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Stock Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Bitfarms Ltd. (NASDAQ:BITF)
Long-Term Uptrend (+90) - BITF is in a strong uptrend that is likely to continue. While BITF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid BITF?
MarketClub looks at technical strength and momentum to determine if the timing is right for BITF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BITF
The long-term trend has been UP since Jun 17th, 2024 at 3.025
The intermediate-term trend has been UP since Nov 11th, 2024 at 2.365
The short-term trend has been UP since Nov 20th, 2024 at 2.320
Smart Scan Analysis for BITF
Based on our trend formula, BITF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.300 | 2.330 | 2.100 | 2.165 | -0.065 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.170 | 78972367 | 2024-11-20 15:59:32 |
| 52wk High | 3.91 | 52wk High Date | 2024-02-27 |
| 52wk Low | 1.01 | 52wk Low Date | 2023-11-24 |
| Average Volume | 40,834,726 | Shares Outstanding | 198,999 |
| Assets | 332,797,000M | Liabilities | 45,297,000M |
| P/E Ratio | 8.6923 |