Technical Analysis for HUT - Hut 8 Mining Corp.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Down | Up | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| MACD Bullish Centerline Cross | Bullish | 7.21% | |
| Bollinger Band Squeeze | Range Contraction | 7.21% | |
| Stochastic Reached Overbought | Strength | 7.21% | |
| Weak + Overbought | Other | 7.21% | |
| BB Squeeze + Upper Band Touch | Range Contraction | 7.21% | |
| Overbought Stochastic | Strength | 7.21% | |
| Up 3 Days in a Row | Strength | 7.21% | |
| Upper Bollinger Band Touch | Strength | 7.21% | |
| Bollinger Band Squeeze | Range Contraction | 10.09% | |
| Crossed Above 20 DMA | Bullish | 11.21% |
| Alert | Time |
|---|---|
| Up 1 ATR | about 3 hours ago |
| 60 Minute Opening Range Breakout | about 5 hours ago |
| Upper Bollinger Band Resistance | about 5 hours ago |
| Rose Above Upper Bollinger Band | about 5 hours ago |
| Up 5% | about 5 hours ago |
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- Earnings date: 05/09/2024
Hut 8 Mining Corp. Description
Hut 8 is one of North America's oldest, largest and innovation-focused digital asset miners. Hut 8 has one of the highest installed capacity rates in the industry and is #1 globally in held, self-mined Bitcoin of any crypto miner or publicly traded company. Recently ranked 11th (of 10,000) on the 2021 OTCQX® Best 50, and the first publicly traded miner on the TSX, the Hut 8 leadership team is continually looking for ways to accelerate innovation in high performance computing, and the blockchain ecosystem. We are stewards of powerful, industry-leading solutions, and drivers of innovation in digital asset mining and high-performance computing. – Hut 8 applies a growth mindset to our revenue diversification, ESG and carbon footprint reduction strategy. We are a company committed to growing shareholder value regardless of #BTC market direction. #HodltheHut.
Classification
Sector: Financial Services
Industry: Capital Markets
Keywords: Computing Bitcoin Cryptocurrency Payment Systems Blockchain Decentralization Digital Currencies Performance Computing Digital Asset Mining
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 22.7345 |
| 52 Week Low | 6.18 |
| Average Volume | 3,365,462 |
| 200-Day Moving Average | 9.98 |
| 50-Day Moving Average | 8.52 |
| 20-Day Moving Average | 8.50 |
| 10-Day Moving Average | 8.39 |
| Average True Range | 0.66 |
| RSI (14) | 58.33 |
| ADX | 14.82 |
| +DI | 33.21 |
| -DI | 17.76 |
| Chandelier Exit (Long, 3 ATRs) | 7.85 |
| Chandelier Exit (Short, 3 ATRs) | 9.37 |
| Upper Bollinger Bands | 9.55 |
| Lower Bollinger Band | 7.46 |
| Percent B (%b) | 0.82 |
| BandWidth | 24.52 |
| MACD Line | 0.02 |
| MACD Signal Line | -0.08 |
| MACD Histogram | 0.1005 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 10.32 | ||||
| Resistance 3 (R3) | 10.32 | 9.93 | 10.12 | ||
| Resistance 2 (R2) | 9.93 | 9.64 | 9.93 | 10.06 | |
| Resistance 1 (R1) | 9.55 | 9.46 | 9.74 | 9.55 | 9.99 |
| Pivot Point | 9.16 | 9.16 | 9.26 | 9.16 | 9.16 |
| Support 1 (S1) | 8.78 | 8.87 | 8.97 | 8.78 | 8.33 |
| Support 2 (S2) | 8.39 | 8.69 | 8.39 | 8.26 | |
| Support 3 (S3) | 8.01 | 8.39 | 8.20 | ||
| Support 4 (S4) | 8.01 |
