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Bitfarms (TSE:BITF)
TSX:BITF
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Bitfarms (BITF) Technical Analysis

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Summary of all the Indicators

Overall Consensus
Buy
10Bullish
5Neutral
7Bearish
Technical Analysis Consensus
Buy
5Bullish
5Neutral
0Bearish
Moving Average Consensus
Sell
5Bullish
0Neutral
7Bearish
Bitfarms’s (BITF) Moving Averages Convergence Divergence (MACD) indicator is 0.10, suggesting Bitfarms is a Buy.
Bitfarms’s (BITF) 20-Day exponential moving average is 3.02, while Bitfarms’s (BITF) share price is C$2.84, making it a Buy.
Bitfarms’s (BITF) 50-Day exponential moving average is 2.94, while Bitfarms’s (BITF) share price is C$2.84, making it a Buy.

Bitfarms (BITF) Pivot Points

Nov 23, 2024, 02:25 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
2.58
2.73
2.92
3.06
3.25
3.40
3.59
Fibonacci
2.73
2.85
2.93
3.06
3.19
3.27
3.40
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Bitfarms (BITF) Moving Averages

Nov 23, 2024, 02:25 AM
Period
Simple
Exponential
MA5
3.06Sell
3.09Sell
MA10
3.22Sell
3.10Sell
MA20
2.99Buy
3.02Buy
MA50
2.83Buy
2.94Buy
MA100
3.05Sell
2.99Buy
MA200
3.14Sell
3.08Sell
Bitfarms’s (BITF) 10-Day exponential moving average is 3.10, while Bitfarms’s (BITF) share price is C$2.84, making it a Sell.
Bitfarms’s (BITF) 100-Day exponential moving average is 2.99, while Bitfarms’s (BITF) share price is C$2.84, making it a Buy.
Bitfarms’s (BITF) stock price is C$2.84 and Bitfarms’s (BITF) 50-day simple moving average is 2.83, creating a Buy signal.
Bitfarms’s (BITF) stock price is C$2.84 and Bitfarms’s (BITF) 100-day simple moving average is 3.05, creating a Sell signal.
Bitfarms’s (BITF) stock price is C$2.84 and Bitfarms’s (BITF) 200-day simple moving average is 3.14, creating a Sell signal.

Bitfarms (BITF) Technical Indicators

Nov 23, 2024, 02:25 AM
Name
Value
Implied Action
RSI (14)
51.03
Neutral
STOCH (9,6)
21.48
Neutral
STOCHRSI (14)
45.39
Neutral
MACD (12,26)
0.10
Buy
ADX (14)
16.01
Buy
Williams %R
-55.97
Buy
CCI (14)
19.64
Neutral
ATR (14)
0.29
-
Ultimate Oscillator
43.11
Neutral
ROC
12.22
Buy
Bitfarms’s (BITF) Relative Strength Index (RSI) is 51.03, creating a Neutral signal.
Bitfarms’s (BITF) Trend Strength Indicator (ADX) is 16.01, creating a Buy signal.
Bitfarms’s (BITF) Commodity Channel Index (CCI) is 19.64, creating a Neutral signal.
Bitfarms’s (BITF) Price Rate of Change (ROC) is 12.22, creating a Buy signal.

FAQ

Is BITF a Buy, Hold, or Sell?
Based on BITF’s technical indicators, BITF is a Buy.
    What is BITF’s RSI (14)?
    BITF’s RSI (14) is 51.03, which suggests BITF is a Neutral.
      What is BITF’s MACD?
      BITF’s MACD is 0.10, which suggests BITF is a Buy.
        What is BITF’s 5-day moving average?
        BITF’s 5-day moving average is 3.06, which suggests BITF is a Sell.
          What is BITF’s 20-day moving average?
          BITF 20-day moving average is 2.99, which suggests BITF is a Buy.
            What is BITF’s 50-day moving average?
            BITF’s 50-day moving average is 2.83, which suggests BITF is a Buy.
              What is BITF’s 200-day moving average?
              BITF’s 200-day moving average is 3.14, which suggests BITF is a Sell.
                What is BITF’s Williams % R (14)?
                BITF’s Williams % R (14) is -55.97, which suggests BITF is a Buy.
                  What is BITF’s CCI (14)?
                  BITF’s CCI (14) is 19.64, which suggests BITF is a Neutral.
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