Login or Join
 Learn then Earn

(Bits) Bits complete technical analysis [charts+indicators] | Buy/Sell Bits | (Bits) share price targets

Complete technical analysis of Bits (Bits) by charts plus indicators, forecast predictions and share price targets for Bits (Bits)

10 day averaged volume of Bits is 57871

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 3.01 3.01 3.01 3.01 1.085 times
07 Tue May 2024 3.07 3.07 3.07 3.07 0.428 times
06 Mon May 2024 3.13 3.13 3.18 3.13 1.7 times
03 Fri May 2024 3.13 3.13 3.13 3.13 1.149 times
02 Thu May 2024 3.07 3.01 3.07 3.01 1.198 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3.1, but if it comes above 3.1, then a intra day buy could be more profitable.
If you take a sell trade below 3.1, then use 3.1 as stoploss and 2.9 as target. However if you take a buy trade in stock , then use 3.1 as stoploss and 3.23 as target.

Share price targets for Bits (Bits)

Target Type Value
Downside Target 1.74
Downside Target 2.49
Downside Target 2.67
Downside Target 3.01
Upside Target 3.09
Upside Target 3.31
Upside Target 3.37
Upside Target 3.43
Upside Target 3.50
Upside Target 3.57
Upside Target 3.65
Upside Target 4.24

Intraday share price targets for Bits (Bits)

Target Type Value
Downside Intraday Target 2.95
Downside Intraday Target 2.9
Upside Intraday Target 3.12
Upside Intraday Target 3.24
Upside Intraday Target 3.07

Weekly technical analysis of Bits (Bits)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 3.01 3.13 3.18 3.01 0.715 times
03 Fri May 2024 3.13 3.07 3.13 3.01 0.782 times
26 Fri Apr 2024 3.13 3.37 3.37 3.13 0.673 times
19 Fri Apr 2024 3.31 3.50 3.50 3.31 0.844 times
12 Fri Apr 2024 3.57 3.09 3.57 3.09 0.826 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Bits (Bits)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 3.01 3.01 3.18 3.01 0.143 times
30 Tue Apr 2024 3.01 3.26 3.57 2.67 1.909 times
28 Thu Mar 2024 3.43 3.72 4.24 3.43 1.008 times
29 Thu Feb 2024 3.65 2.53 3.65 2.53 0.599 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Bits (Bits)

Indicator Name Indicator Value Indicator Signal
ADX 50, 50, 0 Sell
MACD -0, -0Sell
Stochastics 17Sell
CCI -101Sell
RSI 57Buy
OBV 448500Sell
VWAP 3Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

Price action analysis of Bits ( (Bits) ) based on a short term time period is

Price action analysis of Bits ( (Bits) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Bits ( (Bits) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Bits ( (Bits) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Bits stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Bits in short term and the sell signal is strong.

Bits Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bits in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Bits is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3.1 and Bits (Bits) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Bits (Bits) stock. Volume based technical analysis of Bits (Bits) stock is negative.

Bits Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Bits charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme