B2GOLD CORP

- USD (-)

- 15 min delayed data - NYSE MKT Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	BTG
ISIN:	CA11777Q2099

B2GOLD CORP - Daily - Technical analysis published on 01/14/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

33%

17%

50%

My opinion

Bullish above 3.67 USD

My targets

4.04 USD (+4.12%)

4.53 USD (+16.75%)

My analysis

The bullish trend is currently very strong on B2GOLD CORP. As long as the price remains above the support at 3.67 USD, you could try to benefit from the boom. The first bullish objective is located at 4.04 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 4.53 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

FORCE

6.6

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The B2GOLD CORP price is 3.88 USD. On the day, this instrument lost -2.02% with the lowest point at 3.87 USD and the highest point at 3.95 USD. The deviation from the price is +0.26% for the low point and -1.77% for the high point.

3.87

3.95

3.88

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of B2GOLD CORP in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Near resistance of triangle

Type : Bearish

Timeframe : Daily

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

White morning star

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	3.23	3.47	3.87	3.88	4.04	4.53
Change (%)	-16.75%	-10.57%	-0.26%	-	+4.12%	+16.75%
Change	-0.65	-0.41	-0.01	-	+0.16	+0.65
Level	Major	Intermediate	Major	-	Major	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.65	3.75	3.85	3.95	4.05	4.15	4.25
Camarilla	3.91	3.92	3.94	3.96	3.98	4.00	4.02
Woodie	3.66	3.75	3.86	3.95	4.06	4.15	4.26
Fibonacci	3.75	3.82	3.87	3.95	4.02	4.07	4.15

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.48	3.62	3.79	3.93	4.10	4.24	4.41
Camarilla	3.88	3.90	3.93	3.96	3.99	4.02	4.05
Woodie	3.50	3.63	3.81	3.94	4.11	4.25	4.42
Fibonacci	3.62	3.74	3.81	3.93	4.05	4.12	4.24

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.13	3.33	3.67	3.87	4.21	4.41	4.75
Camarilla	3.86	3.91	3.96	4.01	4.06	4.11	4.16
Woodie	3.20	3.37	3.74	3.91	4.28	4.45	4.82
Fibonacci	3.33	3.54	3.66	3.87	4.08	4.20	4.41

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	53.12
MACD (12,26,9):	0.0700
Directional Movement:	7.41
AROON (14):	71.43
DEMA (21):	3.94
Parabolic SAR (0,02-0,02-0,2):	3.73
Elder Ray (13):	0.03
Super Trend (3,10):	3.62
Zig ZAG (10):	3.88
VORTEX (21):	1.0100
Stochastique (14,3,5):	63.51
TEMA (21):	3.94
Williams %R (14):	-37.25
Chande Momentum Oscillator (20):	0.03
Repulse (5,40,3):	-2.5300
ROCnROLL:	-1
TRIX (15,9):	0.3200
Courbe Coppock:	10.67

MA7:	3.91
MA20:	3.84
MA50:	3.69
MA100:	3.53
MAexp7:	3.90
MAexp20:	3.85
MAexp50:	3.71
MAexp100:	3.56
Price / MA7:	-0.77%
Price / MA20:	+1.04%
Price / MA50:	+5.15%
Price / MA100:	+9.92%
Price / MAexp7:	-0.51%
Price / MAexp20:	+0.78%
Price / MAexp50:	+4.58%
Price / MAexp100:	+8.99%

News

The latest news and videos published on B2GOLD CORP at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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