Technical Analysis for HUT - Hut 8 Mining Corp.

Grade Last Price % Change Price Change
F 7.88 5.91% 0.44
HUT closed up 5.91 percent on Thursday, April 18, 2024, on 49 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: May 9
*** please verify all earnings dates ***
6 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Buy Signal Bullish 5.91%
Wide Bands Range Expansion 5.91%
Oversold Stochastic Weakness 5.91%
NR7 Range Contraction 8.84%
Narrow Range Bar Range Contraction 8.84%
Wide Bands Range Expansion 8.84%
Lower Bollinger Band Touch Weakness 8.84%
Oversold Stochastic Weakness 8.84%

   Recent Intraday Alerts

Alert Time
10 DMA Resistance about 9 hours ago
Rose Above 10 DMA about 9 hours ago
60 Minute Opening Range Breakout about 10 hours ago
Rose Above Previous Day's High about 11 hours ago
Up 5% about 11 hours ago

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Profile

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

Is HUT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 22.7345
52 Week Low 6.18
Average Volume 4,624,637
200-Day Moving Average 11.02
50-Day Moving Average 8.57
20-Day Moving Average 8.91
10-Day Moving Average 8.08
Average True Range 0.79
RSI (14) 44.13
ADX 15.78
+DI 30.46
-DI 27.60
Chandelier Exit (Long, 3 ATRs) 9.80
Chandelier Exit (Short, 3 ATRs) 9.31
Upper Bollinger Bands 11.04
Lower Bollinger Band 6.77
Percent B (%b) 0.26
BandWidth 48.00
MACD Line -0.31
MACD Signal Line -0.09
MACD Histogram -0.2206
Fundamentals Value
Market Cap 701.03 Million
Num Shares 89 Million
EPS -0.78
Price-to-Earnings (P/E) Ratio -10.10
Price-to-Sales 11.83
Price-to-Book 1.72
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.02
Resistance 3 (R3) 8.98 8.56 8.83
Resistance 2 (R2) 8.56 8.27 8.58 8.77
Resistance 1 (R1) 8.22 8.09 8.39 8.26 8.70
Pivot Point 7.80 7.80 7.89 7.82 7.80
Support 1 (S1) 7.46 7.51 7.63 7.50 7.06
Support 2 (S2) 7.04 7.33 7.06 6.99
Support 3 (S3) 6.70 7.04 6.93
Support 4 (S4) 6.74