Technical Analysis for BITF - Bitfarms Ltd

Grade Last Price % Change Price Change
F 2.520 0.80% 0.020
BITF closed up 0.8 percent on Thursday, May 9, 2024, on 32 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
Earnings due: May 13
*** please verify all earnings dates ***
7 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
BB Squeeze Ended Range Expansion 0.00%
Hammer Candlestick Bullish 0.80%
Bollinger Band Squeeze Range Contraction 0.80%
NR7 Range Contraction 0.80%
Gapped Down Weakness 0.80%
Fell Below 20 DMA Bearish -0.40%
Fell Below 200 DMA Bearish -0.40%
Bollinger Band Squeeze Range Contraction -0.40%

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., through its subsidiaries, engages in the mining of cryptocurrency coins and tokens. It owns and operates server farms that primarily support the validation and verification of transactions on the Bitcoin blockchain, earning cryptocurrency tokens for providing this service. The company's server farms mine the cryptocurrencies, including Bitcoin, Bitcoin Cash, Litecoin, and Dash. It also provides electrician services to commercial and residential customers in Quebec. The company was founded in 2017 and is headquartered in Brossard, Canada.
Classification

Sector: Financial Services
Industry: Capital Markets
Keywords: Mining Currency Residential Cryptocurrencies Farm Blockchain Bitcoin Digital Currencies Server Coin Cryptocurrency Dash Alternative Currencies Coins

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 5.25
52 Week Low 1.26
Average Volume 3,340,321
200-Day Moving Average 2.565
50-Day Moving Average 2.919
20-Day Moving Average 2.585
10-Day Moving Average 2.543
Average True Range 0.171
RSI (14) 41.86
ADX 15.22
+DI 19.738
-DI 27.828
Chandelier Exit (Long, 3 ATRs) 2.406
Chandelier Exit (Short, 3 ATRs) 2.814
Upper Bollinger Bands 2.870
Lower Bollinger Band 2.300
Percent B (%b) 0.39
BandWidth 22.043
MACD Line -0.113
MACD Signal Line -0.128
MACD Histogram 0.0146
Fundamentals Value
Market Cap 216.02 Million
Num Shares 85.7 Million
EPS
Price-to-Sales 1.43
Price-to-Book 2.26
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.655
Resistance 3 (R3) 2.640 2.580 2.633
Resistance 2 (R2) 2.580 2.546 2.588 2.625
Resistance 1 (R1) 2.550 2.524 2.565 2.565 2.617
Pivot Point 2.490 2.490 2.498 2.498 2.490
Support 1 (S1) 2.460 2.456 2.475 2.475 2.423
Support 2 (S2) 2.400 2.434 2.408 2.415
Support 3 (S3) 2.370 2.400 2.408
Support 4 (S4) 2.385