B2GOLD CORP (BTO.CA) Stock Technical Analysis
TSX:BTO - Toronto Stock Exchange - CA11777Q2099 - Common Stock
Overall BTO gets a technical rating of 0 out of 10. BTO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, BTO is a bad performer in the overall market: 82% of all stocks are doing better.
BTO is one of the lesser performing stocks in the Metals & Mining industry. 62% of 825 stocks in the same industry do better.
BTO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month BTO has a been trading in the 3.37 - 3.85 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
BTO has an average volume of 2877870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, BTO does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 3.45, a Stop Loss order could be placed below this zone.
More info and screens
3.33
4.68
When analyzing the support we can see 2 important areas.
- Support @3.45 from a horizontal line in the daily time frame.
- A support zone ranging from 3.36 to 3.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 3.60 to 3.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 3.75 to 3.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.59 to 4.63. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.05
Mansfield-1.69
10 Day High3.85
10 Day Low3.37
20 Day High3.85
20 Day Low3.37
52 Week High4.84
52 Week Low3.18
Performance
1 Week-7.22%
2 Weeks-6.47%
1 Month-5.71%
3 Month-26.95%
6 Month-14.32%
12 Month-11.03%
2 Year-34.16%
3 Year-24.24%
5 Year-39.44%
10 Year38.8%
15 Year177.6%
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)-0.01
RSI(14)37.77
LBB3.39
UBB3.84
B2GOLD CORP
TSX:BTO (1/17/2025, 7:00:00 PM)
3.47
+0.04 (+1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.17%
1 Week-7.22%
2 Weeks-6.47%
1 Month-5.71%
3 Month-26.95%
6 Month-14.32%
12 Month-11.03%
2 Year-34.16%
3 Year-24.24%
5 Year-39.44%
10 Year38.8%
15 Year177.6%
Volatility
ATR(14)0.12
ATR(20)%3.24%
ATR Inc12.62%
Range Today0.13
ADR(20)0.1
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
CRS18.05
Mansfield-1.69
10 Day High3.85
10 Day Low3.37
20 Day High3.85
20 Day Low3.37
52 Week High4.84
52 Week Low3.18
CS1 End3.45
CR1 Start3.6
Volume & EV
DER(3)-6.64%
DER(5)-4.72%
Volume2.11M
Volume Incr84.16%
Vol(5)3.89M
Vol(50)2.88M