Bitfarms (BITF, $2.01) Aroon Indicator entered a Downtrend on April 25, 2024.

A.I.dvisor
at Tickeron.com
04/26/24
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BITF - Bitfarms Ltd
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $2.005
Daily change: -$0.055 (-2.67%)
Daily volume: 11.7M
Capitalization: $670.1M
Industry: Investment Banks/Brokers
For the last three days, A.I.dvisor has detected that BITF's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for BITF, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 286 similar cases, of which were successful. Based on this data, the odds of success are
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BITFDaily Signal changed days agoGain/Loss if shorted
 
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General Information

Industry InvestmentBanksBrokers

Profile
Fundamentals
Details
Industry
N/A
Address
110 Yonge Street
Phone
+1 647 259-1790
Employees
170
Web
https://bitfarms.com