


Technical Sentiment Analysis for CoinShares Bitcoin Mining ETF (WGMI). As of 2026-06-12, CoinShares Bitcoin Mining ETF (WGMI) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 9 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for WGMI stands at 56.3, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 2.64, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 29.1 and the Commodity Channel Index (CCI) at 34 further confirm a -2.12 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, WGMI is trading above its 60-day moving average of $52.05 and above its 200-day long-term moving average of $46.88. Key price levels to watch include the immediate resistance at $74.04 and strong support at $58.62. A break above $74.04 could signal a bull continuation, while falling below $58.62 may test the next Fibonacci floor at $51.04.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 43.21 | 51.04 | 58.62 | 66.45 | 74.04 | 81.87 | 89.45 |
| Fibonacci | 51.04 | 56.93 | 60.57 | 66.45 | 72.34 | 75.98 | 81.87 |
2026-06-12
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 56.3 |
| Stochastic Oscillator | 29.1 |
| Stochastic RSI | 31.31 |
| Commodity Channel Index (CCI) | 34 |
| Awesome Oscillator | 4.18 |
| Momentum | -2.12 |
| MACD | 2.64 |
2026-06-12
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 63.63 | Buy |
| 10-Day | 66.21 | Buy |
| 20-Day | 64.08 | Buy |
| 60-Day | 52.05 | Buy |
| 200-Day | 46.88 | Buy |
| 250-Day | 42.46 | Buy |