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BITFARMS LTD/CANADA (BITF) Stock Technical Analysis

USA - NASDAQ:BITF - CA09173B1076 - Common Stock

3.37 USD
-0.21 (-5.87%)
Last: 11/11/2025, 8:00:01 PM
3.36 USD
-0.01 (-0.3%)
After Hours: 11/11/2025, 8:00:01 PM
Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to BITF. In the last year, BITF was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month BITF has a been trading in the 3.29 - 6.60 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
BITF is one of the better performing stocks in the Software industry, it outperforms 94% of 281 stocks in the same industry.
BITF has an average volume of 102990000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, BITF did better than 96% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
BITF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BITF is lagging the market.
Considerably lower volume is observed in the last couple of days.

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Weekly and Daily overview Charts
BITFARMS LTD/CANADA / BITF Weekly stock chart
BITFARMS LTD/CANADA / BITF Daily stock chart
Setup Rating and Analysis

3

BITF has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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Support and Resistance Analysis

1.74

3.40

We found 1 important support area.

  • Support @1.76 from a trend line in the daily time frame.

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Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for BITF is up.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for BITF is down.
ChartMill Relative Strength96.91POSITIVEBITF has a high relative strength, it outperformed 96.91% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of BITF is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of BITF is below the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of BITF is above the rising SMA(200).
Relative Strength Index/RSI (14)41.55NEUTRALThe RSI value for BITF is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.18NEGATIVEThe MACD value suggests BITF has a negative trend.
Stochastics (14,3)15.42OVERSOLDThe low Stochastics value suggests BITF may be oversold.
Average True Range in percent/ATR (20)15.7HIGH VOLATILITYThe high ATR as a percentage value for BITF suggests high volalility.
Average Directional Index/ADX (14)23.98NEUTRALThe ADX value for BITF suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)

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BITFARMS LTD/CANADA / BITF Daily stock chart

BITFARMS LTD/CANADA

NASDAQ:BITF (11/11/2025, 8:00:01 PM)

After market: 3.36 -0.01 (-0.3%)

3.37

-0.21 (-5.87%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustrySoftware
Performance
% Chg-5.87%
1 Week-12.24%
2 Weeks-21.63%
1 Month-42.78%
3 Month167.46%
6 Month193.04%
12 Month49.78%
2 Year135.66%
3 Year478.05%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%15.7%
ATR Inc-15.29%
Range Today0.24
ADR(20)0.47
ADR(20)%14.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.91
3 months CRS99.22
6 months CRS98.15
Mansfield7.99
10 Day High4.55
10 Day Low3.29
20 Day High6.6
20 Day Low3.29
52 Week High6.6
52 Week Low0.67
CS1 End1.76
CR1 StartN/A
Volume & EV
DER(3)0.68%
DER(5)1.22%
Volume58.31M
Volume Incr-51.38%
Vol(5)62.01M
Vol(50)102.99M

BITFARMS LTD/CANADA / BITF FAQ

Can you provide the ChartMill technical rating for BITFARMS LTD/CANADA?

ChartMill assigns a technical rating of 6 / 10 to BITF.


What is the current trend direction of BITFARMS LTD/CANADA (BITF) stock?

The current trend direction for BITFARMS LTD/CANADA (BITF) is Bullish.


Can you provide the RSI signal for BITFARMS LTD/CANADA?

BITFARMS LTD/CANADA (BITF) has an RSI value of 41.5499. This indicates that the stock is currently neutral.


Can you provide the buy/sell signal for BITFARMS LTD/CANADA?

The buy/sell signal for BITFARMS LTD/CANADA (BITF) is hold as the short term and long term trends are mixed.


What are the support and resistance levels for BITFARMS LTD/CANADA (BITF) stock?

BITFARMS LTD/CANADA (BITF) has a support level at 1.76. Check the full technical report for our detailed analysis of BITF support and resistance levels.