Stock Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
Hut 8 Mining Corp (NASDAQ:HUTMF)
Bull Market Weakness (+75) - HUTMF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HUTMF as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HUTMF?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUTMF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HUTMF
The long-term trend has been DOWN since Mar 9th, 2020 at 0.7470
The intermediate-term trend has been UP since Apr 6th, 2020 at 0.6566
The short-term trend has been UP since May 29th, 2020 at 1.2100
Smart Scan Analysis for HUTMF
Based on our trend formula, HUTMF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||3.7437||Year High Date||2018-03-08|
|Year Low||1.242||Year Low Date||2018-11-27|
|52wk High||2.23||52wk High Date||2019-06-26|
|52wk Low||0.3693||52wk Low Date||2020-03-16|
|Average Volume||51,454||Shares Outstanding||82,380|