Technical analysis from B2Gold Corp (BTO.TO.TO, TSE:BTO.TO) on the Toronto Stock Exchange (TSX). Download the latest price data & trading signals

B2Gold Corp
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[Bullish]: Trend following indicator for BTO highlights upward price direction is likely
Sine Weighted Moving Average /
[Bullish]: Trend following indicator for BTO highlights upward price direction is likely

[BULLISH]: B2Gold Corp currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is 0.6%.

B2Gold Corp: Daily low price is $3.43 [Lower Low]
Low Price /
B2Gold Corp: Daily low price is $3.43 [Lower Low]

BTO: LOW Current Signal -> (1) 22 Jun: BULLISH (2) 21 Jun: NEUTRAL (3) 20 Jun: BULLISH

White Candle /
BTO Basic Candle: White

BTO: Basic Candlestick Recent Trading -> (1) 22 Jun: White Candle (2) 21 Jun: White Closing Marubozu (3) 20 Jun: White Candle

Percentage Price /
B2Gold Corp currently has negative PPO -0.987

[BEARISH]: B2Gold Corp currently has negative PPO -0.987%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Ease of Movement /
Price was difficult to move upward in recent trading on high volume causing an uptrend in price for BTO

BTO: EOM Current Signal -> (1) 22 Jun: BULLISH HARD (2) 21 Jun: BULLISH HARD (3) 20 Jun: BULLISH HARD

Open Tod Vs Close Tod /
Open/close reversal: Buyers have lost commitment during the trading day for B2Gold Corp

[BULLISH WEAK]: B2Gold Corp opened in the lower part of daily range at 20% & closed in the middle part of the trading range at 60%. This suggests the buyers have lost commitment. Over the last 12 months there has been 28 trading days with the opening price in the lower shadow & the closing the price in the middle shadow giving a confirmation ratio of 10.6%. Over the last month there has been 4 trading days with the opening price in the lower price range & the closing the price in the middle price range giving a confirmation ratio of 26.7%.

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Fibonacci Extensions /
B2Gold Corp has moved below the 161.8% extension level ($49.54) [Bullish]

B2Gold Corp has moved below the 161.8% level ($49.54) [Bullish]. Look for a long limit order entry near this point. Exit price for BTO should be set @$55.34 & Stoploss for B2Gold Corp should be set at $43.74

Weighted Moving Average /
Weighted Moving Average(5) signal continues for B2Gold Corp indicating upward price movement is likely

[BULLISH]: B2Gold Corp currently has a confirmed uptrend. Recent trading has caused the WMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is 0.6%.

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Rate of change(14) is decreasing for B2Gold Corp
Rate of Change /
Rate of change(14) is decreasing for B2Gold Corp

[BEARISH]: B2Gold Corp currently has negative rate of change of -1.425%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

The longest consecutive upswing rally over the last 12 months has been 5 days giving a total rally upward movement of 10.2%
Close Tod Vs Close Yest /
The longest consecutive upswing rally over the last 12 months has been 5 days giving a total rally upward movement of 10.2%

[BULLISH]: B2Gold Corpbuyers are keener than sellers and are driving the price up. There has been 4 consecutive days of price rise for BTO adding strength to an uptrend in the first timeframe. The biggest upward movement this month has been 1.2 & the greatest daily positive change this year has been 5.5. The longest consecutive upswing rally over the last 12 months has been 5 days giving a total rally upward movement of 10.2%. This quarter, the largest upswing rally has been 4 days giving a total rally upward movement of 5.2%. The win ratio for price rise in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 0.9x. Over the last month the average daily upward movement has been 0.800000%

On Balance Volume /
B2Gold Corp: Current trading activity signals OBV accumulation is present

BTO: OBV Recent Trading ->(1) 22 Jun: 1.05144e+006 (2) 21 Jun: -150286 (3) 20 Jun: -1.01371e+006

Closing Price /
B2Gold Corp: Daily performance is 0.6 % [Uptrend]

BTO: CLOSE Current Signal -> (1) 22 Jun: BULLISH (2) 21 Jun: BULLISH (3) 20 Jun: BULLISH

MACD /
B2Gold Corp: MACD oscillator (0.0016)

[BULLISH CROSSOVER]: B2Gold Corp currently has positive MACD of 0.0016. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 0%.

Range for BTO has not surpassed the range of the previous trading session
Price Range /
Range for BTO has not surpassed the range of the previous trading session

[BEARISH]: B2Gold Corp current downtrend in the first timeframe. Currently, the Range is $0.05.

Traders are currently Distributing B2Gold Corp
Accumulation / Distribution /
Traders are currently Distributing B2Gold Corp

BTO: ADLINE Current Signal -> (1) 22 Jun: BEARISH (2) 21 Jun: BEARISH (3) 20 Jun: BEARISH

Moving Average Envelope /
Envelope bands Oversold signal is still current for B2Gold Corp [Bullish]

[BULLISH]: B2Gold Corp current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 3.306.

Average Directional Movement /
B2Gold Corp has signalled an Average Directional Index weak trend present

[Weak Trend]: ADX for BTO has confirmed a weak trend is present. B2Gold Corp has an ATR(14) of 0.069, a DX of 5.69 & an ADX(14) of 14.51

Pivot Points /
Limit order for a long position has been identified for B2Gold Corp [Bullish]

B2Gold Corp has broken the first resistance point ($3.484) [Bullish]. Look for a long limit order entry near this point. Exit price for BTO should be set @$3.507 & Stoploss for B2Gold Corp should be set between $3.407 & $3.384

[Downtrend]: Average True Range (0.069) downtrend has been confirmed for BTO
Average True Range /
[Downtrend]: Average True Range (0.069) downtrend has been confirmed for BTO

[Bearish]: Average True Range has confirmed an downtrend is present. B2Gold Corp has a TR of 0.05, and an ATR(14) of 0.069.

B2Gold Corp continues negative divergence & potential shift in direction
Chaikin Money Flow /
B2Gold Corp continues negative divergence & potential shift in direction

[BEARISH]: B2Gold Corp current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.14. BTO The bearish signal has been active for 1 day. During the quarter, the lowest CMF value was -0.37

First timeframe trend of B2Gold Corp has signalled a rally day
Coles Reaction Day /
First timeframe trend of B2Gold Corp has signalled a rally day

B2Gold Corp: Coles Rally Day has been confirmed A higher high has been achieved for last trading day for BTO

Volume Rate of Change /
B2Gold Corp: Volume rate of Change (14)

[BEARISH]: B2Gold Corp currently has negative rate of change of -15%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 0.6%.

Momentum /
B2Gold Corp currently has positive momentum of 0.09

[BULLISH]: B2Gold Corp currently has positive momentum of 0.09. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is 0.6%. The largest upward momentum rally for the last 3 months is 8 days producing a return of 2.5%.

Simple Moving Average /
[Bullish]: Trend following indicator for BTO highlights upward price direction is likely

[BULLISH]: B2Gold Corp currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is 0.6%.

Triangular Moving Average /
[Bullish]: Trend following indicator for BTO highlights upward price direction is likely

[BULLISH]: B2Gold Corp currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is 0.6%.

B2Gold Corp: Range Performance (-28.6)
Range Tod Vs Range Yest /
B2Gold Corp: Range Performance (-28.6)

BTO: Range today versus range yesterday Current Signal ->(1) 22 Jun: BEARISH (2) 21 Jun: BULLISH (3) 20 Jun: BEARISH

B2Gold Corp has moved above the R1 Woodie pivot point ($3.486) [Bullish]
Woodie Pivot Point /
B2Gold Corp has moved above the R1 Woodie pivot point ($3.486) [Bullish]

B2Gold Corp current pivot point (Woodie) is: $3.458. The current resistance levels are: (R1) $3.486: (R2) $3.508The current support levels are: (S1) $3.436: (S2) $3.408

Elders Force Index /
Recent trading highlights continued selling pressure is present for BTO

BTO: Elders Force Index Current Signal -> (1) 22 Jun: BEARISH (2) 21 Jun: BEARISH (3) 20 Jun: BEARISH

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