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Stock Trend Analysis Report

Prepared for you on Friday, December 6, 2024.

Hut 8 Mining Corp. - Common Shares (NASDAQ:HUT)

Long-Term Uptrend (+90) - HUT is in a strong uptrend that is likely to continue. While HUT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

NASDAQ_HUT
Open High Low HUT Price Change
29.1200 31.3633 27.4501 27.7000 +0.6700
Entry Signal

MarketClub’s Trade Triangles for HUT

long term up The long-term trend has been UP since Nov 6th, 2024 at 18.385

intermediate term up The intermediate-term trend has been UP since Sep 24th, 2024 at 12.060

short term up The short-term trend has been UP since Nov 27th, 2024 at 26.420

Smart Scan Analysis for HUT

Based on our trend formula, HUT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for HUT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.1200 31.3633 27.4501 27.7000 +0.6700
Prev. Close Volume Bid Ask Time
27.6700 10350928 2024-12-05 15:59:19
52wk High31.363352wk High Date2024-12-05
52wk Low6.1852wk Low Date2024-01-19
Average Volume8,564,401Shares Outstanding93,581
Assets109,922,300MLiabilities395,308,000M
P/E Ratio-11.94970000
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