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Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Hut 8 Mining Corp. - Common Shares (NASDAQ:HUT)

Weak Uptrend (+65) - HUT is showing signs of weakening momentum to the upside. Monitor HUT as it may be in the beginning stages 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.

NASDAQ_HUT
Open High Low HUT Price Change
9.5400 9.8387 8.9700 8.9800 -0.6500
Entry Signal

MarketClub’s Trade Triangles for HUT

long term up The long-term trend has been UP since Dec 4th, 2023 at 2.6000

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 7.5500

short term up The short-term trend has been UP since Apr 18th, 2024 at 7.8046

Smart Scan Analysis for HUT

Based on our trend formula, HUT is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for HUT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.5400 9.8387 8.9700 8.9800 -0.6500
Prev. Close Volume Bid Ask Time
9.6300 3104298 2024-04-24 15:59:41
52wk High22.7552wk High Date2023-07-14
52wk Low6.1852wk Low Date2024-01-19
Average Volume3,853,836Shares Outstanding88,550
Assets496,629,000MLiabilities99,250,000M
P/E Ratio-11.94970000
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