HUT 8 CORP (HUT.CA) Technical Analysis
TSX:HUT • US44812J1043
Current stock price
HUT.CA Technical Rating and Analysis
Taking everything into account, HUT scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, HUT has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that HUT is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, HUT also shows a nice and consistent pattern of rising prices.
- HUT is part of the Software industry. There are 66 other stocks in this industry. HUT outperforms 98% of them.
- HUT is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month HUT has a been trading in the 58.62 - 113.78 range, which is quite wide. It is currently trading near the high of this range.
- HUT has an average volume of 1069300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
HUT.CA Weekly and Daily overview Charts
HUT.CA Setup Rating and Analysis
Although HUT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
HUT.CA Support and Resistance Analysis
60.26
We found 2 important support areas.
- Support @63.00 from a trend line in the daily time frame.
- Support @60.87 from a horizontal line in the daily time frame.
HUT.CA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for HUT.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HUT.CA is up. |
| ChartMill Relative Strength | 98.11 | POSITIVE | HUT.CA has a high relative strength, it outperformed 98.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HUT.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HUT.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HUT.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.94 | OVERBOUGHT | The high RSI value suggests HUT.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.43 | POSITIVE | The MACD value suggests HUT.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.5 | OVERBOUGHT | The high Stochastics value suggests HUT.CA may be overbought. |
| Average True Range in percent/ATR (20) | 6.66 | HIGH VOLATILITY | The high ATR as a percentage value for HUT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.42 | POSITIVE | The high ADX value value for HUT.CA suggests a strong trend. |
HUT.CA Chart- and CandleStick Pattern Analysis
HUT.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:HUT (4/23/2026, 7:00:00 PM)
108.01
-2.35 (-2.13%)
HUT 8 CORP / HUT.CA TA FAQ
What is the ChartMill technical rating of HUT 8 CORP (HUT.CA) stock?
ChartMill assigns a technical rating of 10 / 10 to HUT.CA.
Can you provide the trend direction for HUT 8 CORP?
The current trend direction for HUT 8 CORP (HUT.CA) is Bullish.
What is the RSI signal for HUT stock?
HUT 8 CORP (HUT.CA) has an RSI value of 70.9381. This indicates that the stock is currently overbought.
What is the buy/sell signal for HUT 8 CORP (HUT.CA) stock?
The buy/sell signal for HUT 8 CORP (HUT.CA) is buy as both the short term and long term trends are positive.
What is the support and resistance level for HUT stock?
HUT 8 CORP (HUT.CA) has a support level at 63. Check the full technical report for our detailed analysis of HUT.CA support and resistance levels.