CoinShares Bitcoin Miners ETF (WGMI, $18.09) entered Downtrend as Momentum indicator drops below 0 level on Jun 23, 2025

@Digitalccurrency, #TechnicalAnalysis, #Momentum, #Bearish, #ETFs
WGMI - CoinShares Bitcoin Miners ETF
Momentum signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $18.09
Daily change: -$0.49 (-2.64%)
Daily volume: 457.8K
Net Assets: $156.9M

This indicator may be signaling that WGMI's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 55 similar cases where WGMI's Momentum Indicator fell below the 0 level, and 54 of them led to a successful outcome. Odds of Success: 90%.