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Stock Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

BITFARMS LTD (TSE: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.

TSE_BITF
Open High Low BITF Price Change
2.50 2.56 2.42 2.44 +0.05
Entry Signal

MarketClub’s Trade Triangles for BITF

long term down The long-term trend has been DOWN since Dec 20th, 2024 at 2.375

intermediate term down The intermediate-term trend has been DOWN since Dec 3rd, 2024 at 2.740

short term up The short-term trend has been UP since Jan 14th, 2025 at 2.330

Smart Scan Analysis for BITF

Based on our trend formula, BITF is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for BITF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.50 2.56 2.42 2.44 +0.05
Prev. Close Volume Bid Ask Time
2.45 3632808 2025-01-17 15:59:53
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