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(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)

Showing technical analysis as on 2025-03-06 View latest technical analysis

10 day averaged volume of Bits is 67338

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Mar 2025	12.12	12.12	12.12	12.12	0.985 times
05 Wed Mar 2025	11.89	11.43	11.89	11.43	5.496 times
04 Tue Mar 2025	11.66	11.66	11.66	11.66	0.564 times
03 Mon Mar 2025	11.89	11.89	11.89	11.89	0.427 times
28 Fri Feb 2025	12.13	12.13	12.13	12.13	0.338 times
27 Thu Feb 2025	12.37	12.37	12.37	12.37	0.339 times
25 Tue Feb 2025	12.62	12.62	12.62	12.62	0.647 times
24 Mon Feb 2025	12.87	12.87	12.87	12.87	0.319 times
21 Fri Feb 2025	13.13	13.13	13.13	13.13	0.619 times
20 Thu Feb 2025	13.39	13.39	13.39	13.39	0.647 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 12.2, but if it comes above 12.2, then a intra day buy could be more profitable.
If you take a sell trade below 12.2, then use 12.2 as stoploss and 10.9 as target. However if you take a buy trade in stock , then use 12.2 as stoploss and 13.38 as target.

Share price targets for Bits (Bits)

Target Type	Value
Downside Target	11.43
Downside Target	12.12
Upside Target	12.87
Upside Target	13.13
Upside Target	13.96
Upside Target	15.38
Upside Target	22.57
Upside Target	30.13
Upside Target	30.74
Upside Target	31.48
Upside Target	38.32

Intraday share price targets for Bits (Bits)

Target Type	Value
Downside Intraday Target	11.66
Downside Intraday Target	11.2
Upside Intraday Target	12.35
Upside Intraday Target	12.58
Downside Intraday Target	11.89

Weekly technical analysis of Bits (Bits)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Mar 2025	12.12	11.89	12.12	11.43	4.549 times
28 Fri Feb 2025	12.13	12.87	12.87	12.13	0.604 times
21 Fri Feb 2025	13.13	14.21	14.21	13.13	0.368 times
14 Fri Feb 2025	14.49	14.65	15.38	14.49	0.336 times
07 Fri Feb 2025	13.96	12.70	13.96	11.51	1.108 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bits (Bits)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Thu Mar 2025	12.12	11.89	12.12	11.43	0.221 times
28 Fri Feb 2025	12.13	12.70	15.38	11.51	0.625 times
31 Fri Jan 2025	14.06	30.13	30.13	14.06	1.6 times
31 Tue Dec 2024	30.74	32.10	38.32	30.74	0.93 times

Scroll below to view daily charts

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)

Price action analysis of Bits ( (Bits) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Bits ( (Bits) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 Strong and stock is losing momentum.

MACD generated a BUY signal for Bits in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bits Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bits in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.17 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.