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Bitfarms (BITF)
NASDAQ:BITF

Bitfarms (BITF) Technical Analysis

1,250 Followers

Technical Sentiment

Overall Consensus
Sell
5Bullish
5Neutral
12Bearish
Technical Analysis Consensus
Neutral
3Bullish
5Neutral
2Bearish
Moving Average Consensus
Strong Sell
2Bullish
0Neutral
10Bearish
Bitfarms’s (BITF) Moving Averages Convergence Divergence (MACD) indicator is -0.09, suggesting Bitfarms is a Sell.
Bitfarms’s (BITF) 20-Day exponential moving average is 1.83, while Bitfarms’s (BITF) share price is $1.75, making it a Sell.
Bitfarms’s (BITF) 50-Day exponential moving average is 2.02, while Bitfarms’s (BITF) share price is $1.75, making it a Sell.

Bitfarms (BITF) Pivot Points

May 18, 2024, 12:36 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
1.61
1.68
1.72
1.79
1.83
1.90
1.94
Fibonacci
1.68
1.72
1.75
1.79
1.83
1.86
1.90
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

May 18, 2024, 12:36 PM
Period
Simple
Exponential
MA5
1.71Buy
1.75Buy
MA10
1.77Sell
1.77Sell
MA20
1.85Sell
1.83Sell
MA50
2.03Sell
2.02Sell
MA100
2.38Sell
2.10Sell
MA200
1.90Sell
1.85Sell
Bitfarms’s (BITF) 10-Day exponential moving average is 1.77, while Bitfarms’s (BITF) share price is $1.75, making it a Sell.
Bitfarms’s (BITF) 100-Day exponential moving average is 2.10, while Bitfarms’s (BITF) share price is $1.75, making it a Sell.
Bitfarms’s (BITF) stock price is $1.75 and Bitfarms’s (BITF) 50-day simple moving average is 2.03, creating a Sell signal.
Bitfarms’s (BITF) stock price is $1.75 and Bitfarms’s (BITF) 100-day simple moving average is 2.38, creating a Sell signal.
Bitfarms’s (BITF) stock price is $1.75 and Bitfarms’s (BITF) 200-day simple moving average is 1.90, creating a Sell signal.

Bitfarms (BITF) Technical Indicators

May 18, 2024, 12:36 PM
Name
Value
Implied Action
RSI (14)
43.80
Neutral
STOCH (9,6)
60.00
Neutral
STOCHRSI (14)
55.38
Neutral
MACD (12,26)
-0.09
Sell
ADX (14)
16.09
Buy
Williams %R
-50.00
Buy
CCI (14)
-44.01
Neutral
ATR (14)
0.14
-
Ultimate Oscillator
45.27
Neutral
ROC
-7.41
Sell
Bitfarms’s (BITF) Relative Strength Index (RSI) is 43.80, creating a Neutral signal.
Bitfarms’s (BITF) Trend Strength Indicator (ADX) is 16.09, creating a Buy signal.
Bitfarms’s (BITF) Commodity Channel Index (CCI) is -44.01, creating a Neutral signal.
Bitfarms’s (BITF) Price Rate of Change (ROC) is -7.41, creating a Sell signal.

FAQ

Is BITF a Buy, Hold, or Sell?
Based on BITF’s technical indicators, BITF is a Sell.
    What is BITF’s RSI (14)?
    BITF’s RSI (14) is 43.80, which suggests BITF is a Neutral.
      What is BITF’s MACD?
      BITF’s MACD is -0.09, which suggests BITF is a Sell.
        What is BITF’s 5-day moving average?
        BITF’s 5-day moving average is 1.71, which suggests BITF is a Buy.
          What is BITF’s 20-day moving average?
          BITF 20-day moving average is 1.85, which suggests BITF is a Sell.
            What is BITF’s 50-day moving average?
            BITF’s 50-day moving average is 2.03, which suggests BITF is a Sell.
              What is BITF’s 200-day moving average?
              BITF’s 200-day moving average is 1.90, which suggests BITF is a Sell.
                What is BITF’s Williams % R (14)?
                BITF’s Williams % R (14) is -50.00, which suggests BITF is a Buy.
                  What is BITF’s CCI (14)?
                  BITF’s CCI (14) is -44.01, which suggests BITF is a Neutral.
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