


Technical Sentiment Analysis for CoinShares Bitcoin Mining ETF (WGMI). As of 2026-07-07, CoinShares Bitcoin Mining ETF (WGMI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 6 indicators are flashing buy, while 9 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for WGMI stands at 35.63, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -1.63, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 9.07 and the Commodity Channel Index (CCI) at -179.21 further confirm a -19.35 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, WGMI is trading above its 60-day moving average of $58.82 and above its 200-day long-term moving average of $49.21. Key price levels to watch include the immediate resistance at $73.19 and strong support at $50.54. A break above $73.19 could signal a bull continuation, while falling below $50.54 may test the next Fibonacci floor at $39.45.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 27.89 | 39.45 | 50.54 | 62.1 | 73.19 | 84.75 | 95.84 |
| Fibonacci | 39.45 | 48.11 | 53.45 | 62.1 | 70.76 | 76.1 | 84.75 |
2026-07-07
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 35.63 |
| Stochastic Oscillator | 9.07 |
| Stochastic RSI | 10.46 |
| Commodity Channel Index (CCI) | -179.21 |
| Awesome Oscillator | -7.03 |
| Momentum | -19.35 |
| MACD | -1.63 |
2026-07-07
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 56.83 | Sell |
| 10-Day | 61.62 | Sell |
| 20-Day | 64.27 | Sell |
| 60-Day | 58.82 | Sell |
| 200-Day | 49.21 | Buy |
| 250-Day | 45.04 | Buy |