Overall HUT gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HUT is showing a nice and steady performance.
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
30.51
5 important support areas can be observed.
- Support @51.67 from a trend line in the daily time frame.
- Support @41.29 from a trend line in the weekly time frame.
- Support @38.49 from a trend line in the daily time frame.
- Support @33.16 from a horizontal line in the daily time frame.
- Support @30.82 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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HUT is up. |
| ChartMill Relative Strength | 96.88 | POSITIVE | HUT has a high relative strength, it outperformed 96.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HUT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HUT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HUT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.4 | NEUTRAL | The RSI value for HUT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.25 | POSITIVE | The MACD value suggests HUT has a positive trend. |
| Stochastics (14,3) | 88.55 | OVERBOUGHT | The high Stochastics value suggests HUT may be overbought. |
| Average True Range in percent/ATR (20) | 8.45 | HIGH VOLATILITY | The high ATR as a percentage value for HUT suggests high volalility. |
| Average Directional Index/ADX (14) | 19.43 | NEGATIVE | The low ADX value for HUT suggests a weak or negative trend. |
60.04
+2.09 (+3.61%)
HUT 8 CORP / HUT FAQ
What is the ChartMill technical rating of HUT 8 CORP (HUT) stock?
ChartMill assigns a technical rating of 10 / 10 to HUT.
What is the trend direction for HUT stock?
The current trend direction for HUT 8 CORP (HUT) is Bullish.
Can you provide the RSI signal for HUT 8 CORP?
HUT 8 CORP (HUT) has an RSI value of 67.3967. This indicates that the stock is currently neutral.
What is the MACD signal for HUT stock?
The MACD indicator for HUT 8 CORP (HUT) has a value of 1.24995, indicating a bullish trend.
Can you provide the support and resistance levels for HUT 8 CORP?
HUT 8 CORP (HUT) has a support level at 51.67. Check the full technical report for our detailed analysis of HUT support and resistance levels.