Technical Analysis for BFARF - Bitfarms Ltd

Grade Last Price % Change Price Change
grade F 0.2651 1.96% 0.0051
BFARF closed up 1.96 percent on Tuesday, September 22, 2020, on 25 percent of normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Down Down
Historical BFARF trend table...

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Stochastic Buy Signal Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Doji - Bullish? Reversal 0.00%
Outside Day Range Expansion 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction 1.96%
NR7 Range Contraction 1.96%
Wide Bands Range Expansion 1.96%
Older End-of-Day Gignals for BFARF ...

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Profile

Bitfarms Ltd., through its subsidiaries, engages in the mining of cryptocurrency coins and tokens. It owns and operates server farms that primarily support the validation and verification of transactions on the Bitcoin blockchain, earning cryptocurrency tokens for providing this service. The company's server farms mine the cryptocurrencies, including Bitcoin, Bitcoin Cash, Litecoin, and Dash. It also provides electrician services to commercial and residential customers in Quebec. The company was founded in 2017 and is headquartered in Brossard, Canada.
Mining Cryptocurrencies Bitcoin Blockchain Dash Cryptocurrency And Security Litecoin

Is BFARF a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 1.1246
52 Week Low 0.25
Average Volume 15,541
200-Day Moving Average 0.0000
50-Day Moving Average 0.3148
20-Day Moving Average 0.3119
10-Day Moving Average 0.2822
Average True Range 0.0182
ADX 20.53
+DI 23.6500
-DI 46.7087
Chandelier Exit (Long, 3 ATRs ) 0.3158
Chandelier Exit (Short, 3 ATRs ) 0.3054
Upper Bollinger Band 0.3783
Lower Bollinger Band 0.2455
Percent B (%b) 0.15
BandWidth 42.5777
MACD Line -0.0190
MACD Signal Line -0.0121
MACD Histogram -0.0069
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.2884
Resistance 3 (R3) 0.2862 0.2762 0.2845
Resistance 2 (R2) 0.2762 0.2703 0.2773 0.2832
Resistance 1 (R1) 0.2707 0.2667 0.2657 0.2729 0.2819
Pivot Point 0.2607 0.2607 0.2583 0.2618 0.2607
Support 1 (S1) 0.2552 0.2548 0.2502 0.2574 0.2483
Support 2 (S2) 0.2452 0.2512 0.2463 0.2470
Support 3 (S3) 0.2397 0.2452 0.2457
Support 4 (S4) 0.2419