HOOKER FURNISHINGS CORP (HOFT) Technical Analysis
NASDAQ:HOFT • US4390381006
Current stock price
HOFT Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to HOFT. HOFT has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- HOFT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- HOFT is part of the Household Durables industry. There are 60 other stocks in this industry. HOFT outperforms 86% of them.
- 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.
- Looking at the yearly performance, HOFT did better than 75% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- HOFT 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 HOFT is lagging the market slightly.
HOFT Weekly and Daily overview Charts
HOFT Setup Rating and Analysis
HOFT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 12.81, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HOFT 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.
More info and screens
HOFT Support and Resistance Analysis
8.87
2 important support areas can be observed.
- A support zone ranging from 12.64 to 12.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.96 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 12.83 to 12.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 13.08 to 13.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.23 from a trend line in the weekly time frame.
HOFT Technical Indicator Signal Analysis
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 HOFT is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HOFT is down. |
| ChartMill Relative Strength | 75.33 | POSITIVE | HOFT has a high relative strength, it outperformed 75.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HOFT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HOFT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HOFT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.5 | NEUTRAL | The RSI value for HOFT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests HOFT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.91 | NEUTRAL | The Stochastics value for HOFT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.52 | HIGH VOLATILITY | The high ATR as a percentage value for HOFT suggests high volalility. |
| Average Directional Index/ADX (14) | 23.57 | NEUTRAL | The ADX value for HOFT suggests a possible start of a new trend. |
HOFT Chart- and CandleStick Pattern Analysis
HOFT Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:HOFT (3/16/2026, 8:00:02 PM)
12.82
-0.25 (-1.91%)
HOOKER FURNISHINGS CORP / HOFT TA FAQ
What is the technical rating for HOFT stock?
ChartMill assigns a technical rating of 4 / 10 to HOFT.
Can you provide the trend direction for HOOKER FURNISHINGS CORP?
The current trend direction for HOOKER FURNISHINGS CORP (HOFT) is Bullish.
What is the RSI signal for HOFT stock?
HOOKER FURNISHINGS CORP (HOFT) has an RSI value of 40.5029. This indicates that the stock is currently neutral.
What is the MACD signal for HOOKER FURNISHINGS CORP (HOFT) stock?
The MACD indicator for HOOKER FURNISHINGS CORP (HOFT) has a value of -0.17624, indicating a bearish trend.
Can you provide the short term momentum for HOOKER FURNISHINGS CORP?
The short term momentum for HOOKER FURNISHINGS CORP (HOFT) is negative.