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Stock Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Bit Digital, Inc. - Ordinary Share (NASDAQ:BTBT)

Countertrend Down (-85) - BTBT is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid BTBT?

MarketClub looks at technical strength and momentum to determine if the timing is right for BTBT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_BTBT
Open High Low BTBT Price Change
1.980 2.045 1.935 2.005 +0.075
Entry Signal

MarketClub’s Trade Triangles for BTBT

long term down The long-term trend has been DOWN since Mar 6th, 2024 at 2.274

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 2.050

short term up The short-term trend has been UP since Apr 19th, 2024 at 1.990

Smart Scan Analysis for BTBT

Based on our trend formula, BTBT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for BTBT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.980 2.045 1.935 2.005 +0.075
Prev. Close Volume Bid Ask Time
1.930 3587153 2024-04-19 13:15:36
52wk High5.2752wk High Date2023-12-29
52wk Low1.6152wk Low Date2023-04-25
Average Volume6,789,786Shares Outstanding48,044
Assets189,328,382MLiabilities36,624,526M
P/E Ratio18.125
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