
Why Is CoinShares Bitcoin Mining ETF (WGMI) Stock Down Today?
Live update on WGMI's stock movement with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.
CoinShares Bitcoin Mining ETF (WGMI)
Summary
CoinShares Bitcoin Mining ETF (WGMI) is trading down -11.20% at $61.59, reflecting a negative shift in investor sentiment today. The stock opened at $66.47 and has moved between $58.87 and $66.50 so far.
Trading volume is 2153745, which is 290% above its average, and the price action suggests selling interest.
Technically, WGMI is trading above its 50-day moving average of $51.16 and above its 200-day moving average of $45.61, indicating short-term and long-term strength.
Meyka's AI assigns WGMI a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of -0.41% in 1 month ($61.34), -15.61% in 1 year ($51.97), and +76.37% in 5 years ($108.63).
View the full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement.
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WGMI Technical Signals
Trading over 50-day moving average ($51.16)
Trading over 200-day moving average ($45.61)
Price Forecast
1 Month
$61.34
1 Year
$51.97
3 Years
$80.38
5 Years
$108.63
Is this change significant?
5-Day:-10.73%
1-Month:+11.70%
3-Month:+56.92%
What's next?
Next earnings date: 7/30/2025