Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, April 25, 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.

NASDAQ_BITF
Open High Low BITF Price Change
2.120 2.120 2.000 2.055 -0.055
Entry Signal

MarketClub’s Trade Triangles for BITF

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 1.90

intermediate term down The intermediate-term trend has been DOWN since Mar 4th, 2024 at 2.74

short term up The short-term trend has been UP since Apr 18th, 2024 at 1.85

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
2.120 2.120 2.000 2.055 -0.055
Prev. Close Volume Bid Ask Time
2.060 17883379 2024-04-24 15:59:42
52wk High3.9152wk High Date2024-02-27
52wk Low0.91952wk Low Date2023-10-13
Average Volume20,623,642Shares Outstanding198,999
Assets332,797,000MLiabilities45,297,000M
P/E Ratio8.6923
Get a free daily analysis and signals for Bitfarms Ltd. (BITF) - Request Your Free Report.