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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
$46.13
$0.13(0.28%)
U.S. Market opens in 12h 49m

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: 46.68)
Trend Strength:Weak (ADX: 14.89)
Volatility:High (ATR: 2.67)
Support/Resistance:$41.40 – $52.47 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 46.68

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 41.19

Neutral
Mid-range signal with no clear trend.

Williams %R: -66.09

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -3.49

Bearish
Selling pressure outweighs buying.

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

Trend & Volatility

MACD: 0.12

Bullish
Bullish, trend momentum is strengthening.

ADX: 14.89

Weak
Weak trend, market trading sideways.

ATR (14): 2.67

Medium
Medium volatility, healthy price movement.

CCI (14): -31.06

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
$52.47
Middle Band (SMA 20)
$46.93
Lower Band
$41.40
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$52.82
Middle Line (EMA 20)
$47.48
Lower Channel
$42.13
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-6.38M
Money Flow Index38.25Bearish, selling pressure outweighs inflows.
Relative Vigor Index41.80Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:WGMI shows bearish money flow, with sellers dominating volume and vigor.

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

MACD above 0 → bullish trend confirmation.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

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

(NASDAQ: WGMI) Technical Analysis FAQ