Bitfarms Ltd (BITF) Technical Analysis
$3.29▲7.87%
Insights
- Bitfarms is currently in a favorable trading position ( BUY ) according to technical analysis indicators.
- Based on analysis of the Oscillators technical indicator, the current market trend for Bitfarms stock suggests that it is a good time to sell or bad time to initiate a fresh position
- Based on analysis of the Moving Averages technical indicator, Bitfarms stock is in a uptrend ↗️
- Based on analysis of the Pivot Points, the current market trend for Bitfarms stock suggests that it is a good time to buy
Analysis Summary
Oscillators
Sell
Neutral
Buy
Moving Averages
Sell
Neutral
Buy
Pivots
Sell
Neutral
Buy
Oscillators
Name | Value | Action |
|---|---|---|
Relative Strength Index | 91.88 | Sell |
Stochastic | 96.3, 93.83 | Neutral |
Ultimate Oscillator | 78.64 | Sell |
Stochastic Relative Strength Index | 100.0, 100.0 | Neutral |
Moving Average Convergence Divergence | 0.37, 0.2 | Buy |
Moving Averages
Simple Moving Average
Period (Days) | Value | Action |
|---|---|---|
10 | 1.99 | Buy |
20 | 1.64 | Buy |
50 | 1.37 | Buy |
Exponential Moving Average
Period (Days) | Value | Action |
|---|---|---|
10 | 2.19 | Buy |
20 | 1.84 | Buy |
50 | 1.47 | Buy |
Volume Weighted Moving Average
Period (Days) | Value | Action |
|---|---|---|
10 | 2.25 | Buy |
20 | 2.07 | Buy |
50 | 1.72 | Buy |
Double Exponential Moving Average
Period (Days) | Value | Action |
|---|---|---|
10 | 2.7 | Buy |
20 | 2.28 | Buy |
50 | 1.81 | Buy |
Triple Exponential Moving Average
Period (Days) | Value | Action |
|---|---|---|
10 | 2.96 | Buy |
20 | 2.56 | Buy |
50 | 2.03 | Buy |
Pivot
Pivot | Value |
|---|---|
Resistance L3 | 3.67 |
Resistance L2 | 3.29 |
Resistance L1 | 3.09 |
Pivot Point | 2.71 |
Support L1 | 2.51 |
Support L2 | 2.13 |
Support L3 | 1.93 |
*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.