Technical Analysis for BITF - Bitfarms Ltd

Grade Last Price % Change Price Change
F 2.380 0.00% 0.000
BITF closed unchanged on Wednesday, January 22, 2025, on 47 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
20 DMA Support Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Bollinger Band Squeeze Range Contraction -4.42%
NR7 Range Contraction -4.42%
BB Squeeze + Upper Band Touch Range Contraction -4.42%
BB Squeeze Started Range Contraction -4.42%
Gapped Up Strength -4.42%
Up 3 Days in a Row Strength -4.42%

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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 Blockchain Farm 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

Comments

Indicators

Indicator Value
52 Week High 5.25
52 Week Low 2.12
Average Volume 4,618,040
200-Day Moving Average 2.945
50-Day Moving Average 2.728
20-Day Moving Average 2.356
10-Day Moving Average 2.355
Average True Range 0.175
RSI (14) 45.95
ADX 11.8
+DI 21.949
-DI 27.278
Chandelier Exit (Long, 3 ATRs) 2.205
Chandelier Exit (Short, 3 ATRs) 2.655
Upper Bollinger Bands 2.557
Lower Bollinger Band 2.154
Percent B (%b) 0.56
BandWidth 17.134
MACD Line -0.079
MACD Signal Line -0.109
MACD Histogram 0.0295
Fundamentals Value
Market Cap 478.98 Million
Num Shares 201 Million
EPS 0.16
Price-to-Earnings (P/E) Ratio 14.60
Price-to-Sales 4.90
Price-to-Book 1.47
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.575
Resistance 3 (R3) 2.563 2.487 2.543
Resistance 2 (R2) 2.487 2.437 2.493 2.532
Resistance 1 (R1) 2.433 2.406 2.460 2.445 2.521
Pivot Point 2.357 2.357 2.370 2.363 2.357
Support 1 (S1) 2.303 2.307 2.330 2.315 2.239
Support 2 (S2) 2.227 2.276 2.233 2.228
Support 3 (S3) 2.173 2.227 2.218
Support 4 (S4) 2.185