HUT Technical Signal Analysis
HUT have 0 buy signal and 4 sell signals now. The current trend is uptrend starting from 2025-02-12. The total price change during this trend is -42.32%. Recently, the price has decreased with an increase in volume, indicating a strong bearish signal. The average turnover of HUT over last 5 trading day is $40,523,171.86
0 Bullish Signal
4 Bearish Signal
Name
Signal
Value
Meaning
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-2.18
Bearish
Momentum (10 days)
MOM_10 < 0
-0.9
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-1.3
Bearish
Closing price
close < fibonacci_S1
11.72
Bearish
0 Bullish Signal
Name
Signal
Value
Meaning
HUT Support and Resistance Level
The support levels for HUT are at 11.93, 11.38, and 10.48, while the resistance levels are at 13.74, 14.29, and 15.2. With the current stock price at 11.72, it is leaning more toward the support levels.
HUT Technical Analysis
Technical Analysis of HUT Stock
Price Overview:
- Current Price: $12.55
- Close Price (2025-03-14): $12.62
- Volume: 4,043,056
Technical Indicators:
- RSI (14): 32.29 (Oversold)
- MACD: -2.33 (Bearish Signal)
- Fibonacci Levels:
- Pivot Point: $13.81
- Resistance Levels: $16.27, $17.80
- Support Levels: $11.35, $9.82
Bollinger Bands (20, 3):
- The stock is currently near the lower band, indicating potential oversold conditions.
News Sentiment:
- Recent news indicates a decline in crypto-related stocks, including HUT, due to Bitcoin's drop below $80K and negative analyst predictions. However, Rosenblatt initiated coverage with a Buy rating and a $23 price target, suggesting potential upside.
Recommendation:
- Buy: The stock is oversold, with potential for a short-term rebound.
- Target Price: $16.27 (First Fibonacci Resistance Level).
- Stop Loss: $11.35 (First Fibonacci Support Level).
Disclaimer: This analysis does not constitute financial advice and should not be considered as a recommendation to buy or sell HUT stock. Always do your own research or consult with a financial advisor before making investment decisions.
HUT FAQs
Which bearish technical signals does HUT have?
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Is HUT a buy based on overall technical signals summary?
HUT Buy or Sell
HUT has 0 buy signals and 4 sell signals now. Overall the technical rating for HUT is Strong sell.
Strong sell
Sell
4
Buy
0
HUT Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 11.72 below the SMA_5. In the short term, the stock shows a positive trend with the 12.94 above the SMA_20. In the mid term, the stock shows a negative trend with the 12.91 below the SMA_60. In the long term, the stock shows a positive trend with the 18.61 above the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Positive
SMA_5 Above SMA_20
Mid Term
Negative
SMA_20 Below SMA_60
Long Term
Positive
SMA_60 Above SMA_200
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What do technical indicators suggest about HUT's current trend?What are HUT's key support and resistance levels?