Stock Trend Analysis Report
Prepared for you on Tuesday, March 19, 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.
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MarketClub’s Trade Triangles for BITF
The long-term trend has been UP since Dec 1st, 2023 at 1.55
The intermediate-term trend has been DOWN since Mar 4th, 2024 at 2.74
The short-term trend has been DOWN since Mar 12th, 2024 at 2.37
Smart Scan Analysis for BITF
Based on our trend formula, BITF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
2.260 | 2.320 | 2.200 | 2.235 | -0.025 |
Prev. Close | Volume | Bid | Ask | Time |
2.230 | 16341006 | 2024-03-18 15:59:54 |
52wk High | 3.91 | 52wk High Date | 2024-02-27 |
52wk Low | 0.8241 | 52wk Low Date | 2023-04-10 |
Average Volume | 29,206,868 | Shares Outstanding | 198,999 |
Assets | 332,797,000M | Liabilities | 45,297,000M |
P/E Ratio | 8.6923 |