HUT 8 CORP (HUT)
US44812J1043 - Common Stock
Taking everything into account, HUT scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HUT is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
HUT is one of the better performing stocks in the Software industry, it outperforms 93% of 278 stocks in the same industry.
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.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
HUT has an average volume of 7375760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that HUT is one of the better performing stocks in the market, outperforming 97% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month HUT has a been trading in the 22.54 - 31.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, HUT also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
10.85
28.87
3 important support areas can be observed.
- Support @25.62 from a horizontal line in the daily time frame.
- Support @23.21 from a trend line in the daily time frame.
- Support @10.96 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.8
Mansfield10.63
10 Day High31.95
10 Day Low24.63
20 Day High31.95
20 Day Low22.54
52 Week High31.95
52 Week Low6.18
Performance
1 Week15.61%
2 Weeks18.2%
1 Month18.29%
3 Month165.18%
6 Month139.84%
12 Month99.6%
2 Year596.94%
3 Year-24.53%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.16
RSI(14)63.26
LBB24.66
UBB30.38
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 |
|---|---|---|---|
| 31.96 | 25.61 | 6.35 (19.87%) | 5.03% |
| An entry @31.96. This is a Buy Stop order right above the 10 day high. | An exit @25.61. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 6.35 points, which is 19.87%. | For a 1.00% total portfolio risk, you can invest 5.03% of your capital in this trade. |
- 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.
HUT 8 CORP
NASDAQ:HUT (12/18/2024, 1:01:07 PM)
28.58
-1.04 (-3.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-3.51%
1 Week15.61%
2 Weeks18.2%
1 Month18.29%
3 Month165.18%
6 Month139.84%
12 Month99.6%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.14
ATR(20)%10.3%
ATR Inc
Range Today1.68
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High31.95
10 Day Low24.63
20 Day High31.95
20 Day Low22.54
52 Week High31.95
52 Week Low6.18
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.13M
Volume Incr29.39%
Vol(5)10.81M
Vol(50)7.38M