Bitfarms Stock Technical Analysis

BITF Stock   3.06  -0.22  -6.71%   
As of the 21st of March, Bitfarms maintains a quoted price of 3.06 per share. Short-term indicators show Mean Deviation of 4.47, risk adjusted performance of 0.0082, and Standard Deviation of 6.25. The model measures trend continuation and reversal probability using historical patterns. Comparative analytics measure deviation from sector averages.

Bitfarms Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Bitfarms, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Bitfarms
  
Bitfarms' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Bitfarms intrinsic value attempts to capture underlying worth, separate from current trading levels. For Bitfarms, key inputs include a P/B ratio of 2.28, a profit margin of -46.38%, ROE of -12.5%, and revenue of 192.88 M. The quoted Bitfarms price is the exchange level where supply meets demand. All metrics are derived from available inputs and shown for reference.

What if' Analysis

Running a what-if backtest on Bitfarms gives investors a practical way to test how changes in horizon, position size, or market timing might have affected the result. Used properly, this review provides context for deciding whether Bitfarms' historical reward profile was stable enough to support the current thesis.
0.00
12/21/2025
 
No Change 0.00  0.0 
In 3 months and 1 day
 
03/21/2026
0.00
Placing  0.00  into Bitfarms on December 21, 2025 with a hold through today would generate 0.00 in overall return. In total, that is a 0.0% net return in Bitfarms overall across 90 days. The competitive set for Bitfarms includes Intact Financ, EQB, Brookfield Business, Hut 8, E L, Canaccord Genuity, and Dmg Blockchain. Comparative context is available through the listed peers. The competitive landscape is defined by sector overlap and operational similarity. Bitfarms is accessible through the Toronto Exchange marketplace. More

Bitfarms Upside and Downside Indicators Snapshot

The momentum profile for Bitfarms describes how price movement distributes across upside and downside channels. They compare current price to recent trend and sentiment readings.

Bitfarms Market Risk Indicators Summary

Risk measures here provide context on Bitfarms' return distribution and drawdown behavior. The signals are informational and describe volatility patterns. All data reflects available market observations.
Investors who believe in mean reversion view Bitfarms' price extremes not as permanent states but as temporary dislocations that create opportunities for disciplined, contrarian capital allocation.
Hype
Prediction
LowEstimatedHigh
0.153.079.28
Details
Intrinsic
Valuation
LowRealHigh
0.163.209.41
Details
Naive
Forecast
LowNextHigh
0.062.959.16
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.0825-0.02-0.02
Details
A complete picture of Bitfarms's investment merit requires comparative analysis. How Bitfarms' growth rates, profitability, and capital efficiency stack up against peers is often the deciding factor in investment decisions.

Technical Indicators

Bitfarms Backtested Returns

Bitfarms shows a very high risk exposure relative to the chosen timeframe. It shows an Efficiency (Sharpe) Ratio of -0.021, quantifying negative return efficiency across 3 months. Signal processing identified twenty-two dispersion-based indicators. Please evaluate metrics such as mean deviation of 4.47, risk-adjusted performance of 0.0082, and standard deviation of 6.25 to review standard deviation behavior. The company retains a Market Volatility (i.e., Beta) of 3.58, which alludes to a somewhat significant risk relative to the market. Market upswings tend to lift Bitfarms more than average, but downturns carry a proportionally larger impact on returns. At this point, Bitfarms has a negative expected return of -0.13%. Please make sure to validate Bitfarms' potential upside, skewness, and the relationship between the maximum drawdown and kurtosis, to decide if Bitfarms's performance from the past will be repeated sooner or later.
Auto-correlation
    
  -0.28  

Weak reverse predictability

Comparing Bitfarms's price behavior from 21st of December 2025 to 4th of February 2026 with the period from 4th of February 2026 to 21st of March 2026 produces weak reverse predictability. The stronger the relationship between the current interval and its lagged values, the more accurately future price behavior of Bitfarms may be projected. The coefficient of -0.28 links nearly 28.0% of Bitfarms's present price action to its own historical movements. Given that Bitfarms has negative autocorrelation for the selected time horizon, market participants may evaluate potential contrarian price behavior over comparable future intervals.
Correlation Coefficient-0.28
Spearman Rank Test-0.38
Residual Average0.0
Price Variance0.03
Bitfarms technical stock analysis focuses on price and volume behavior. Common inputs include moving averages, RSI, and price-based signals. The dataset is based on observed market data across periods. This view summarizes available data without implying outcomes.
The analysis looks at how Bitfarms price movement develops over time. Trend signals and pattern behavior define this framework. This view uses observed price data from available market records. The information is analytical in nature and is not intended as a specific recommendation. More Info...

Technical Analysis

Indicator
Time Period
Execute Indicator
This analysis covers twenty-five data points across the selected time horizon. 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 volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Technical Analysis Methodology & Indicators

Technical analysis of Bitfarms evaluates price structure, momentum, and volatility clustering. Trend alignment improves interpretability of cross-signal confirmation. Bitfarms has a market cap of 1.98 B, ROE of -12.5%.

This section for Bitfarms is built from periodic company reporting and market reference feeds, with harmonization applied to align reporting definitions. Values may update on different source schedules.

This content is curated and reviewed by:

Gabriel Shpitalnik - Member of Macroaxis Editorial Board
Last reviewed on March 10th, 2026

Bitfarms Technical Indicators

A technical review of Bitfarms can improve timing discipline by comparing momentum, reversal risk, and confirmation signals across several time horizons. The stronger process confirms one signal with others instead of reacting to one pattern in isolation.

March 21, 2026 Daily Trend Indicators

A technical review of Bitfarms can improve timing discipline by comparing momentum, reversal risk, and confirmation signals across several time horizons. The stronger process confirms one signal with others instead of reacting to one pattern in isolation.

More Resources for Bitfarms Stock Analysis

Initial analysis of Bitfarms centers on its financial statements and observed trends. Ratio analysis outlines performance across profit, efficiency, and growth. These values are derived from Bitfarms' published financial data. Below are reports that help frame Bitfarms Stock in context:
Bitfarms has a market cap of 1.98 B, operating margin of -28.77%, ROE of -12.5%. Review Trending Equities for broader portfolio context. The overview captures current portfolio composition. The portfolio view uses available data to frame composition. The information is analytical in nature and is not intended as a specific recommendation. This suggests a position in Bitfarms. This appears in the portfolio view. Position weights are derived from the portfolio construction methodology. This dataset reflects observed data and is not advisory in nature. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
Ready to invest in Bitfarms Stock? Our How to Invest in Bitfarms guide walks you through the process.
Bitfarms currently shows ROE of -12.5%, market cap of 1.98 Billion. This analysis of Bitfarms works best as a complementary layer when evaluating how the security fits in a broader portfolio. A thorough Bitfarms review pairs this page with the quantitative and comparative resources listed below. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Bitfarms intrinsic value attempts to capture underlying worth, separate from current trading levels. For Bitfarms, key inputs include a P/B ratio of 2.28, a profit margin of -46.38%, ROE of -12.5%, and revenue of 192.88 M. The quoted Bitfarms price is the exchange level where supply meets demand. All metrics are derived from available inputs and shown for reference.