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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Bit Digital, Inc. - Ordinary Share (NASDAQ:BTBT)

Weak Downtrend (-65) - BTBT is showing signs of a strengthening downtrend. Monitor BTBT as it may be building momentum to the downside.

Is it time to buy, sell, or avoid BTBT?

MarketClub looks at technical strength and momentum to determine if the timing is right for BTBT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_BTBT
Open High Low BTBT Price Change
2.160 2.225 2.140 2.220 +0.050
Entry Signal

MarketClub’s Trade Triangles for BTBT

long term down The long-term trend has been DOWN since Mar 6th, 2024 at 2.274

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 2.050

short term down The short-term trend has been DOWN since May 8th, 2024 at 2.130

Smart Scan Analysis for BTBT

Based on our trend formula, BTBT is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BTBT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.160 2.225 2.140 2.220 +0.050
Prev. Close Volume Bid Ask Time
2.170 817000 2024-05-09 11:15:44
52wk High5.2752wk High Date2023-12-29
52wk Low1.7652wk Low Date2024-04-16
Average Volume5,541,834Shares Outstanding48,044
Assets189,328,382MLiabilities36,624,526M
P/E Ratio18.125
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