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Stock Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

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

Sidelines Mode (+55) - HUT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
15.510 15.747 14.540 14.905 -0.400
Entry Signal

MarketClub’s Trade Triangles for HUT

long term down The long-term trend has been DOWN since Sep 4th, 2024 at 8.80

intermediate term up The intermediate-term trend has been UP since Sep 24th, 2024 at 12.06

short term down The short-term trend has been DOWN since Oct 25th, 2024 at 14.62

Smart Scan Analysis for HUT

Based on our trend formula, HUT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for HUT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.510 15.747 14.540 14.905 -0.400
Prev. Close Volume Bid Ask Time
14.900 4793300 2024-10-25 15:59:49
52wk High21.098352wk High Date2024-07-16
52wk Low6.1852wk Low Date2024-01-19
Average Volume4,162,872Shares Outstanding91,079
Assets108,697,700MLiabilities426,841,000M
P/E Ratio-11.94970000
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