Technical Analysis for BITF - Bitfarms Ltd.

Grade Last Price % Change Price Change
C 2.08 -7.48% -0.17
BITF closed up 6.64 percent on Friday, November 15, 2024, on 1.66 times normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Down

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish -7.48%
180 Bullish Setup Bullish Swing Setup -7.48%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -7.48%
Calm After Storm Range Contraction -7.48%
Wide Bands Range Expansion -7.48%
Gapped Up Strength -7.48%
200 DMA Resistance Bearish -1.34%
Fell Below 20 DMA Bearish -1.34%
Slingshot Bullish Bullish Swing Setup -1.34%
Wide Bands Range Expansion -1.34%

   Recent Intraday Alerts

Alert Time
Outside Day 5 minutes ago
Fell Below Previous Day's Low 5 minutes ago
Fell Below 20 DMA 14 minutes ago
Down 5% 23 minutes ago
60 Minute Opening Range Breakdown 41 minutes ago

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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 1.01
Average Volume 25,306,182
200-Day Moving Average 2.29
50-Day Moving Average 2.04
20-Day Moving Average 2.13
10-Day Moving Average 2.21
Average True Range 0.21
RSI (14) 53.05
ADX 17.28
+DI 29.58
-DI 24.38
Chandelier Exit (Long, 3 ATRs) 2.12
Chandelier Exit (Short, 3 ATRs) 2.35
Upper Bollinger Bands 2.60
Lower Bollinger Band 1.65
Percent B (%b) 0.63
BandWidth 44.59
MACD Line 0.08
MACD Signal Line 0.06
MACD Histogram 0.0239
Fundamentals Value
Market Cap 724.79 Million
Num Shares 322 Million
EPS -0.25
Price-to-Earnings (P/E) Ratio -9.00
Price-to-Sales 6.89
Price-to-Book 2.82
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.52
Resistance 3 (R3) 2.50 2.39 2.48
Resistance 2 (R2) 2.39 2.32 2.40 2.46
Resistance 1 (R1) 2.32 2.28 2.36 2.34 2.44
Pivot Point 2.21 2.21 2.23 2.22 2.21
Support 1 (S1) 2.14 2.14 2.18 2.16 2.06
Support 2 (S2) 2.03 2.10 2.04 2.04
Support 3 (S3) 1.96 2.03 2.03
Support 4 (S4) 1.98