HUT 8 CORP (HUT.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:HUT • US44812J1043
We assign a technical rating of 7 out of 10 to HUT. In the last year, HUT was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month HUT has a been trading in the 60.02 - 89.34 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that HUT is one of the better performing stocks in the market, outperforming 84% of all stocks.
- HUT is part of the Software industry. There are 66 other stocks in this industry. HUT outperforms 98% of them.
- HUT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HUT is lagging the market slightly.
- HUT has an average volume of 1380960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Although HUT has an excellent technical rating, the quality of the presented setup is not ideal 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
44.65
We found 5 important support areas.
- Support @64.18 from a trend line in the weekly time frame.
- Support @57.73 from a trend line in the daily time frame.
- Support @55.84 from a trend line in the daily time frame.
- Support @46.21 from a horizontal line in the daily time frame.
- Support @45.10 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The short term trend for HUT.CA is down. |
| ChartMill Relative Strength | 84.53 | POSITIVE | HUT.CA has a high relative strength, it outperformed 84.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HUT.CA is below 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) | 47.63 | NEUTRAL | The RSI value for HUT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.16 | NEGATIVE | The MACD value suggests HUT.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.6 | NEUTRAL | The Stochastics value for HUT.CA is a neutral value. |
| 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) | 17.85 | NEGATIVE | The low ADX value for HUT.CA suggests a weak or negative trend. |
TSX:HUT (2/6/2026, 7:00:00 PM)
72.43
+11.56 (+18.99%)
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 7 / 10 to HUT.CA.
What is the trend direction for HUT 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 47.6255. This indicates that the stock is currently neutral.
What is the MACD signal for HUT stock?
The MACD indicator for HUT 8 CORP (HUT.CA) has a value of -2.16181, indicating a bearish trend.
Can you provide the support and resistance levels for HUT 8 CORP?
HUT 8 CORP (HUT.CA) has a support level at 64.18. Check the full technical report for our detailed analysis of HUT.CA support and resistance levels.