Hut 8's 15min chart shows MACD Death Cross, narrowing Bollinger Bands.

Hut 8's 15-minute chart has exhibited a MACD Death Cross and Bollinger Bands Narrowing at 09/29/2025 14:15. This suggests that the stock price has the potential to continue its downward trajectory, with a diminishing magnitude of price fluctuations.

Hut 8 Mining Inc. (Nasdaq: HUT), a major Bitcoin mining company, has seen its stock price exhibit concerning technical indicators, suggesting a potential continuation of its downward trajectory. On September 29, 2025, at 14:15, the 15-minute chart of Hut 8's stock displayed a MACD (Moving Average Convergence Divergence) Death Cross and narrowing Bollinger Bands Jim Cramer sends harsh warning on Eric Trump-backed stock^[1].

The MACD Death Cross, a bearish signal, occurs when the MACD line crosses below the signal line. This indicates a potential change in the stock's trend from bullish to bearish. The narrowing Bollinger Bands suggest that the price volatility is diminishing, which could imply that the downward movement is becoming more stable and less erratic.

These technical indicators align with the broader market trends, particularly the recent decline in Bitcoin prices. Bitcoin has fallen more than 5% over the last week and was trading at $109,439.91 at the time of writing, as per Kraken's price feed Jim Cramer sends harsh warning on Eric Trump-backed stock^[1].

In light of these technical signals, investors should exercise caution when considering Hut 8's stock. The company's performance may continue to be influenced by the broader crypto market trends, including the recent volatility and declining prices of Bitcoin and other cryptocurrencies.