34.34 USD
+0.58 (+1.72%)
34.98 USD
+0.64 (+1.86%)
We assign a technical rating of 5 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 31.67 - 55.55 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
HUT is one of the better performing stocks in the Software industry, it outperforms 88% of 281 stocks in the same industry.
HUT has an average volume of 7997330 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.
Looking at the yearly performance, HUT did better than 92% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
HUT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HUT is lagging the market slightly.
HUT has an average technical rating and it also 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
26.93
34.68
3 important support areas can be observed.
- Support @33.75 from a horizontal line in the daily time frame.
- Support @28.04 from a trend line in the daily time frame.
- Support @27.20 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 | DOWN | NEGATIVE | The short term trend for HUT is down. |
| ChartMill Relative Strength | 92.85 | POSITIVE | HUT has a high relative strength, it outperformed 92.85% 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) | 38.5 | NEUTRAL | The RSI value for HUT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.51 | NEGATIVE | The MACD value suggests HUT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.82 | OVERSOLD | The low Stochastics value suggests HUT may be oversold. |
| Average True Range in percent/ATR (20) | 14.51 | HIGH VOLATILITY | The high ATR as a percentage value for HUT suggests high volalility. |
| Average Directional Index/ADX (14) | 22.96 | NEUTRAL | The ADX value for HUT suggests a possible start of a new 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)
34.34
+0.58 (+1.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.72%
1 Week-7.04%
2 Weeks-22.99%
1 Month-27.95%
3 Month46.94%
6 Month106.25%
12 Month32.48%
2 Year261.47%
3 Year477.14%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.22
ATR(20)%14.51%
ATR Inc8.8%
Range Today3.4
ADR(20)4.79
ADR(20)%13.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.85
3 months CRS96.06
6 months CRS96.43
Mansfield3.54
10 Day High48.73
10 Day Low31.67
20 Day High55.55
20 Day Low31.67
52 Week High57.29
52 Week Low10.04
CS1 End33.75
CR1 StartN/A
Volume & EV
DER(3)-0.57%
DER(5)1.52%
Volume7.26M
Volume Incr-16.04%
Vol(5)7.43M
Vol(50)8.00M
HUT 8 CORP / HUT FAQ
What is the ChartMill technical rating of HUT 8 CORP (HUT) stock?
ChartMill assigns a technical rating of 5 / 10 to HUT.
What is the current trend direction of HUT 8 CORP (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 38.5014. This indicates that the stock is currently neutral.
What is the short term momentum for HUT 8 CORP (HUT) stock?
The short term momentum for HUT 8 CORP (HUT) is negative.
What is the support and resistance level for HUT stock?
HUT 8 CORP (HUT) has a support level at 33.75. Check the full technical report for our detailed analysis of HUT support and resistance levels.