Taking everything into account, BSET scores 10 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, BSET is showing a nice and steady performance.
BSET has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 17.28. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
13.71
We found 4 important support areas.
- A support zone ranging from 15.55 to 15.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 14.79 to 15.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.26 from a horizontal line in the daily time frame.
- Support @13.85 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 17.28 to 17.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 18.70 to 18.70. This zone is formed by a combination of multiple trend lines in the weekly 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 | UP | POSITIVE | The short term trend for BSET is up. |
| ChartMill Relative Strength | 80.26 | POSITIVE | BSET has a high relative strength, it outperformed 80.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BSET is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BSET is above 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) | 63.07 | NEUTRAL | The RSI value for BSET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests BSET has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.76 | OVERBOUGHT | The high Stochastics value suggests BSET may be overbought. |
| Average True Range in percent/ATR (20) | 3.39 | MEDIUM VOLATILITY | The ATR as a percentage value for BSET suggests some volalility. |
| Average Directional Index/ADX (14) | 33.53 | POSITIVE | The high ADX value value for BSET suggests a strong trend. |
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 |
|---|---|---|---|
| 17.81 | 16.04 | 1.78 (9.97%) | 10.03% |
| An entry @17.81. This is a Buy Stop order right above the resistance zone. | An exit @16.04. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.78 points, which is 9.97%. | When investing 10.03% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
NASDAQ:BSET (12/24/2025, 8:16:22 PM)
17.22
-0.22 (-1.26%)
BASSETT FURNITURE INDS / BSET FAQ
What is the ChartMill technical rating of BASSETT FURNITURE INDS (BSET) stock?
ChartMill assigns a technical rating of 10 / 10 to BSET.
Can you provide the trend direction for BASSETT FURNITURE INDS?
The current trend direction for BASSETT FURNITURE INDS (BSET) is Bullish.
What is the RSI signal for BSET stock?
BASSETT FURNITURE INDS (BSET) has an RSI value of 63.071. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for BASSETT FURNITURE INDS?
The buy/sell signal for BASSETT FURNITURE INDS (BSET) is buy as both the short term and long term trends are positive.
What is the support and resistance level for BSET stock?
BASSETT FURNITURE INDS (BSET) has a support level at 15.59 and a resistance level at 17.28. Check the full technical report for our detailed analysis of BSET support and resistance levels.