tiprankstipranks
Bitfarms (BITF)
NASDAQ:BITF

Bitfarms (BITF) Technical Analysis

1,550 Followers

Technical Sentiment

Overall Consensus
Strong Buy
16Bullish
5Neutral
1Bearish
Technical Analysis Consensus
Buy
4Bullish
5Neutral
1Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
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 2.69, while Bitfarms’s (BITF) share price is $2.73, making it a Buy.
Bitfarms’s (BITF) 50-Day exponential moving average is 2.52, while Bitfarms’s (BITF) share price is $2.73, making it a Buy.

Bitfarms (BITF) Pivot Points

Jul 23, 2024, 02:39 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
2.48
2.57
2.68
2.77
2.88
2.97
3.08
Fibonacci
2.57
2.65
2.69
2.77
2.85
2.89
2.97
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

Jul 23, 2024, 02:39 PM
Period
Simple
Exponential
MA5
2.85Buy
2.81Buy
MA10
2.69Buy
2.75Buy
MA20
2.66Buy
2.69Buy
MA50
2.42Buy
2.52Buy
MA100
2.29Buy
2.38Buy
MA200
2.17Buy
2.12Buy
Bitfarms’s (BITF) 10-Day exponential moving average is 2.75, while Bitfarms’s (BITF) share price is $2.73, making it a Buy.
Bitfarms’s (BITF) 100-Day exponential moving average is 2.38, while Bitfarms’s (BITF) share price is $2.73, making it a Buy.
Bitfarms’s (BITF) stock price is $2.73 and Bitfarms’s (BITF) 50-day simple moving average is 2.42, creating a Buy signal.
Bitfarms’s (BITF) stock price is $2.73 and Bitfarms’s (BITF) 100-day simple moving average is 2.29, creating a Buy signal.
Bitfarms’s (BITF) stock price is $2.73 and Bitfarms’s (BITF) 200-day simple moving average is 2.17, creating a Buy signal.

Bitfarms (BITF) Technical Indicators

Jul 23, 2024, 02:39 PM
Name
Value
Implied Action
RSI (14)
57.98
Neutral
STOCH (9,6)
50.14
Neutral
STOCHRSI (14)
56.60
Neutral
MACD (12,26)
0.09
Sell
ADX (14)
19.19
Buy
Williams %R
-31.60
Buy
CCI (14)
95.53
Neutral
ATR (14)
0.22
-
Ultimate Oscillator
52.30
Neutral
ROC
7.46
Buy
Bitfarms’s (BITF) Relative Strength Index (RSI) is 57.98, creating a Neutral signal.
Bitfarms’s (BITF) Trend Strength Indicator (ADX) is 19.19, creating a Buy signal.
Bitfarms’s (BITF) Commodity Channel Index (CCI) is 95.53, creating a Neutral signal.
Bitfarms’s (BITF) Price Rate of Change (ROC) is 7.46, creating a Buy signal.

FAQ

Is BITF a Buy, Hold, or Sell?
Based on BITF’s technical indicators, BITF is a Strong Buy.
    What is BITF’s RSI (14)?
    BITF’s RSI (14) is 57.98, 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 2.85, which suggests BITF is a Buy.
          What is BITF’s 20-day moving average?
          BITF 20-day moving average is 2.66, which suggests BITF is a Buy.
            What is BITF’s 50-day moving average?
            BITF’s 50-day moving average is 2.42, which suggests BITF is a Buy.
              What is BITF’s 200-day moving average?
              BITF’s 200-day moving average is 2.17, which suggests BITF is a Buy.
                What is BITF’s Williams % R (14)?
                BITF’s Williams % R (14) is -31.60, which suggests BITF is a Buy.
                  What is BITF’s CCI (14)?
                  BITF’s CCI (14) is 95.53, which suggests BITF is a Neutral.
                    What's Included in PREMIUM?
                    Make informed decisions based on Top Analysts' activity
                    Know what industry insiders are buying
                    Get actionable alerts from top Wall Street Analysts
                    Find out before anyone else which stock is going to shoot up
                    Get powerful stock screeners & detailed portfolio analysis