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CoinShares Bitcoin Mining ETF

WGMI•NASDAQ
Financial Services
Asset Management - Cryptocurrency
$35.76
$0.90(2.58%)
U.S. Market opens in 17h 43m

CoinShares Bitcoin Mining ETF (WGMI) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for CoinShares Bitcoin Mining ETF (NASDAQ:WGMI).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

WGMI Technical Analysis Summary

CoinShares Bitcoin Mining ETF stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 43.84)
Trend Strength:Weak (ADX: 19.58)
Volatility:High (ATR: 2.72)
Support/Resistance:$33.34 – $41.75 (Bollinger Bands)

This mix signals that CoinShares Bitcoin Mining ETF is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 43.84

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 35.11

Bearish
Momentum remains weak below midpoint.

Williams %R: -58.47

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -6.58

Strongly Bearish
Sharp downside momentum.

Takeaway:CoinShares Bitcoin Mining ETF shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -1.53

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 19.58

Weak
Weak trend, market trading sideways.

ATR (14): 2.72

Medium
Medium volatility, healthy price movement.

CCI (14): -85.20

Bearish
Bearish, momentum remains under pressure.

Takeaway:CoinShares Bitcoin Mining ETF shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$41.75
Middle Band (SMA 20)
$37.55
Lower Band
$33.34
Current Position
Within Bands

Takeaway:CoinShares Bitcoin Mining ETF trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$42.89
Middle Line (EMA 20)
$37.46
Lower Channel
$32.02
Squeeze Status
Squeeze On

Takeaway:CoinShares Bitcoin Mining ETF trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-4.63M
Money Flow Index35.72Bearish, selling pressure outweighs inflows.
Relative Vigor Index61.72Bullish, price momentum strongly favors buyers.

Overall Takeaway:WGMI shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of CoinShares Bitcoin Mining ETF, here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for CoinShares Bitcoin Mining ETF are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ