BASSETT FURNITURE INDS (BSET) Stock Technical Analysis
NASDAQ:BSET - Nasdaq - US0702031040 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to BSET. In the last year, BSET was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month BSET has a been trading in the 15.88 - 18.87 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: BSET has an average volume of 25872 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
BSET is one of the better performing stocks in the Household Durables industry, it outperforms 77% of 64 stocks in the same industry.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the performance of all stocks over the past year, BSET turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
BSET is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BSET is lagging the market slightly.
BSET has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
13.49
18.99
When analyzing the support we can see 4 important areas.
- Support @15.50 from a trend line in the daily time frame.
- A support zone ranging from 14.93 to 15.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.30 from a trend line in the daily time frame.
- A support zone ranging from 13.63 to 13.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 16.56 to 16.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.67 from a horizontal line in the daily time frame.
- Resistance @18.80 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 BSET is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BSET is down. |
| ChartMill Relative Strength | 62.43 | NEUTRAL | BSET is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BSET is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BSET is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BSET is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.4 | NEUTRAL | The RSI value for BSET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests BSET has a negative trend. |
| Stochastics (14,3) | 9.19 | OVERSOLD | The low Stochastics value suggests BSET may be oversold. |
| Average True Range in percent/ATR (20) | 4.52 | MEDIUM VOLATILITY | The ATR as a percentage value for BSET suggests some volalility. |
| Average Directional Index/ADX (14) | 15.46 | NEGATIVE | The low ADX value for BSET suggests a weak or negative trend. |
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)
NASDAQ:BSET (5/27/2025, 8:04:53 PM)
15.93
-0.56 (-3.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-3.4%
1 Week-6.07%
2 Weeks-8.03%
1 Month-9.13%
3 Month0.82%
6 Month4.6%
12 Month6.13%
2 Year17.91%
3 Year-2.15%
5 Year148.91%
10 Year-43.83%
15 Year198.87%
Volatility
ATR(14)0.73
ATR(20)%4.52%
ATR Inc7.14%
Range Today0.82
ADR(20)0.72
ADR(20)%4.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.43
Mansfield0.37
10 Day High18.09
10 Day Low15.88
20 Day High18.87
20 Day Low15.88
52 Week High19.67
52 Week Low12.11
CS1 End15.5
CR1 Start16.56
Volume & EV
DER(3)-1.26%
DER(5)-0.36%
Volume28.10K
Volume Incr-34.9%
Vol(5)17.82K
Vol(50)25.87K