Financhill
Back

Bitfarms Stock Price Chart

  • Based on the share price being below its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bearish and BITF is experiencing buying pressure, which is a positive indicator for future bullish movement.

Bitfarms Price Chart Indicators

Moving Averages Level Buy or Sell
8-day SMA: 2.17 Sell
20-day SMA: 2.16 Sell
50-day SMA: 2.06 Buy
200-day SMA: 2.29 Sell
8-day EMA: 2.17 Sell
20-day EMA: 2.15 Sell
50-day EMA: 2.12 Sell
200-day EMA: 2.15 Sell

Bitfarms Technical Analysis Indicators

Chart Indicators Level Buy or Sell
MACD (12, 26): 0.03 Buy
Relative Strength Index (14 RSI): 49.27 Sell
Chaikin Money Flow: 32054109 -
Bollinger Bands Level Buy or Sell
Bollinger Bands (25): (1.92 - 2.34) Sell
Bollinger Bands (100): (1.92 - 2.5) Sell

Bitfarms Technical Analysis

Technical Analysis: Buy or Sell?
8-day SMA:
20-day SMA:
50-day SMA:
200-day SMA:
8-day EMA:
20-day EMA:
50-day EMA:
200-day EMA:
MACD (12, 26):
Relative Strength Index (14 RSI):
Bollinger Bands (25):
Bollinger Bands (100):

Technical Analysis for Bitfarms Stock

Is Bitfarms Stock a Buy?

  • Bitfarms share price is 2.11 while BITF 8-day simple moving average is 2.17, which is a Sell signal.
  • The stock price of BITF is 2.11 while Bitfarms 20-day SMA is 2.16, which makes it a Sell.
  • Bitfarms 50-day simple moving average is 2.06 while BITF share price is 2.11, making it a Buy technically.
  • BITF stock price is 2.11 and Bitfarms 200-day simple moving average is 2.29, creating a Sell signal.

BITF Technical Analysis vs Fundamental Analysis

Buy
61
Bitfarms (BITF) is a Buy

Is Bitfarms a Buy or a Sell?

  • Bitfarms stock is rated a Buy
    The current Bitfarms [BITF] share price is $2.11. The Score for BITF is 61, which is 22% above its historic median score of 50, and infers lower risk than normal.

Bitfarms Stock Info

Market Cap:
996.98M
Price in USD:
2.11
Share Volume:
55.37M

Bitfarms 52-Week Range

52-Week High:
3.91
52-Week Low:
1.01
Buy
61
Bitfarms (BITF) is a Buy

Bitfarms Share Price Forecast

  • What is the Bitfarms stock price today?
    The Bitfarms stock price is 2.11 USD today.
  • Will BITF stock go up or go down?
    Bitfarms> share price is forecast to RISE/FALL based on technical indicators
  • Is Bitfarms overvalued?
    According to simple moving average, exponential moving average, oscillators, and other technical indicators, Bitfarms is not overvalued.

Is Bitfarms Stock a Buy?

  • Bitfarms share price is 2.11 while BITF 8-day exponential moving average is 2.17, which is a Sell signal.
  • The stock price of BITF is 2.11 while Bitfarms 20-day EMA is 2.15, which makes it a Sell.
  • Bitfarms 50-day exponential moving average is 2.12 while BITF share price is 2.11, making it a Sell technically.
  • BITF stock price is 2.11 and Bitfarms 200-day simple moving average is 2.15, creating a Sell signal.

Fundamental Analysis of Bitfarms

Is Bitfarms a good investment?

  • Analysts estimate an earnings decrease this quarter of $0.20 per share, a decrease next quarter of $0.00 per share, a decrease this year of $0.28 per share, and an increase next year of $1.02 per share.

Technical Analysis of Bitfarms

Should I short Bitfarms stock?

  • BITF Moving Average Covergence Divergence (MACD) indicator is 0.03, suggesting Bitfarms is a Buy
  • Bitfarms Relative Strength Index (RSI) is 49.27, which suggest Bitfarms is oversold
  • The Bollinger Bands (25) for Bitfarms is (1.92 - 2.34), which suggest Bitfarms is a Sell
  • The Bollinger Bands (100) for Bitfarms is (1.92 - 2.5), which suggest Bitfarms is a Sell

* Bitfarms stock forecasts short-term for next days and weeks may differ from long term prediction for next month and year based on timeline differences.