Stock Trend Analysis Report
Prepared for you on Monday, January 17, 2022.
HUT 8 MINING CORP (TSE:HUT)
Long-Term Downtrend (-90) - HUT is in a strong downtrend that is likely to continue. While HUT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 Dec 17th, 2021 at 9.72
The intermediate-term trend has been DOWN since Nov 30th, 2021 at 14.92
The short-term trend has been DOWN since Jan 14th, 2022 at 8.05
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).