HUT 8 CORP (HUT.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:HUT - US44812J1043 - Common Stock
Overall HUT gets a technical rating of 6 out of 10. In the last year, HUT was one of the better performers, but we do observe some doubts in the very recent evolution.
HUT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for HUT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
39.76
We found 6 important support areas.
- A support zone ranging from 56.85 to 57.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @54.10 from a trend line in the weekly time frame.
- Support @49.80 from a trend line in the daily time frame.
- Support @46.21 from a horizontal line in the daily time frame.
- Support @42.06 from a trend line in the daily time frame.
- Support @40.16 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 60.92 to 61.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @64.40 from a horizontal line in the daily 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.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HUT.CA is neutral. |
| ChartMill Relative Strength | 82.06 | POSITIVE | HUT.CA has a high relative strength, it outperformed 82.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HUT.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HUT.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HUT.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.97 | NEUTRAL | The RSI value for HUT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests HUT.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.69 | NEUTRAL | The Stochastics value for HUT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.98 | HIGH VOLATILITY | The high ATR as a percentage value for HUT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 11.38 | NEGATIVE | The low ADX value for HUT.CA 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 |
|---|---|---|---|
| 61.62 | 56.84 | 4.78 (7.76%) | 12.89% |
| An entry @61.62. This is a Buy Stop order right above the resistance zone. | An exit @56.84. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.78 points, which is 7.76%. | For a 1.00% total portfolio risk, you can invest 12.89% of your capital in this trade. |
- 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.
TSX:HUT (12/19/2025, 7:00:00 PM)
60.42
+7.24 (+13.61%)
HUT 8 CORP / HUT.CA FAQ
What is the ChartMill technical rating of HUT 8 CORP (HUT.CA) stock?
ChartMill assigns a technical rating of 6 / 10 to HUT.CA.
What is the current trend direction of HUT 8 CORP (HUT.CA) stock?
The current trend direction for HUT 8 CORP (HUT.CA) is Bullish.
Can you provide the RSI signal for HUT 8 CORP?
HUT 8 CORP (HUT.CA) has an RSI value of 52.9741. This indicates that the stock is currently neutral.
What is the short term momentum for HUT 8 CORP (HUT.CA) stock?
The short term momentum for HUT 8 CORP (HUT.CA) is neutral.
What is the support and resistance level for HUT stock?
HUT 8 CORP (HUT.CA) has a support level at 57.94 and a resistance level at 60.92. Check the full technical report for our detailed analysis of HUT.CA support and resistance levels.