Stock Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
HUT 8 MINING CORP (TSE:HUT)
Strong Uptrend (+100) - HUT is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HUT continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Dec 4th, 2023 at 3.58
The intermediate-term trend has been UP since Dec 4th, 2023 at 3.11
The short-term trend has been UP since Nov 24th, 2023 at 2.66
Smart Scan Analysis for HUT
Based on our trend formula, HUT is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).