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Hut 8 Corp. Common Stock
Buy, Hold or Sell?

Let's analyse Hut 8 Corp. Common Stock together

PenkeI guess you are interested in Hut 8 Corp. Common Stock. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Hut 8 Corp. Common Stock. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Hut 8 Corp. Common Stock (30 sec.)










What can you expect buying and holding a share of Hut 8 Corp. Common Stock? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
$0.19
Expected worth in 1 year
$-1.49
How sure are you?
27.5%

+ What do you gain per year?

Total Gains per Share
$-1.68
Return On Investment
-15.2%

For what price can you sell your share?

Current Price per Share
$11.04
Expected price per share
$6.4 - $22.75
How sure are you?
50%

1. Valuation of Hut 8 Corp. Common Stock (5 min.)




Live pricePrice per Share (EOD)

$11.04

Intrinsic Value Per Share

$-5.33 - $-1.41

Total Value Per Share

$-5.14 - $-1.22

2. Growth of Hut 8 Corp. Common Stock (5 min.)




Is Hut 8 Corp. Common Stock growing?

Current yearPrevious yearGrowGrow %
How rich?$17.1m$408.7m-$165.3m-67.9%

How much money is Hut 8 Corp. Common Stock making?

Current yearPrevious yearGrowGrow %
Making money-$63.9m-$42.7m-$21.1m-33.1%
Net Profit Margin-276.9%-93.8%--

How much money comes from the company's main activities?

3. Financial Health of Hut 8 Corp. Common Stock (5 min.)




4. Comparing to competitors in the Capital Markets industry (5 min.)




  Industry Rankings (Capital Markets)  


Richest
#275 / 373

Most Revenue
#194 / 373

Most Profit
#367 / 373

Most Efficient
#353 / 373

What can you expect buying and holding a share of Hut 8 Corp. Common Stock? (5 min.)

Welcome investor! Hut 8 Corp. Common Stock's management wants to use your money to grow the business. In return you get a share of Hut 8 Corp. Common Stock.

What can you expect buying and holding a share of Hut 8 Corp. Common Stock?

First you should know what it really means to hold a share of Hut 8 Corp. Common Stock. And how you can make/lose money.

Speculation

The Price per Share of Hut 8 Corp. Common Stock is $11.04. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Hut 8 Corp. Common Stock.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Hut 8 Corp. Common Stock, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $0.19. Based on the TTM, the Book Value Change Per Share is $-0.42 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.27 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Hut 8 Corp. Common Stock.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.05-0.4%-0.12-1.1%-0.28-2.5%-0.12-1.1%-0.07-0.6%
Usd Book Value Change Per Share-1.37-12.5%-0.42-3.8%-0.27-2.5%-0.05-0.5%0.000.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-1.37-12.5%-0.42-3.8%-0.27-2.5%-0.05-0.5%0.000.0%
Usd Price Per Share1.95-1.99-4.12-2.79-1.57-
Price to Earnings Ratio-9.92--5.03--0.58--2.19--1.83-
Price-to-Total Gains Ratio-1.42-15.22-26.30--53.49--48.09-
Price to Book Ratio10.11-3.54-1.56-2.72-1.50-
Price-to-Total Gains Ratio-1.42-15.22-26.30--53.49--48.09-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share11.04
Number of shares90
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.42-0.05
Usd Total Gains Per Share-0.42-0.05
Gains per Quarter (90 shares)-37.80-4.84
Gains per Year (90 shares)-151.19-19.36
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-151-1610-19-29
20-302-3120-39-48
30-454-4630-58-67
40-605-6140-77-86
50-756-7650-97-105
60-907-9160-116-124
70-1058-10670-136-143
80-1210-12180-155-162
90-1361-13690-174-181
100-1512-15200-194-200

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.03.00.025.0%5.07.00.041.7%7.013.00.035.0%7.033.00.017.5%7.037.00.015.9%
Book Value Change Per Share2.02.00.050.0%7.05.00.058.3%9.011.00.045.0%11.029.00.027.5%12.032.00.027.3%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.040.00.0%0.00.044.00.0%
Total Gains per Share2.02.00.050.0%7.05.00.058.3%9.011.00.045.0%11.029.00.027.5%12.032.00.027.3%

Fundamentals of Hut 8 Corp. Common Stock

About Hut 8 Corp. Common Stock

Hut 8 Corp. provides digital asset mining and high-performance computing infrastructure solutions in Canada. It operates computing infrastructure sites mines Bitcoin, as well as delivers cloud, colocation, and computing services to enterprise customers. The company was founded in 2017 and is based in Miami, Florida.

Fundamental data was last updated by Penke on 2024-03-19 15:40:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Hut 8 Corp. Common Stock.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Hut 8 Corp. Common Stock earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Hut 8 Corp. Common Stock to the Capital Markets industry mean.
  • A Net Profit Margin of -19.7% means that $-0.20 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Hut 8 Corp. Common Stock:

  • The MRQ is -19.7%. The company is making a huge loss. -2
  • The TTM is -276.9%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-19.7%TTM-276.9%+257.2%
TTM-276.9%YOY-93.8%-183.1%
TTM-276.9%5Y-111.1%-165.8%
5Y-111.1%10Y-59.6%-51.5%
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ-19.7%10.1%-29.8%
TTM-276.9%10.0%-286.9%
YOY-93.8%14.3%-108.1%
5Y-111.1%13.2%-124.3%
10Y-59.6%12.5%-72.1%
1.1.2. Return on Assets

Shows how efficient Hut 8 Corp. Common Stock is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Hut 8 Corp. Common Stock to the Capital Markets industry mean.
  • -3.3% Return on Assets means that Hut 8 Corp. Common Stock generated $-0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Hut 8 Corp. Common Stock:

  • The MRQ is -3.3%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -23.3%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-3.3%TTM-23.3%+19.9%
TTM-23.3%YOY-9.6%-13.6%
TTM-23.3%5Y-15.7%-7.5%
5Y-15.7%10Y-12.5%-3.2%
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.3%0.3%-3.6%
TTM-23.3%0.3%-23.6%
YOY-9.6%0.4%-10.0%
5Y-15.7%0.4%-16.1%
10Y-12.5%0.4%-12.9%
1.1.3. Return on Equity

Shows how efficient Hut 8 Corp. Common Stock is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Hut 8 Corp. Common Stock to the Capital Markets industry mean.
  • -25.5% Return on Equity means Hut 8 Corp. Common Stock generated $-0.25 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Hut 8 Corp. Common Stock:

  • The MRQ is -25.5%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -32.3%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-25.5%TTM-32.3%+6.9%
TTM-32.3%YOY-11.5%-20.8%
TTM-32.3%5Y-34.0%+1.6%
5Y-34.0%10Y-42.7%+8.7%
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ-25.5%1.4%-26.9%
TTM-32.3%1.5%-33.8%
YOY-11.5%2.0%-13.5%
5Y-34.0%1.9%-35.9%
10Y-42.7%2.0%-44.7%

1.2. Operating Efficiency of Hut 8 Corp. Common Stock.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Hut 8 Corp. Common Stock is operating .

  • Measures how much profit Hut 8 Corp. Common Stock makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Hut 8 Corp. Common Stock to the Capital Markets industry mean.
  • An Operating Margin of 9.6% means the company generated $0.10  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Hut 8 Corp. Common Stock:

  • The MRQ is 9.6%. The company is operating less efficient.
  • The TTM is 84.0%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ9.6%TTM84.0%-74.5%
TTM84.0%YOY-13.8%+97.8%
TTM84.0%5Y-6.2%+90.3%
5Y-6.2%10Y-6.9%+0.7%
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ9.6%15.5%-5.9%
TTM84.0%12.3%+71.7%
YOY-13.8%16.4%-30.2%
5Y-6.2%8.3%-14.5%
10Y-6.9%8.9%-15.8%
1.2.2. Operating Ratio

Measures how efficient Hut 8 Corp. Common Stock is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Capital Markets industry mean).
  • An Operation Ratio of 1.00 means that the operating costs are $1.00 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Hut 8 Corp. Common Stock:

  • The MRQ is 0.998. The company is less efficient in keeping operating costs low.
  • The TTM is 2.067. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ0.998TTM2.067-1.069
TTM2.067YOY1.202+0.865
TTM2.0675Y1.462+0.604
5Y1.46210Y0.844+0.618
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9981.082-0.084
TTM2.0670.996+1.071
YOY1.2020.964+0.238
5Y1.4620.918+0.544
10Y0.8440.879-0.035

1.3. Liquidity of Hut 8 Corp. Common Stock.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Hut 8 Corp. Common Stock is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Capital Markets industry mean).
  • A Current Ratio of 1.99 means the company has $1.99 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Hut 8 Corp. Common Stock:

  • The MRQ is 1.991. The company is able to pay all its short-term debts. +1
  • The TTM is 17.555. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ1.991TTM17.555-15.564
TTM17.555YOY14.566+2.989
TTM17.5555Y10.743+6.812
5Y10.74310Y6.662+4.081
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9912.118-0.127
TTM17.5551.674+15.881
YOY14.5661.871+12.695
5Y10.7432.053+8.690
10Y6.6622.044+4.618
1.3.2. Quick Ratio

Measures if Hut 8 Corp. Common Stock is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Hut 8 Corp. Common Stock to the Capital Markets industry mean.
  • A Quick Ratio of 1.39 means the company can pay off $1.39 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Hut 8 Corp. Common Stock:

  • The MRQ is 1.393. The company is able to pay all its short-term debts with the most liquid assets. +1
  • The TTM is 1.364. The company is able to pay all its short-term debts with the most liquid assets. +1
Trends
Current periodCompared to+/- 
MRQ1.393TTM1.364+0.029
TTM1.364YOY3.248-1.883
TTM1.3645Y2.548-1.184
5Y2.54810Y2.473+0.075
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3931.502-0.109
TTM1.3641.260+0.104
YOY3.2481.311+1.937
5Y2.5481.672+0.876
10Y2.4731.590+0.883

1.4. Solvency of Hut 8 Corp. Common Stock.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Hut 8 Corp. Common Stock assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Hut 8 Corp. Common Stock to Capital Markets industry mean.
  • A Debt to Asset Ratio of 0.87 means that Hut 8 Corp. Common Stock assets are financed with 87.0% credit (debt) and the remaining percentage (100% - 87.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Hut 8 Corp. Common Stock:

  • The MRQ is 0.870. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.323. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.870TTM0.323+0.547
TTM0.323YOY0.145+0.177
TTM0.3235Y0.291+0.032
5Y0.29110Y0.345-0.054
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8700.631+0.239
TTM0.3230.616-0.293
YOY0.1450.621-0.476
5Y0.2910.608-0.317
10Y0.3450.590-0.245
1.4.2. Debt to Equity Ratio

Measures if Hut 8 Corp. Common Stock is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Hut 8 Corp. Common Stock to the Capital Markets industry mean.
  • A Debt to Equity ratio of 668.5% means that company has $6.68 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Hut 8 Corp. Common Stock:

  • The MRQ is 6.685. The company is unable to pay all its debts with equity. -1
  • The TTM is 1.793. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ6.685TTM1.793+4.891
TTM1.793YOY0.173+1.620
TTM1.7935Y0.765+1.029
5Y0.76510Y1.442-0.677
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ6.6851.638+5.047
TTM1.7931.549+0.244
YOY0.1731.573-1.400
5Y0.7651.517-0.752
10Y1.4421.664-0.222

2. Market Valuation of Hut 8 Corp. Common Stock

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Hut 8 Corp. Common Stock generates.

  • Above 15 is considered overpriced but always compare Hut 8 Corp. Common Stock to the Capital Markets industry mean.
  • A PE ratio of -9.92 means the investor is paying $-9.92 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Hut 8 Corp. Common Stock:

  • The EOD is -56.136. Based on the earnings, the company is expensive. -2
  • The MRQ is -9.915. Based on the earnings, the company is expensive. -2
  • The TTM is -5.028. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-56.136MRQ-9.915-46.220
MRQ-9.915TTM-5.028-4.887
TTM-5.028YOY-0.582-4.446
TTM-5.0285Y-2.192-2.836
5Y-2.19210Y-1.830-0.362
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
EOD-56.1367.690-63.826
MRQ-9.9157.099-17.014
TTM-5.0286.434-11.462
YOY-0.5829.106-9.688
5Y-2.19210.214-12.406
10Y-1.83011.445-13.275
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Hut 8 Corp. Common Stock:

  • The EOD is 122.892. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 21.706. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is -6.829. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD122.892MRQ21.706+101.185
MRQ21.706TTM-6.829+28.536
TTM-6.829YOY-2.188-4.641
TTM-6.8295Y-15.175+8.345
5Y-15.17510Y-7.708-7.467
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
EOD122.892-0.539+123.431
MRQ21.706-0.524+22.230
TTM-6.829-0.185-6.644
YOY-2.1880.028-2.216
5Y-15.175-0.489-14.686
10Y-7.708-0.228-7.480
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Hut 8 Corp. Common Stock is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Capital Markets industry mean).
  • A PB ratio of 10.11 means the investor is paying $10.11 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Hut 8 Corp. Common Stock:

  • The EOD is 57.239. Based on the equity, the company is expensive. -2
  • The MRQ is 10.110. Based on the equity, the company is expensive. -2
  • The TTM is 3.538. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD57.239MRQ10.110+47.129
MRQ10.110TTM3.538+6.572
TTM3.538YOY1.557+1.981
TTM3.5385Y2.718+0.820
5Y2.71810Y1.499+1.219
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
EOD57.2391.028+56.211
MRQ10.1100.968+9.142
TTM3.5380.953+2.585
YOY1.5571.153+0.404
5Y2.7181.296+1.422
10Y1.4991.459+0.040
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Hut 8 Corp. Common Stock.

3.1. Institutions holding Hut 8 Corp. Common Stock

Institutions are holding 10.628% of the shares of Hut 8 Corp. Common Stock.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-09-30Citadel Advisors Llc1.10340.001244650022531401165.2565
2023-09-30JANE STREET GROUP, LLC0.0308068183-214214-75.8556
2023-09-30Golden Green, Inc.0.00680.030115000150000
2023-12-31IFP Advisors, LLC0.00630.006913950300027.3973
2023-12-31Your Advocates Ltd., LLP0.00090.01072000-8000-80
2023-09-30Sutton Wealth Advisors Inc0.00060.0012123600
2023-12-31Rhumbline Advisers0018-72-80
2023-12-31Huntington National Bank001-2070-99.9517
2023-12-31Goldman Sachs Group Inc000-669746-100
2023-12-31State Street Corporation000-6974513-100
2023-12-31CI Investments Inc000-12932-100
2023-12-31Wells Fargo & Co000-1000-100
2023-12-31Mackenzie Investments000-91752-100
2023-12-31SG Americas Securities, LLC000-23864-100
2023-12-31Stifel Financial Corp000-13400-100
2023-12-31State Of Wisconsin Investment Board000-13264-100
2023-12-31Quantlab Capital Management Ltd000-30768-100
2023-09-30Millennium Management LLC000-150262-100
2023-12-31Amvescap Plc.000-110440-100
2023-12-31First Trust Advisors L.P.000-491258-100
Total 1.14880.04992546888-6536415-256.6%

3.2. Funds holding Hut 8 Corp. Common Stock

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-09-30Sygnia Itrix 4th IR Global Equity ETF0.19210.8353426023-9994-2.2921
2023-05-31State St Gbl AllCp Eq ex-US Idx SL Cl I0.10530.00192335632335630
2023-06-30Sygnia 4th Industrial Revolution Gl Eq B0.10070.4366223392125405127.9813
2023-07-03FT Skybridge Digital Innovation 5 CA0.09297.2492205941-16506-7.4202
2023-09-11FT FTP Skybridge Digital Innovation 6 CA0.06623.139814671873385.2647
2023-09-11FT Skybridge Digital Innovation 6 CA0.06613.138414665173315.262
2023-06-30TD Canadian Index - I0.04320.029580000
2023-08-17MUAM Fintech stock index mother fund0.0422.127193065930650
2023-11-30Gestión Boutique VI Opportunity FI0.02482.40475500000
2023-09-30Undrly L&G Pen PMC Multi Asset0.01450.000232068320680
2023-09-30Vitruvius European Equity B EUR0.0090.06512000000
2023-11-30Undrly L&G Pen PMC Diversified0.00710.000215738157380
2023-11-30Pictet CH I-Wld ex Swiss SmCpTrkr Pen ZX0.00540.00771197600
2023-07-31Superfund Black Blockchain Fund CHF0.00371.6289819681960
2023-09-30LUX IM ESG New Industrial Trends DXL0.0020.0371434200
2023-10-31BlackRock MSCI ACWI ex-US IMI Idx NL R0.0010.00182220713.3039
2023-08-31RBC Vision Women's Ldrsp MSCI Cnd ETF0.00050.0256112616717.414
2023-06-20SMDS Innovation Index Fintech0.00030.02685795790
2023-11-30BMO MSCI Innovation ETF0.00020.0137200
2023-11-30BMO MSCI Fintech Innovation ETF0.00010.027130000
Total 0.777121.18351723070+497021+28.8%

3.3. Insider Transactions

Insiders are holding 57.383% of the shares of Hut 8 Corp. Common Stock.

DateOwnerTypeAmountPricePost Transaction AmountLink
2024-01-12Jaime LevertonSELL3576110.1

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Hut 8 Corp. Common Stock compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---1.375-0.420-69%-0.274-80%-0.054-96%0.005-29203%
Book Value Per Share--0.1931.116-83%2.424-92%1.238-84%0.714-73%
Current Ratio--1.99117.555-89%14.566-86%10.743-81%6.662-70%
Debt To Asset Ratio--0.8700.323+170%0.145+498%0.291+199%0.345+152%
Debt To Equity Ratio--6.6851.793+273%0.173+3763%0.765+774%1.442+364%
Dividend Per Share----0%-0%-0%-0%
Eps---0.049-0.125+153%-0.278+466%-0.120+144%-0.066+34%
Free Cash Flow Per Share--0.0220.039-43%-0.448+2096%-0.110+590%-0.085+481%
Free Cash Flow To Equity Per Share---0.1470.049-402%-0.270+84%0.073-303%0.028-634%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---1.409--------
Intrinsic Value_10Y_min---5.333--------
Intrinsic Value_1Y_max---0.313--------
Intrinsic Value_1Y_min---0.719--------
Intrinsic Value_3Y_max---0.810--------
Intrinsic Value_3Y_min---2.013--------
Intrinsic Value_5Y_max---1.149--------
Intrinsic Value_5Y_min---3.136--------
Market Cap982151520.000+82%173477850.000378887944.163-54%661597506.633-74%400003665.731-57%215627294.186-20%
Net Profit Margin---0.197-2.769+1308%-0.938+377%-1.111+465%-0.596+203%
Operating Margin--0.0960.840-89%-0.138+244%-0.062+165%-0.069+172%
Operating Ratio--0.9982.067-52%1.202-17%1.462-32%0.844+18%
Pb Ratio57.239+82%10.1103.538+186%1.557+550%2.718+272%1.499+574%
Pe Ratio-56.136-466%-9.915-5.028-49%-0.582-94%-2.192-78%-1.830-82%
Price Per Share11.040+82%1.9501.988-2%4.120-53%2.786-30%1.569+24%
Price To Free Cash Flow Ratio122.892+82%21.706-6.829+131%-2.188+110%-15.175+170%-7.708+136%
Price To Total Gains Ratio-8.030-466%-1.41815.222-109%26.298-105%-53.490+3671%-48.089+3291%
Quick Ratio--1.3931.364+2%3.248-57%2.548-45%2.473-44%
Return On Assets---0.033-0.233+601%-0.096+190%-0.157+375%-0.125+278%
Return On Equity---0.255-0.323+27%-0.115-55%-0.340+33%-0.427+68%
Total Gains Per Share---1.375-0.420-69%-0.274-80%-0.054-96%0.005-29203%
Usd Book Value--17158735.200243439555.650-93%408754042.321-96%195496593.137-91%106175950.529-84%
Usd Book Value Change Per Share---1.375-0.420-69%-0.274-80%-0.054-96%0.005-29203%
Usd Book Value Per Share--0.1931.116-83%2.424-92%1.238-84%0.714-73%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.049-0.125+153%-0.278+466%-0.120+144%-0.066+34%
Usd Free Cash Flow--1998000.0007828750.000-74%-75267305.000+3867%-17630311.350+982%-11521197.175+677%
Usd Free Cash Flow Per Share--0.0220.039-43%-0.448+2096%-0.110+590%-0.085+481%
Usd Free Cash Flow To Equity Per Share---0.1470.049-402%-0.270+84%0.073-303%0.028-634%
Usd Market Cap982151520.000+82%173477850.000378887944.163-54%661597506.633-74%400003665.731-57%215627294.186-20%
Usd Price Per Share11.040+82%1.9501.988-2%4.120-53%2.786-30%1.569+24%
Usd Profit---4374000.000-63910500.000+1361%-42771122.000+878%-24090885.000+451%-12561892.700+187%
Usd Revenue--22236000.00020568250.000+8%46687611.250-52%26056187.350-15%13939199.175+60%
Usd Total Gains Per Share---1.375-0.420-69%-0.274-80%-0.054-96%0.005-29203%
 EOD+4 -4MRQTTM+11 -22YOY+14 -195Y+14 -1910Y+14 -19

4.2. Fundamental Score

Let's check the fundamental score of Hut 8 Corp. Common Stock based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-56.136
Price to Book Ratio (EOD)Between0-157.239
Net Profit Margin (MRQ)Greater than0-0.197
Operating Margin (MRQ)Greater than00.096
Quick Ratio (MRQ)Greater than11.393
Current Ratio (MRQ)Greater than11.991
Debt to Asset Ratio (MRQ)Less than10.870
Debt to Equity Ratio (MRQ)Less than16.685
Return on Equity (MRQ)Greater than0.15-0.255
Return on Assets (MRQ)Greater than0.05-0.033
Total4/10 (40.0%)

4.3. Technical Score

Let's check the technical score of Hut 8 Corp. Common Stock based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5067.970
Ma 20Greater thanMa 508.387
Ma 50Greater thanMa 1008.195
Ma 100Greater thanMa 2009.660
OpenGreater thanClose10.020
Total2/5 (40.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Gross Profit  -13,940-9,701-23,64117,434-6,2071,556-4,65115,09210,441



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in CAD. All numbers in thousands.

Summary
Total Assets179,082
Total Liabilities155,778
Total Stockholder Equity23,304
 As reported
Total Liabilities 155,778
Total Stockholder Equity+ 23,304
Total Assets = 179,082

Assets

Total Assets179,082
Total Current Assets22,448
Long-term Assets156,634
Total Current Assets
Cash And Cash Equivalents 12,744
Short-term Investments 1,253
Net Receivables 461
Total Current Assets  (as reported)22,448
Total Current Assets  (calculated)14,458
+/- 7,990
Long-term Assets
Property Plant Equipment 66,694
Long Term Investments 84,308
Long-term Assets Other 254
Long-term Assets  (as reported)156,634
Long-term Assets  (calculated)151,256
+/- 5,378

Liabilities & Shareholders' Equity

Total Current Liabilities11,277
Long-term Liabilities144,501
Total Stockholder Equity23,304
Total Current Liabilities
Short-term Debt 1,389
Short Long Term Debt 985
Accounts payable 4,311
Other Current Liabilities 4,225
Total Current Liabilities  (as reported)11,277
Total Current Liabilities  (calculated)10,910
+/- 367
Long-term Liabilities
Long term Debt 140,847
Capital Lease Obligations 1,242
Long-term Liabilities Other 1,650
Long-term Liabilities  (as reported)144,501
Long-term Liabilities  (calculated)143,739
+/- 762
Total Stockholder Equity
Other Stockholders Equity 35,673
Total Stockholder Equity (as reported)23,304
Total Stockholder Equity (calculated)35,673
+/- 12,369
Other
Capital Stock98,503
Cash and Short Term Investments 13,997
Common Stock Shares Outstanding 88,500
Current Deferred Revenue1,352
Liabilities and Stockholders Equity 179,082
Net Debt 130,330
Net Invested Capital 66,633
Net Working Capital 11,171
Property Plant and Equipment Gross 85,684
Short Long Term Debt Total 143,074



Balance Sheet

Currency in CAD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-31
> Total Assets 
0
0
500
500
642
620
608
595
567
556
548
535
467
449
411
392
374
346
336
327
305
298
292
284
263
164,401
165,725
184,353
82,895
76,731
106,561
96,203
71,237
64,574
72,008
72,210
145,202
339,804
362,658
651,207
720,709
753,443
572,868
561,918
412,937
541,453
557,549
179,082
179,082557,549541,453412,937561,918572,868753,443720,709651,207362,658339,804145,20272,21072,00864,57471,23796,203106,56176,73182,895184,353165,725164,40126328429229830532733634637439241144946753554855656759560862064250050000
   > Total Current Assets 
0
0
462
407
642
620
608
595
567
556
548
535
467
449
411
392
374
346
336
327
305
298
292
284
263
32,073
28,415
33,935
3,636
3,269
13,232
13,122
14,695
10,560
46,537
46,504
105,321
284,828
265,428
490,827
468,079
453,679
254,966
265,923
245,623
368,340
403,297
22,448
22,448403,297368,340245,623265,923254,966453,679468,079490,827265,428284,828105,32146,50446,53710,56014,69513,12213,2323,2693,63633,93528,41532,07326328429229830532733634637439241144946753554855656759560862064240746200
       Cash And Cash Equivalents 
0
0
462
407
637
612
598
582
562
550
540
508
430
411
396
375
369
339
329
325
302
293
286
281
260
23,664
9,825
7,400
3,557
3,133
6,045
3,183
2,946
1,026
8,677
2,260
2,816
39,840
92,681
223,225
140,127
78,524
60,132
33,021
30,515
15,904
26,687
12,744
12,74426,68715,90430,51533,02160,13278,524140,127223,22592,68139,8402,8162,2608,6771,0262,9463,1836,0453,1333,5577,4009,82523,66426028128629330232532933936937539641143050854055056258259861263740746200
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,693
751
1,004
851
1,253
1,2538511,0047511,6930000000000000000000000000000000000000000000
       Net Receivables 
0
0
0
0
5
8
10
12
4
6
8
2
12
38
14
15
3
6
7
1
3
5
5
1
3
4
0
1
0
0
1,702
557
943
109
166
67
451
75,198
938
96
647
3,743
2,927
1,853
1,589
162
2,116
461
4612,1161621,5891,8532,9273,7436479693875,198451671661099435571,702001043155317631514381228641210850000
       Other Current Assets 
0
0
0
0
0
0
0
2
0
0
0
25
25
0
0
1
1
1
0
0
0
0
0
3
0
8,004
14,027
26,480
80
136
5,364
9,277
10,484
1,401
12,386
14,119
75,505
169,791
86,859
111,588
323,946
367,600
188,812
223,420
203,627
352,436
334,764
341,660
341,660334,764352,436203,627223,420188,812367,600323,946111,58886,859169,79175,50514,11912,3861,40110,4849,2775,3641368026,48014,0278,004030000011100252500020000000
   > Long-term Assets 
0
0
38
93
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
132,328
137,309
150,419
79,259
73,462
93,329
83,081
56,542
54,014
25,471
25,706
39,882
54,977
97,230
160,380
252,629
299,764
317,902
295,995
167,314
173,113
154,252
156,634
156,634154,252173,113167,314295,995317,902299,764252,629160,38097,23054,97739,88225,70625,47154,01456,54283,08193,32973,46279,259150,419137,309132,328000000000000000000000933800
       Property Plant Equipment 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
52,328
105,309
144,850
58,127
53,395
48,662
43,930
34,382
29,223
20,436
20,681
33,324
48,127
75,388
127,975
233,140
232,017
267,174
253,366
124,959
67,014
113,258
66,694
66,694113,25867,014124,959253,366267,174232,017233,140127,97575,38848,12733,32420,68120,43629,22334,38243,93048,66253,39558,127144,850105,30952,3280000000000000000000000000
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,150
3,150
3,150
11,543
0
0
0
00011,5433,1503,1503,15000000000000000000000000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
100,169
97,475
93,583
84,308
84,30893,58397,475100,16900000000000000000000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,023
0
0
381
381
381
381
625
614
604
593
604
597
590
1,589
0
10,771
10,428
10,084
3,592
0
0
0
0003,59210,08410,42810,77101,589590597604593604614625381381381381007,0230000000000000000000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,567
4,573
0
25,303
63,252
107,263
156,503
136,833
109,531
75,396
27,220
0
0
0
00027,22075,396109,531136,833156,503107,26363,25225,30304,5734,5670000000000000000000000000000000000
> Total Liabilities 
0
0
-500
-500
3
6
22
124
110
116
187
184
132
127
131
141
152
129
162
164
152
155
224
227
253
12,744
16,793
31,105
50,236
44,147
39,621
30,197
28,535
31,285
30,163
31,097
29,647
22,999
14,317
21,890
154,741
102,886
63,585
67,141
55,547
70,811
86,383
155,778
155,77886,38370,81155,54767,14163,585102,886154,74121,89014,31722,99929,64731,09730,16331,28528,53530,19739,62144,14750,23631,10516,79312,7442532272241551521641621291521411311271321841871161101242263-500-50000
   > Total Current Liabilities 
0
0
0
0
3
6
22
124
110
116
187
184
132
127
131
141
152
129
162
164
152
155
224
227
253
12,744
16,793
17,322
21,940
17,115
13,967
7,714
8,728
10,004
30,163
31,097
29,647
8,611
14,317
21,890
26,064
22,543
24,026
27,796
30,133
6,934
57,983
11,277
11,27757,9836,93430,13327,79624,02622,54326,06421,89014,3178,61129,64731,09730,16310,0048,7287,71413,96717,11521,94017,32216,79312,74425322722415515216416212915214113112713218418711611012422630000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,070
4,009
3,926
3,973
6,232
7,420
27,583
27,006
25,757
1,301
6,094
10,335
16,494
13,906
11,846
15,452
16,217
0
35,702
1,389
1,38935,702016,21715,45211,84613,90616,49410,3356,0941,30125,75727,00627,5837,4206,2323,9733,9264,0094,0700000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,420
27,256
26,678
25,464
1,003
5,792
9,626
16,494
12,516
10,423
11,532
11,892
0
31,692
985
98531,692011,89211,53210,42312,51616,4949,6265,7921,00325,46426,67827,2567,420000000000000000000000000000000000
       Accounts payable 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12,744
0
0
16,869
12,070
8,684
2,074
564
2,079
2,064
3,575
3,726
6,039
6,882
9,597
7,067
8,637
12,180
12,344
5,959
3,219
3,605
4,311
4,3113,6053,2195,95912,34412,1808,6377,0679,5976,8826,0393,7263,5752,0642,0795642,0748,68412,07016,8690012,7440000000000000000000000000
       Other Current Liabilities 
0
0
0
0
3
6
22
124
110
116
187
184
132
127
131
141
152
129
162
164
152
155
224
227
253
0
16,793
17,322
1,001
1,036
1,357
1,666
1,933
505
517
515
164
1,271
1,340
1,958
2,502
8,637
12,180
12,344
7,957
601
22,281
4,225
4,22522,2816017,95712,34412,1808,6372,5021,9581,3401,2711645155175051,9331,6661,3571,0361,00117,32216,793025322722415515216416212915214113112713218418711611012422630000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12,744
0
13,783
28,296
27,031
25,654
22,483
19,807
21,281
29,647
0
29,483
14,388
12,977
19,932
128,677
80,343
39,559
39,345
31,414
158,345
28,400
144,501
144,50128,400158,34531,41439,34539,55980,343128,67719,93212,97714,38829,483029,64721,28119,80722,48325,65427,03128,29613,783012,7440000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
14,388
0
0
104,477
50,770
1,600
4,518
212
0
0
0
0002124,5181,60050,770104,4770014,3880000000000000000000000000000000000000
> Total Stockholder Equity
0
0
500
500
640
614
586
472
456
440
361
351
335
322
279
251
222
217
174
162
153
142
68
57
10
151,657
148,932
153,248
32,659
32,584
66,941
66,006
42,702
33,289
41,845
41,113
115,555
316,806
348,341
629,317
565,967
650,557
509,283
494,777
357,390
470,642
471,166
23,304
23,304471,166470,642357,390494,777509,283650,557565,967629,317348,341316,806115,55541,11341,84533,28942,70266,00666,94132,58432,659153,248148,932151,65710576814215316217421722225127932233535136144045647258661464050050000
   Common Stock
0
0
500
0
658
658
658
658
658
658
658
658
658
658
658
658
658
658
658
658
658
658
658
658
658
153,148
154,662
163,672
162,733
168,790
169,232
169,370
170,623
170,677
177,158
177,159
178,231
258,702
349,406
560,396
636,597
670,019
714,461
725,648
767,641
0
773,587
0
0773,5870767,641725,648714,461670,019636,597560,396349,406258,702178,231177,159177,158170,677170,623169,370169,232168,790162,733163,672154,662153,148658658658658658658658658658658658658658658658658658658658658658050000
   Retained Earnings Total Equity000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
97
97
97
97
97
97
97
97
97
97
97
97
97
97
97
97
97
97
97
97
97
125
1,266
2,379
4,062
-51,905
5,405
6,075
-80,152
-85,311
-94,098
-97,633
45,681
112,507
48,215
92,356
103,540
98,591
0
0
0
0
22,465
0
022,465000098,591103,54092,35648,215112,50745,681-97,633-94,098-85,311-80,1526,0755,405-51,9054,0622,3791,2661259797979797979797979797979797979797979797970000
   Capital Surplus 000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
500
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,105
1,663
7,299
2,535
6,531
1,368
1,368
6,668
5,592
6,665
6,833
0
25,621
51,175
53,646
14,089
14,499
15,441
13,534
20,822
0
14,397
35,673
35,67314,397020,82213,53415,44114,49914,08953,64651,17525,62106,8336,6655,5926,6681,3681,3686,5312,5357,2991,6632,105000000000000000000000500000



Balance Sheet

Currency in CAD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue73,896
Cost of Revenue-36,505
Gross Profit37,39137,391
 
Operating Income (+$)
Gross Profit37,391
Operating Expense-81,843
Operating Income-7,947-44,452
 
Operating Expense (+$)
Research Development-
Selling General Administrative27,827
Selling And Marketing Expenses-
Operating Expense81,84327,827
 
Net Interest Income (+$)
Interest Income-
Interest Expense-29,642
Other Finance Cost-0
Net Interest Income-29,642
 
Pretax Income (+$)
Operating Income-7,947
Net Interest Income-29,642
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-70,87725,341
EBIT - interestExpense = -29,642
-69,425
-39,783
Interest Expense29,642
Earnings Before Interest and Taxes (EBIT)--41,235
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-70,877
Tax Provision--1,452
Net Income From Continuing Ops-69,425-69,425
Net Income-69,425
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-33,28829,642
 

Technical Analysis of Hut 8 Corp. Common Stock
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Hut 8 Corp. Common Stock. The general trend of Hut 8 Corp. Common Stock is NEUTRAL with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Hut 8 Corp. Common Stock's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (0.0%) Bearish trend (0.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Hut 8 Corp. Common Stock.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 13.60 < 18.42 < 22.75.

The bearish price targets are: 10.94 > 6.77 > 6.4.

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Hut 8 Corp. Common Stock Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Hut 8 Corp. Common Stock. The current mas is .

The long score for the Moving Averages is 7/14.
The longshort score for the Moving Averages is 0/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Hut 8 Corp. Common Stock Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Hut 8 Corp. Common Stock. The current macd is 0.40972215.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Hut 8 Corp. Common Stock price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Hut 8 Corp. Common Stock. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Hut 8 Corp. Common Stock price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Hut 8 Corp. Common Stock Daily Moving Average Convergence/Divergence (MACD) ChartHut 8 Corp. Common Stock Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Hut 8 Corp. Common Stock. The current adx is 20.18.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Hut 8 Corp. Common Stock shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Hut 8 Corp. Common Stock Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Hut 8 Corp. Common Stock. The current sar is 7.90869164.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Hut 8 Corp. Common Stock Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Hut 8 Corp. Common Stock. The current rsi is 67.97. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
Hut 8 Corp. Common Stock Daily Relative Strength Index (RSI) ChartHut 8 Corp. Common Stock Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Hut 8 Corp. Common Stock. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Hut 8 Corp. Common Stock price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Hut 8 Corp. Common Stock Daily Stochastic Oscillator ChartHut 8 Corp. Common Stock Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Hut 8 Corp. Common Stock. The current cci is 211.77.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Hut 8 Corp. Common Stock Daily Commodity Channel Index (CCI) ChartHut 8 Corp. Common Stock Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Hut 8 Corp. Common Stock. The current cmo is 54.05.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Hut 8 Corp. Common Stock Daily Chande Momentum Oscillator (CMO) ChartHut 8 Corp. Common Stock Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Hut 8 Corp. Common Stock. The current willr is -20.70566388.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Hut 8 Corp. Common Stock is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Hut 8 Corp. Common Stock Daily Williams %R ChartHut 8 Corp. Common Stock Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Hut 8 Corp. Common Stock.

Hut 8 Corp. Common Stock Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Hut 8 Corp. Common Stock. The current atr is 0.93395913.

Hut 8 Corp. Common Stock Daily Average True Range (ATR) ChartHut 8 Corp. Common Stock Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Hut 8 Corp. Common Stock. The current obv is -20,498,943.

Hut 8 Corp. Common Stock Daily On-Balance Volume (OBV) ChartHut 8 Corp. Common Stock Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Hut 8 Corp. Common Stock. The current mfi is 76.13.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Hut 8 Corp. Common Stock Daily Money Flow Index (MFI) ChartHut 8 Corp. Common Stock Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Hut 8 Corp. Common Stock.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-07STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-06CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-22ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-27ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-28RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-29ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-02CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-03SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-09WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-18BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-25RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-20WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-26BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Hut 8 Corp. Common Stock Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Hut 8 Corp. Common Stock based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5067.970
Ma 20Greater thanMa 508.387
Ma 50Greater thanMa 1008.195
Ma 100Greater thanMa 2009.660
OpenGreater thanClose10.020
Total2/5 (40.0%)
Penke

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