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CoinShares Bitcoin Mining ETF

WGMI Technical Analysis Summary (NASDAQ)

Analyze WGMI on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

WGMI●NASDAQ
Financial ServicesAsset Management - Cryptocurrency
$47.48
$1.45(3.15%)
U.S. Market opens in 57h 45m

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 (NASDAQ)

CoinShares Bitcoin Mining ETF (NASDAQ: WGMI) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.87)
Trend Strength:Moderate (ADX: 22.99)
Volatility:High (ATR: 3.26)
Support/Resistance:$41.43 – $50.26 (Bollinger Bands)

Technical conditions suggest CoinShares Bitcoin Mining ETF on the NASDAQ is awaiting a decisive move. This mix signals that CoinShares Bitcoin Mining ETF is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 49.87

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 48.99

Neutral
Mid-range signal with no clear trend.

Williams %R: -25.80

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -5.80

Strongly Bearish
Sharp downside momentum.

Takeaway:CoinShares Bitcoin Mining ETF shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -1.93

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 22.99

Moderate
Moderate trend, direction gaining strength.

ATR (14): 3.26

Medium
Medium volatility, healthy price movement.

CCI (14): 77.05

Bullish
Bullish, momentum building upward.

Takeaway:CoinShares Bitcoin Mining ETF shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$50.26
Middle Band (SMA 20)
$45.84
Lower Band
$41.43
Current Position
Within Bands

Takeaway:CoinShares Bitcoin Mining ETF trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$52.73
Middle Line (EMA 20)
$46.21
Lower Channel
$39.69
Squeeze Status
Squeeze On

Takeaway:CoinShares Bitcoin Mining ETF trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-10.19M
Money Flow Index51.26Neutral, balanced money flows with no clear signal.
Relative Vigor Index60.78Bullish, price momentum strongly favors buyers.

Overall Takeaway:WGMI shows bullish money flow, with volume and vigor supporting buyers.

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

Bullish Signals

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

No significant bearish signals detected.

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

(NASDAQ: WGMI) Technical Analysis FAQ