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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
BITFARMS LTD (TSE:BITF)
Bull Market Weakness (+75) - BITF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BITF as it may be in the beginning stages 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 UP since Nov 11th, 2024 at 3.690
The intermediate-term trend has been UP since Nov 11th, 2024 at 3.285
The short-term trend has been DOWN since Nov 14th, 2024 at 3.160
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 |
|---|---|---|---|---|
| 2.980 | 3.205 | 2.870 | 3.105 | +0.095 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.110 | 4057180 | 2024-11-19 15:59:30 |