HUT 8 CORP (HUT.CA) Stock Technical Analysis
TSX:HUT - Toronto Stock Exchange - US44812J1043 - Common Stock - Currency: CAD
Overall HUT gets a technical rating of 4 out of 10. Although HUT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
HUT is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month HUT has a been trading in the 14.28 - 19.66 range, which is quite wide. It is currently trading near the high of this range.
HUT has an average volume of 1602970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that HUT is one of the better performing stocks in the market, outperforming 80% of all stocks. However, HUT's most recent performance is quite weak.
HUT is an average performer in the Software industry, it outperforms 69% of 63 stocks in the same industry.
HUT has an average technical rating and it also does not offer a high quality setup 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
14.71
19.26
When analyzing the support we can see 2 important areas.
- A support zone ranging from 16.92 to 16.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 14.86 to 15.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.07 to 19.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.01
Mansfield-1.43
10 Day High19.66
10 Day Low14.69
20 Day High19.66
20 Day Low14.28
52 Week High45.2
52 Week Low10.53
Performance
1 Week2.58%
2 Weeks23.05%
1 Month13.66%
3 Month-39.59%
6 Month-14.68%
12 Month67.78%
2 Year30.1%
3 Year16.57%
5 Year117.83%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.46
RSI(14)55.76
LBB14.42
UBB19.72
TSX:HUT (5/2/2025, 7:00:00 PM)
19.06
+0.38 (+2.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.03%
1 Week2.58%
2 Weeks23.05%
1 Month13.66%
3 Month-39.59%
6 Month-14.68%
12 Month67.78%
2 Year30.1%
3 Year16.57%
5 Year117.83%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.28
ATR(20)%8.41%
ATR Inc21.64%
Range Today1.07
ADR(20)1.44
ADR(20)%7.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.01
Mansfield-1.43
10 Day High19.66
10 Day Low14.69
20 Day High19.66
20 Day Low14.28
52 Week High45.2
52 Week Low10.53
CS1 End16.98
CR1 Start19.07
Volume & EV
DER(3)2.89%
DER(5)0.95%
Volume1.84M
Volume Incr-8.49%
Vol(5)1.47M
Vol(50)1.60M