


Technical Sentiment Analysis for CoinShares Bitcoin Mining ETF (WGMI). As of 2026-04-16, CoinShares Bitcoin Mining ETF (WGMI) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 10 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for WGMI stands at 65.57, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.77, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 93.15 and the Commodity Channel Index (CCI) at 138.79 further confirm a 11.72 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, WGMI is trading above its 60-day moving average of $41.04 and above its 200-day long-term moving average of $40.42. Key price levels to watch include the immediate resistance at $49.2 and strong support at $33.9. A break above $49.2 could signal a bull continuation, while falling below $33.9 may test the next Fibonacci floor at $25.79.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 18.61 | 25.79 | 33.9 | 41.08 | 49.2 | 56.38 | 64.49 |
| Fibonacci | 25.79 | 31.63 | 35.24 | 41.08 | 46.93 | 50.54 | 56.38 |
2026-04-16
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 65.57 |
| Stochastic Oscillator | 93.15 |
| Stochastic RSI | 94.55 |
| Commodity Channel Index (CCI) | 138.79 |
| Awesome Oscillator | 5.95 |
| Momentum | 11.72 |
| MACD | 1.77 |
2026-04-16
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 45.65 | Buy |
| 10-Day | 42.02 | Buy |
| 20-Day | 39.49 | Buy |
| 60-Day | 41.04 | Buy |
| 200-Day | 40.42 | Buy |
| 250-Day | 35.77 | Buy |