Logo image of CIFR

CIPHER MINING INC (CIFR) Stock Technical Analysis

NASDAQ:CIFR - Nasdaq - US17253J1060 - Common Stock - Currency: USD

4.7  +0.2 (+4.44%)

After market: 5.53 +0.83 (+17.66%)

Technical Rating and Analysis

4

Overall CIFR gets a technical rating of 4 out of 10. Although CIFR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month CIFR has a been trading in the 4.10 - 6.41 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When comparing the yearly performance of all stocks, we notice that CIFR is one of the better performing stocks in the market, outperforming 87% of all stocks.
CIFR is one of the better performing stocks in the Software industry, it outperforms 70% of 286 stocks in the same industry.
CIFR has an average volume of 10280300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
CIFR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CIFR is lagging the market.
Weekly and Daily overview Charts
CIPHER MINING INC / CIFR Weekly stock chart
CIPHER MINING INC / CIFR Daily stock chart
Setup Rating and Analysis

4

CIFR has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

2.85

7.50

When analyzing the support we can see 3 important areas.

  • Support @4.48 from a horizontal line in the daily time frame.
  • Support @3.07 from a trend line in the weekly time frame.
  • Support @2.88 from a trend line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • Resistance @5.66 from a trend line in the daily time frame.
  • A resistance zone ranging from 5.80 to 5.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @7.43 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.57
Mansfield-0.6
10 Day High6.41
10 Day Low4.1
20 Day High6.41
20 Day Low4.1
52 Week High7.99
52 Week Low2.4
Performance
1 Week-15.01%
2 Weeks-10.31%
1 Month0.86%
3 Month-10.48%
6 Month8.55%
12 Month75.37%
2 Year291.67%
3 Year54.61%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)42.35
LBB4.22
UBB5.94
CIPHER MINING INC / CIFR Daily stock chart

CIPHER MINING INC

NASDAQ:CIFR (1/30/2025, 8:13:53 PM)

After market: 5.53 +0.83 (+17.66%)

4.7

+0.2 (+4.44%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg4.44%
1 Week-15.01%
2 Weeks-10.31%
1 Month0.86%
3 Month-10.48%
6 Month8.55%
12 Month75.37%
2 Year291.67%
3 Year54.61%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%11.38%
ATR Inc-48.71%
Range Today0.28
ADR(20)0.47
ADR(20)%9.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.57
Mansfield-0.6
10 Day High6.41
10 Day Low4.1
20 Day High6.41
20 Day Low4.1
52 Week High7.99
52 Week Low2.4
CS1 End4.48
CR1 Start5.66
Volume & EV
DER(3)-0.97%
DER(5)0.29%
Volume12.99M
Volume Incr122.54%
Vol(5)18.34M
Vol(50)10.28M