HUT 8 CORP (HUT) Stock Technical Analysis
NASDAQ:HUT • US44812J1043
Overall HUT gets a technical rating of 9 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, HUT did better than 97% of all other stocks. We also observe that the gains produced by HUT over the past year are nicely spread over this period.
- HUT is part of the Software industry. There are 277 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 6365460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month HUT has a been trading in the 43.81 - 66.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HUT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
32.83
4 important support areas can be observed.
- Support @46.25 from a trend line in the weekly time frame.
- Support @45.51 from a trend line in the daily time frame.
- Support @42.44 from a trend line in the daily time frame.
- A support zone ranging from 33.16 to 33.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 53.05 to 53.21. 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 is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HUT is neutral. |
| ChartMill Relative Strength | 97.04 | POSITIVE | HUT has a high relative strength, it outperformed 97.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HUT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HUT is below 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) | 48.11 | NEUTRAL | The RSI value for HUT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.98 | NEGATIVE | The MACD value suggests HUT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.28 | NEUTRAL | The Stochastics value for HUT is a neutral value. |
| Average True Range in percent/ATR (20) | 11.11 | HIGH VOLATILITY | The high ATR as a percentage value for HUT suggests high volalility. |
| Average Directional Index/ADX (14) | 18.12 | NEGATIVE | The low ADX value for HUT suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 54.94 | 53.04 | 1.90 (3.45%) | 25.00% |
| An entry @54.94. This is a Buy Stop order right above the 10 day moving average. | An exit @53.04. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.90 points, which is 3.45%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.86%. |
- The distance between exit and entry is rather small compared to the average daily movement of HUT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:HUT (2/12/2026, 11:52:08 AM)
50.7
-2.52 (-4.74%)
HUT 8 CORP / HUT FAQ
What is the ChartMill technical rating of HUT 8 CORP (HUT) stock?
ChartMill assigns a technical rating of 9 / 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 48.1087. 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 -0.978369, indicating a bearish trend.
Can you provide the support and resistance levels for HUT 8 CORP?
HUT 8 CORP (HUT) has a support level at 53.21. Check the full technical report for our detailed analysis of HUT support and resistance levels.