Bitfarms Ltd Technical Analysis

BFARF -- USA Stock  

USD 0.39  0.0065  1.64%

As of 20 of October Bitfarms Ltd shows Risk Adjusted Performance of (0.31) and Mean Deviation of 5.02. Bitfarms Ltd technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Bitfarms Ltd which can be compared to its rivals. Please confirm Bitfarms Ltd Variance, Maximum Drawdown as well as the relationship between Maximum Drawdown and Semi Variance to decide if Bitfarms Ltd is priced correctly providing market reflects its regular price of 0.39 per share. As Bitfarms Ltd appears to be a penny stock we also recommend to validate its Total Risk Alpha numbers.
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Bitfarms Ltd Technical Analysis

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The output start index for this execution was twelve with a total number of output elements of thirty-three. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Bitfarms Ltd volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Bitfarms Ltd Trend Analysis

Use this graph to draw trend lines for Bitfarms Ltd. You can use it to identify possible trend reversals for Bitfarms Ltd as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Bitfarms Ltd price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Bitfarms Ltd Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Bitfarms Ltd applied against its price change over selected period. The best fit line has a slop of   0.02  which may suggest that Bitfarms Ltd market price will keep on failing further. It has 90 observation points and a regression sum of squares at 5.45, which is the sum of squared deviations for the predicted Bitfarms Ltd price change compared to its average price change.

Bitfarms Ltd October 20, 2019 Technical Indicators

Bitfarms Ltd October 20, 2019 Daily Price Condition

Check also Trending Equities. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.