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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

HUT 8 MINING CORP (TSE:HUT)

Weak Downtrend (-65) - HUT is showing signs of a strengthening downtrend. Monitor HUT as it may be building momentum to the downside.

Is it time to buy, sell, or avoid HUT?

MarketClub looks at technical strength and momentum to determine if the timing is right for HUT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_HUT
Open High Low HUT Price Change
11.05 11.33 10.82 11.09 -0.19
Entry Signal

MarketClub’s Trade Triangles for HUT

long term up The long-term trend has been UP since Dec 4th, 2023 at 3.58

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 10.40

short term down The short-term trend has been DOWN since May 8th, 2024 at 11.25

Smart Scan Analysis for HUT

Based on our trend formula, HUT is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for HUT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.05 11.33 10.82 11.09 -0.19
Prev. Close Volume Bid Ask Time
11.28 768575 2024-05-09 15:29:30
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