Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
Bitfarms Ltd. (NASDAQ:BITF)
Bear Market Rally (-75) - BITF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BITF as it may be in the beginning of a reversal.
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 DOWN since Jan 6th, 2022 at 4.4048
The intermediate-term trend has been UP since Jul 20th, 2022 at 1.5000
The short-term trend has been DOWN since Aug 18th, 2022 at 1.7700
Smart Scan Analysis for BITF
Based on our trend formula, BITF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.5700 | 1.5900 | 1.4900 | 1.4982 | -0.2218 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.7200 | 4504631 | 2022-08-19 15:59:41 |
| 52wk High | 9.36 | 52wk High Date | 2021-11-10 |
| 52wk Low | 1.04 | 52wk Low Date | 2022-07-05 |
| Average Volume | 5,348,982 | Shares Outstanding | 198,999 |
| Assets | 322,430,000M | Liabilities | 40,614,000M |
| P/E Ratio | 13.2308 |