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Stock Trend Analysis Report

Prepared for you on Sunday, November 28, 2021.

Bitfarms Ltd. (NASDAQ:BITF)

Sidelines Mode (+55) - BITF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

Open High Low BITF Price Change
7.3700 7.6400 7.1100 7.1199 -0.7301
Entry Signal

MarketClub’s Trade Triangles for BITF

long term up The long-term trend has been UP since Aug 2nd, 2021 at 4.47

intermediate term up The intermediate-term trend has been UP since Oct 18th, 2021 at 5.53

short term down The short-term trend has been DOWN since Nov 12th, 2021 at 7.70

Smart Scan Analysis for BITF

Based on our trend formula, BITF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for BITF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.3700 7.6400 7.1100 7.1199 -0.7301
Prev. Close Volume Bid Ask Time
7.1400 7371326 2021-11-26 12:59:47
52wk High1052wk High Date2020-12-28
52wk Low0.4713952wk Low Date2020-12-09
Average Volume10,486,147Shares Outstanding144,998
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