HUT 8 CORP (HUT.CA) Stock Technical Analysis
TSX:HUT - Toronto Stock Exchange - US44812J1043 - Common Stock - Currency: CAD
Taking everything into account, HUT scores 9 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!
HUT is one of the better performing stocks in the Software industry, it outperforms 82% of 63 stocks in the same industry.
In the last month HUT has a been trading in the 21.03 - 31.19 range, which is quite wide. It is currently trading near the high of this range.
HUT has an average volume of 1499120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, HUT did better than 88% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
HUT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HUT is lagging the market.
Although HUT has an excellent technical rating, it 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
14.91
30.45
We found 6 important support areas.
- A support zone ranging from 28.39 to 28.57. 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 23.62 to 23.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @22.70 from a trend line in the daily time frame.
- Support @16.72 from a trend line in the weekly time frame.
- Support @16.17 from a trend line in the weekly time frame.
- Support @15.06 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 29.85 to 30.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 88.61 | POSITIVE | HUT.CA has a high relative strength, it outperformed 88.61% 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) | 66.26 | NEUTRAL | The RSI value for HUT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests HUT.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.47 | OVERBOUGHT | The high Stochastics value suggests HUT.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.93 | HIGH VOLATILITY | The high ATR as a percentage value for HUT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.27 | POSITIVE | The high ADX value value for HUT.CA suggests a strong trend. |
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)
TSX:HUT (7/11/2025, 7:00:00 PM)
29.84
-0.31 (-1.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.03%
1 Week2.02%
2 Weeks17.07%
1 Month19.36%
3 Month76.88%
6 Month-11.69%
12 Month29.23%
2 Year27.25%
3 Year118.61%
5 Year410.09%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.96
ATR(20)%5.93%
ATR Inc-1.63%
Range Today1.64
ADR(20)1.62
ADR(20)%5.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.61
Mansfield1.57
10 Day High31.19
10 Day Low23.91
20 Day High31.19
20 Day Low21.03
52 Week High45.2
52 Week Low11.86
CS1 End28.57
CR1 Start29.85
Volume & EV
DER(3)-1.81%
DER(5)-3.2%
Volume1.52M
Volume Incr3.75%
Vol(5)1.48M
Vol(50)1.50M