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B2GOLD CORP (BTO.CA) Stock Technical Analysis

TSX:BTO - Toronto Stock Exchange - CA11777Q2099 - Common Stock - Currency: CAD

4  +0.04 (+1.01%)

Technical Rating and Analysis

5

Overall BTO gets a technical rating of 5 out of 10. BTO has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month BTO has a been trading in the 3.27 - 4.17 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
BTO has an average volume of 2989980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, BTO turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
BTO is an average performer in the Metals & Mining industry, it outperforms 55% of 820 stocks in the same industry.
BTO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BTO is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
B2GOLD CORP / BTO Weekly stock chart
B2GOLD CORP / BTO Daily stock chart
Setup Rating and Analysis

2

BTO has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

3.34

4.68

3 important support areas can be observed.

  • A support zone ranging from 3.68 to 3.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 3.59 to 3.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 3.37 to 3.43. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • A resistance zone ranging from 4.01 to 4.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @4.53 from a trend line in the weekly time frame.
  • Resistance @4.63 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.12
Mansfield-0.31
10 Day High4.17
10 Day Low3.57
20 Day High4.17
20 Day Low3.28
52 Week High4.84
52 Week Low3.16
Performance
1 Week8.99%
2 Weeks11.73%
1 Month19.4%
3 Month-1.48%
6 Month3.36%
12 Month18.34%
2 Year-14.16%
3 Year-21.87%
5 Year-25.37%
10 Year89.57%
15 Year191.97%
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)0.05
RSI(14)68.71
LBB3.42
UBB3.96
B2GOLD CORP / BTO Daily stock chart

B2GOLD CORP

TSX:BTO (2/21/2025, 7:00:00 PM)

4

+0.04 (+1.01%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.01%
1 Week8.99%
2 Weeks11.73%
1 Month19.4%
3 Month-1.48%
6 Month3.36%
12 Month18.34%
2 Year-14.16%
3 Year-21.87%
5 Year-25.37%
10 Year89.57%
15 Year191.97%
Volatility
ATR(14)0.14
ATR(20)%3.4%
ATR Inc174.2%
Range Today0.2
ADR(20)0.12
ADR(20)%3.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.12
Mansfield-0.31
10 Day High4.17
10 Day Low3.57
20 Day High4.17
20 Day Low3.28
52 Week High4.84
52 Week Low3.16
CS1 End3.74
CR1 Start4.01
Volume & EV
DER(3)13.76%
DER(5)6.26%
Volume7.06M
Volume Incr69.91%
Vol(5)5.23M
Vol(50)2.99M