B2GOLD CORP (BTO.CA) Stock Technical Analysis
TSX:BTO - CA11777Q2099 - Common Stock
5.67 CAD
+0.11 (+1.98%)
We assign a technical rating of 10 out of 10 to BTO. 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.
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 80% of all stocks. On top of that, BTO also shows a nice and consistent pattern of rising prices.
BTO is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BTO has a been trading in the 4.66 - 5.68 range, which is quite wide. It is currently trading near the high of this range.
BTO has an average volume of 3116310 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 791 other stocks in this industry, BTO did better than 58% of them.
Although BTO has an excellent technical rating, it does not present a decent entry opportunity 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
5.73
When analyzing the support we can see 5 important areas.
- Support @5.21 from a horizontal line in the daily time frame.
- Support @4.89 from a trend line in the weekly time frame.
- Support @4.74 from a trend line in the daily time frame.
- Support @4.08 from a horizontal line in the daily time frame.
- Support @3.38 from a horizontal line in the weekly 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 BTO.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTO.CA is up. |
| ChartMill Relative Strength | 80.87 | POSITIVE | BTO.CA has a high relative strength, it outperformed 80.87% 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) | 68.74 | NEUTRAL | The RSI value for BTO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BTO.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.07 | OVERBOUGHT | The high Stochastics value suggests BTO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.18 | MEDIUM VOLATILITY | The ATR as a percentage value for BTO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.47 | NEUTRAL | The ADX value for BTO.CA suggests a possible start of a new 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 (8/29/2025, 7:00:00 PM)
5.67
+0.11 (+1.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.98%
1 Week2.9%
2 Weeks5.19%
1 Month21.67%
3 Month22.99%
6 Month46.51%
12 Month49.6%
2 Year36.3%
3 Year40.69%
5 Year-35.27%
10 Year268.18%
15 Year198.42%
Volatility
ATR(14)0.15
ATR(20)%3.18%
ATR Inc-38.43%
Range Today0.14
ADR(20)0.17
ADR(20)%2.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.87
Mansfield2.04
10 Day High5.69
10 Day Low5.17
20 Day High5.69
20 Day Low4.66
52 Week High5.69
52 Week Low3.16
CS1 End5.21
CR1 StartN/A
Volume & EV
DER(3)0.99%
DER(5)-0.07%
Volume3.82M
Volume Incr-15.26%
Vol(5)2.91M
Vol(50)3.12M