HUT 8 CORP (HUT.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:HUT - US44812J1043 - Common Stock
Taking everything into account, HUT scores 8 out of 10 in our technical rating. In the last year, HUT was one of the better performers, but we do observe some doubts in the very recent evolution.
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
38.37
We found 4 important support areas.
- Support @49.61 from a trend line in the daily time frame.
- Support @46.21 from a horizontal line in the daily time frame.
- Support @39.79 from a trend line in the daily time frame.
- Support @38.76 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 63.18 to 63.18. 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 | NEUTRAL | NEUTRAL | The short term trend for HUT.CA is neutral. |
| ChartMill Relative Strength | 84.9 | POSITIVE | HUT.CA has a high relative strength, it outperformed 84.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HUT.CA is above a declining 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) | 52.83 | NEUTRAL | The RSI value for HUT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.77 | POSITIVE | The MACD value suggests HUT.CA has a positive trend. |
| Stochastics (14,3) | 82.16 | OVERBOUGHT | The high Stochastics value suggests HUT.CA may be overbought. |
| Average True Range in percent/ATR (20) | 10.51 | HIGH VOLATILITY | The high ATR as a percentage value for HUT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.05 | NEGATIVE | The low ADX value for HUT.CA suggests a weak or negative trend. |
TSX:HUT (12/1/2025, 7:00:00 PM)
60.97
-2.2 (-3.48%)
HUT 8 CORP / HUT.CA FAQ
What is the ChartMill technical rating of HUT 8 CORP (HUT.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to HUT.CA.
What is the current trend direction of HUT 8 CORP (HUT.CA) stock?
The current trend direction for HUT 8 CORP (HUT.CA) is Bullish.
Can you provide the RSI signal for HUT 8 CORP?
HUT 8 CORP (HUT.CA) has an RSI value of 52.8349. This indicates that the stock is currently neutral.
What is the short term momentum for HUT 8 CORP (HUT.CA) stock?
The short term momentum for HUT 8 CORP (HUT.CA) is neutral.
What is the support and resistance level for HUT stock?
HUT 8 CORP (HUT.CA) has a support level at 49.61 and a resistance level at 63.18. Check the full technical report for our detailed analysis of HUT.CA support and resistance levels.