WGMI CoinShares Bitcoin Mining ETF Forecast, Technical & Fundamental Analysis
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Momentum Indicator for WGMI turns positive, indicating new upward trend
WGMI saw its Momentum Indicator move above the 0 level on June 26, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 56 similar instances where the indicator turned positive. In of the 56 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for WGMI just turned positive on June 26, 2025. Looking at past instances where WGMI's MACD turned positive, the stock continued to rise in of 32 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WGMI advanced for three days, in of 183 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 185 cases where WGMI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where WGMI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
WGMI broke above its upper Bollinger Band on July 02, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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General Information
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WGMI and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, WGMI has been closely correlated with BKCH. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if WGMI jumps, then BKCH could also see price increases.
| Ticker / NAME | Correlation To WGMI | 1D Price Change % | ||
|---|---|---|---|---|
| WGMI | 100% | +2.52% | ||
| BKCH - WGMI | 96% Closely correlated | +3.21% | ||
| BLOK - WGMI | 93% Closely correlated | +1.54% | ||
| BITQ - WGMI | 92% Closely correlated | +1.80% | ||
| SPBC - WGMI | 77% Closely correlated | +0.54% | ||
| IBIT - WGMI | 68% Closely correlated | -0.27% | ||
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