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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 selling pressure, which indicates risk of future bearish movement.

Bitfarms Price Chart Indicators

Moving Averages Level Buy or Sell
8-day SMA: 2.14 Sell
20-day SMA: 2.15 Sell
50-day SMA: 2.06 Sell
200-day SMA: 2.29 Sell
8-day EMA: 2.14 Sell
20-day EMA: 2.14 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): 0.02 Buy
Relative Strength Index (14 RSI): 47.51 Sell
Chaikin Money Flow: -33861243 -
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 2.05 while BITF 8-day simple moving average is 2.14, which is a Sell signal.
  • The stock price of BITF is 2.05 while Bitfarms 20-day SMA is 2.15, which makes it a Sell.
  • Bitfarms 50-day simple moving average is 2.06 while BITF share price is 2.05, making it a Sell technically.
  • BITF stock price is 2.05 and Bitfarms 200-day simple moving average is 2.29, creating a Sell signal.

BITF Technical Analysis vs Fundamental Analysis

Buy
59
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 $2.05. The Score for BITF is 59, which is 18% above its historic median score of 50, and infers lower risk than normal.

Bitfarms Stock Info

Market Cap:
968.63M
Price in USD:
2.05
Share Volume:
56.44M

Bitfarms 52-Week Range

52-Week High:
3.91
52-Week Low:
1.03
Buy
59
Bitfarms (BITF) is a Buy

Bitfarms Share Price Forecast

  • What is the Bitfarms stock price today?
    The Bitfarms stock price is 2.05 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 2.05 while BITF 8-day exponential moving average is 2.14, which is a Sell signal.
  • The stock price of BITF is 2.05 while Bitfarms 20-day EMA is 2.14, which makes it a Sell.
  • Bitfarms 50-day exponential moving average is 2.12 while BITF share price is 2.05, making it a Sell technically.
  • BITF stock price is 2.05 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 0.02, suggesting Bitfarms is a Buy
  • Bitfarms Relative Strength Index (RSI) is 47.51, 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.