Stock Trend Analysis Report
Prepared for you on Tuesday, September 28, 2021.
HUT 8 MINING CORP (TSE: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.
MarketClub’s Trade Triangles for HUT
The long-term trend has been UP since Aug 6th, 2021 at 7.24
The intermediate-term trend has been UP since Aug 4th, 2021 at 6.37
The short-term trend has been DOWN since Sep 28th, 2021 at 10.34
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).