Stock Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
HUT 8 MINING CORP (TSE:HUT)
Bear Market Rally (-75) - HUT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HUT as it may be in the beginning of a reversal.
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 DOWN since Sep 26th, 2023 at 2.51
The intermediate-term trend has been DOWN since Jul 24th, 2023 at 4.51
The short-term trend has been UP since Sep 28th, 2023 at 2.65
Smart Scan Analysis for HUT
Based on our trend formula, HUT is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).