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Stock Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

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.

NASDAQ_HUT
Open High Low HUT Price Change
18.33 20.06 17.69 19.49 +1.36
Entry Signal

MarketClub’s Trade Triangles for HUT

long term up The long-term trend has been UP since Dec 4th, 2023 at 2.60

intermediate term up The intermediate-term trend has been UP since May 20th, 2024 at 9.55

short term down The short-term trend has been DOWN since Jul 18th, 2024 at 17.96

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).

+85
Smart Scan Analysis for HUT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.33 20.06 17.69 19.49 +1.36
Prev. Close Volume Bid Ask Time
19.52 6407478 2024-07-19 15:59:30
52wk High21.098352wk High Date2024-07-16
52wk Low6.1852wk Low Date2024-01-19
Average Volume8,163,887Shares Outstanding90,392
Assets999,040,000MLiabilities267,058,000M
P/E Ratio-11.94970000
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