Technical Analysis for BITF - Bitfarms Ltd

Grade Last Price % Change Price Change
C 3.730 4.78% 0.170
BITF closed up 4.78 percent on Friday, July 26, 2024, on 76 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: Aug 6
*** please verify all earnings dates ***
3 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
NR7 Range Contraction 0.00%
Gapped Up Strength 0.00%
20 DMA Resistance Bearish 4.78%
Down 3 Days in a Row Weakness 4.78%
Fell Below 20 DMA Bearish 3.32%
MACD Bearish Signal Line Cross Bearish 3.32%
NR7 Range Contraction 0.00%
Gapped Down Weakness 0.00%
Pocket Pivot Bullish Swing Setup -6.28%

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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 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 4,013,568
200-Day Moving Average 2.998
50-Day Moving Average 3.458
20-Day Moving Average 3.626
10-Day Moving Average 3.802
Average True Range 0.281
RSI (14) 52.38
ADX 22.49
+DI 28.350
-DI 22.808
Chandelier Exit (Long, 3 ATRs) 3.458
Chandelier Exit (Short, 3 ATRs) 3.972
Upper Bollinger Bands 4.081
Lower Bollinger Band 3.170
Percent B (%b) 0.61
BandWidth 25.139
MACD Line 0.066
MACD Signal Line 0.085
MACD Histogram -0.0191
Fundamentals Value
Market Cap 319.74 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) 4.008
Resistance 3 (R3) 4.013 3.927 3.961
Resistance 2 (R2) 3.927 3.856 3.924 3.946
Resistance 1 (R1) 3.828 3.812 3.878 3.823 3.930
Pivot Point 3.742 3.742 3.766 3.739 3.742
Support 1 (S1) 3.643 3.671 3.693 3.638 3.530
Support 2 (S2) 3.557 3.627 3.554 3.514
Support 3 (S3) 3.458 3.557 3.499
Support 4 (S4) 3.453