRAL | The Stochastics value for BTO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.29 | MEDIUM VOLATILITY | The ATR as a percentage value for BTO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 31.5 | POSITIVE | The high ADX value value for BTO.CA 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)
TSX:BTO (6/13/2025, 7:00:00 PM)
5.11
+0.07 (+1.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.39%
1 Week2%
2 Weeks10.85%
1 Month24.33%
3 Month19.95%
6 Month36.27%
12 Month43.54%
2 Year8.26%
3 Year17.2%
5 Year-33.81%
10 Year167.54%
15 Year209.7%
Volatility
ATR(14)0.16
ATR(20)%3.29%
ATR Inc2.25%
Range Today0.11
ADR(20)0.16
ADR(20)%3.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.48
Mansfield2.08
10 Day High5.21
10 Day Low4.7
20 Day High5.21
20 Day Low4.01
52 Week High5.21
52 Week Low3.16
CS1 End4.9
CR1 Start5.12
Volume & EV
DER(3)6.71%
DER(5)3.02%
Volume3.11M
Volume Incr-32.89%
Vol(5)2.38M
Vol(50)3.51M