Stock Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
HUT 8 MINING CORP (TSE:HUT)
Long-Term Uptrend (+90) - HUT is in a strong uptrend that is likely to continue. While HUT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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 Nov 5th, 2020 at 1.42
The intermediate-term trend has been UP since Oct 9th, 2020 at 1.02
The short-term trend has been UP since Jan 29th, 2021 at 5.10
Smart Scan Analysis for HUT
Based on our trend formula, HUT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).