B2GOLD CORP (BTG) Stock Technical Analysis
NYSEARCA:BTG - NYSE Arca - CA11777Q2099 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to BTG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BTG is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
BTG is part of the Metals & Mining industry. There are 152 other stocks in this industry. BTG outperforms 72% of them.
BTG is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so BTG slightly outperforms the market at the moment.
BTG has an average volume of 47605700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that BTG is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month BTG has a been trading in the 2.53 - 3.51 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
BTG has an excellent technical rating, but the quality of the setup is only medium 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
2.57
3.51
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.72 to 2.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.66 from a horizontal line in the daily time frame.
- Support @2.60 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.38 to 3.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.47 to 3.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.55
Mansfield1.76
10 Day High3.51
10 Day Low2.72
20 Day High3.51
20 Day Low2.53
52 Week High3.51
52 Week Low2.2
Performance
1 Week-4.53%
2 Weeks18.8%
1 Month-0.32%
3 Month31.67%
6 Month-5.95%
12 Month20.61%
2 Year-19.8%
3 Year-25.65%
5 Year-37.55%
10 Year103.87%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)53.57
LBB2.54
UBB3.65
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 |
|---|---|---|---|
| 3.42 | 2.71 | 0.71 (20.76%) | 4.82% |
| An entry @3.42. This is a Buy Stop order right above the resistance zone. | An exit @2.71. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.71 points, which is 20.76%. | When investing 4.82% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
3.16
-0.11 (-3.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.36%
1 Week-4.53%
2 Weeks18.8%
1 Month-0.32%
3 Month31.67%
6 Month-5.95%
12 Month20.61%
2 Year-19.8%
3 Year-25.65%
5 Year-37.55%
10 Year103.87%
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%6.48%
ATR Inc-19.79%
Range Today0.1
ADR(20)0.18
ADR(20)%5.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.55
Mansfield1.76
10 Day High3.51
10 Day Low2.72
20 Day High3.51
20 Day Low2.53
52 Week High3.51
52 Week Low2.2
CS1 End2.72
CR1 Start3.38
Volume & EV
DER(3)6.61%
DER(5)5.96%
Volume51.13M
Volume Incr37.9%
Vol(5)67.06M
Vol(50)47.61M