Technical Analysis for BITF - Bitfarms Ltd

Grade Last Price % Change Price Change
D 2.820 -2.42% -0.070
BITF closed down 2.42 percent on Wednesday, April 24, 2024, on 45 percent of normal volume.
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 Up Down Up

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
Wide Bands Range Expansion 0.00%
Pocket Pivot Bullish Swing Setup -2.42%
Wide Bands Range Expansion -2.42%
Up 3 Days in a Row Strength -2.42%
Up 4 Days in a Row Strength -2.42%
Up 5 Days in a Row Strength -2.42%
Crossed Above 20 DMA Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Wide Bands Range Expansion 0.00%

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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 4,748,390
200-Day Moving Average 2.557
50-Day Moving Average 3.348
20-Day Moving Average 2.750
10-Day Moving Average 2.615
Average True Range 0.208
RSI (14) 48.19
ADX 14.23
+DI 24.943
-DI 24.466
Chandelier Exit (Long, 3 ATRs) 2.676
Chandelier Exit (Short, 3 ATRs) 2.924
Upper Bollinger Bands 3.162
Lower Bollinger Band 2.337
Percent B (%b) 0.59
BandWidth 30.027
MACD Line -0.136
MACD Signal Line -0.193
MACD Histogram 0.0561
Fundamentals Value
Market Cap 241.73 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) 3.045
Resistance 3 (R3) 3.043 2.967 3.008
Resistance 2 (R2) 2.967 2.909 2.968 2.995
Resistance 1 (R1) 2.893 2.874 2.855 2.895 2.982
Pivot Point 2.817 2.817 2.798 2.818 2.817
Support 1 (S1) 2.743 2.759 2.705 2.745 2.658
Support 2 (S2) 2.667 2.724 2.668 2.645
Support 3 (S3) 2.593 2.667 2.633
Support 4 (S4) 2.595