Stock Trend Analysis Report
Prepared for you on Monday, December 11, 2023.
Hut 8 Mining Corp. - Common Shares (NASDAQ:HUT)
Countertrend Up (+85) - HUT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.
MarketClub’s Trade Triangles for HUT
The long-term trend has been UP since Dec 4th, 2023 at 2.6
The intermediate-term trend has been UP since Dec 4th, 2023 at 2.3
The short-term trend has been DOWN since Dec 7th, 2023 at 9.9
Smart Scan Analysis for HUT
Based on our trend formula, HUT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12.68||52wk High Date||2023-12-05|
|52wk Low||9.25||52wk Low Date||2023-12-07|
|Average Volume||7,918,253||Shares Outstanding||88,550|