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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.

NASDAQ_HUT
Open High Low HUT Price Change
9.53 10.37 9.40 10.24 +0.79
Entry Signal

MarketClub’s Trade Triangles for HUT

long term up The long-term trend has been UP since Dec 4th, 2023 at 2.6

intermediate term up The intermediate-term trend has been UP since Dec 4th, 2023 at 2.3

short term down 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).

+85
Smart Scan Analysis for HUT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.53 10.37 9.40 10.24 +0.79
Prev. Close Volume Bid Ask Time
10.25 5999364 2023-12-08 15:59:12
52wk High12.6852wk High Date2023-12-05
52wk Low9.2552wk Low Date2023-12-07
Average Volume7,918,253Shares Outstanding88,550
Assets496,629,000MLiabilities99,250,000M
P/E Ratio-11.94970000
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