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Stock Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
BITFARMS LTD (TSE:BITF)
Crossroads (+60) - BITF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Dec 20th, 2024 at 2.375
The intermediate-term trend has been UP since Apr 22nd, 2025 at 1.280
The short-term trend has been UP since May 8th, 2025 at 1.420
Smart Scan Analysis for BITF
Based on our trend formula, BITF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.450 | 1.510 | 1.405 | 1.490 | +0.080 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.490 | 2391049 | 2025-05-08 16:56:56 |