Technical Analysis for BITF - Bitfarms Ltd.

Grade Last Price % Change Price Change
B 2.68 4.28% 0.11
BITF closed up 4.28 percent on Monday, July 1, 2024, on 89 percent of normal volume.
7 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Down

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
20 DMA Resistance Bearish 4.28%
Spinning Top Other 4.28%
NR7 Range Contraction 4.28%
Wide Bands Range Expansion 4.28%
Down 3 Days in a Row Weakness 4.28%
Fell Below 20 DMA Bearish 3.47%
Wide Bands Range Expansion 3.47%

   Recent Intraday Alerts

Alert Time
20 DMA Support about 10 hours ago
20 DMA Resistance about 10 hours ago
Up 5% about 10 hours ago
Gapped Up (Full) about 11 hours ago
Rose Above 20 DMA about 11 hours ago

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Bitfarms Ltd., a blockchain infrastructure company, mines for cryptocurrency coins and tokens in North America. The company owns and operates server farms comprising computers that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. It also provides electrician services to commercial and residential customers in Quebec, Canada. It also provides hosting of third-party mining hardware. The company was founded in 2017 and is headquartered in Toronto, Canada.
Classification

Sector: Financial Services
Industry: Capital Markets
Keywords: Mining Bitcoin Cryptocurrency Payment Systems Blockchain Decentralization Cryptography Digital Currencies

Is BITF a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 3.91
52 Week Low 0.9194
Average Volume 21,810,150
200-Day Moving Average 2.06
50-Day Moving Average 2.21
20-Day Moving Average 2.65
10-Day Moving Average 2.83
Average True Range 0.20
RSI (14) 55.36
ADX 31.56
+DI 29.96
-DI 20.22
Chandelier Exit (Long, 3 ATRs) 2.67
Chandelier Exit (Short, 3 ATRs) 2.75
Upper Bollinger Bands 3.20
Lower Bollinger Band 2.11
Percent B (%b) 0.52
BandWidth 41.21
MACD Line 0.14
MACD Signal Line 0.19
MACD Histogram -0.0443
Fundamentals Value
Market Cap 863.3 Million
Num Shares 322 Million
EPS -0.25
Price-to-Earnings (P/E) Ratio -10.72
Price-to-Sales 6.89
Price-to-Book 2.82
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.89
Resistance 3 (R3) 2.89 2.81 2.86
Resistance 2 (R2) 2.81 2.76 2.82 2.84
Resistance 1 (R1) 2.75 2.73 2.75 2.75 2.83
Pivot Point 2.67 2.67 2.68 2.68 2.67
Support 1 (S1) 2.61 2.62 2.61 2.61 2.53
Support 2 (S2) 2.53 2.59 2.54 2.52
Support 3 (S3) 2.47 2.53 2.51
Support 4 (S4) 2.47