BASSETT FURNITURE INDS (BSET)

US0702031040 - Common Stock

14.18  -0.22 (-1.53%)

Technical Rating and Analysis

2

Taking everything into account, BSET scores 2 out of 10 in our technical rating. In the past year, BSET was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

When comparing the yearly performance of all stocks, BSET is a bad performer in the overall market: 72% of all stocks are doing better.
BSET is one of the lesser performing stocks in the Household Durables industry. 65% of 67 stocks in the same industry do better.
BSET is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: BSET has an average volume of 15141 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month BSET has a been trading in the 13.02 - 14.64 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
BSET Weekly chart
BSET Daily chart
Setup Rating and Analysis

8

BSET has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 14.19. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for BSET in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

12.88

17.78

We found 1 important support area.

  • A support zone ranging from 13.01 to 13.10. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 5 important areas.

  • A resistance zone ranging from 14.19 to 14.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 14.91 to 15.12. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 15.98 to 16.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @16.80 from a trend line in the weekly time frame.
  • A resistance zone ranging from 17.43 to 17.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.57
Mansfield-1.7
10 Day High14.64
10 Day Low13.12
20 Day High14.64
20 Day Low13.02
52 Week High17.89
52 Week Low13.02
Performance
1 Week1.43%
2 Weeks5.82%
1 Month2.38%
3 Month-6.59%
6 Month-9.04%
12 Month1.29%
2 Year-12.9%
3 Year-53.19%
5 Year-3.47%
10 Year4.5%
15 Year568.87%
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)
Technical Indicators
MACD(12,26,9)0.15
RSI(14)53.39
LBB12.79
UBB14.56
BSET Daily chart

BASSETT FURNITURE INDS

NASDAQ:BSET (5/7/2024, 3:30:02 PM)

14.18

-0.22 (-1.53%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-1.53%
1 Week1.43%
2 Weeks5.82%
1 Month2.38%
3 Month-6.59%
6 Month-9.04%
12 Month1.29%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.46
ATR(20)%3.24%
ATR Inc
Range Today0.44
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High14.64
10 Day Low13.12
20 Day High14.64
20 Day Low13.02
52 Week High17.89
52 Week Low13.02
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume13.47K
Volume Incr44.5%
Vol(5)21.65K
Vol(50)15.14K