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Stock Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Bitfarms Ltd. (NASDAQ:BITF)
Weak Downtrend (-65) - BITF is showing signs of a strengthening downtrend. Monitor BITF as it may be building momentum to the downside.
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 DOWN since Oct 7th, 2024 at 1.920
The short-term trend has been DOWN since Oct 25th, 2024 at 1.910
Smart Scan Analysis for BITF
Based on our trend formula, BITF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.01 | 2.03 | 1.89 | 1.90 | -0.09 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.90 | 26242294 | 2024-10-25 15:59:46 |
| 52wk High | 3.91 | 52wk High Date | 2024-02-27 |
| 52wk Low | 1.01 | 52wk Low Date | 2023-11-24 |
| Average Volume | 19,655,316 | Shares Outstanding | 198,999 |
| Assets | 332,797,000M | Liabilities | 45,297,000M |
| P/E Ratio | 8.6923 |