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CoinShares Bitcoin Mining ETF

WGMI•NASDAQ
Financial Services
Asset Management - Cryptocurrency
$39.76
$0.91(2.36%)
U.S. Market opens in 12h 20m

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: 43.97)
Trend Strength:Moderate (ADX: 22.27)
Volatility:High (ATR: 3.30)
Support/Resistance:$34.76 – $50.97 (Bollinger Bands)

Technical conditions suggest CoinShares Bitcoin Mining ETF is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 43.97

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 39.17

Bearish
Momentum remains weak below midpoint.

Williams %R: -58.99

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -10.53

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: -1.50

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 22.27

Moderate
Moderate trend, direction gaining strength.

ATR (14): 3.30

Medium
Medium volatility, healthy price movement.

CCI (14): -67.61

Bearish
Bearish, momentum remains under pressure.

Takeaway:CoinShares Bitcoin Mining ETF shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$50.97
Middle Band (SMA 20)
$42.86
Lower Band
$34.76
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$48.63
Middle Line (EMA 20)
$42.03
Lower Channel
$35.43
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-624.47K
Money Flow Index41.16Neutral, balanced money flows with no clear signal.
Relative Vigor Index50.16Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:WGMI shows neutral money flow, with no clear directional pressure.

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

ADX above 20 → strong underlying trend.

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

Bearish Signals

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

Overall Recommendation:CoinShares Bitcoin Mining ETF shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ