HOOKER FURNISHINGS CORP (HOFT) Technical Analysis
NASDAQ:HOFT • US4390381006
Overall HOFT gets a technical rating of 5 out of 10. In the last year, HOFT 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 HOFT has a been trading in the 13.20 - 15.99 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.
- HOFT is part of the Household Durables industry. There are 60 other stocks in this industry. HOFT outperforms 91% of them.
- HOFT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so HOFT is performing more or less in line with the market.
- 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 79% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
HOFT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 13.41, a Stop Loss order could be placed below this zone.
More info and screens
8.85
We found 2 important support areas.
- A support zone ranging from 13.10 to 13.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.94 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 14.35 to 14.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @15.33 from a trend line 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 HOFT is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HOFT is down. |
| ChartMill Relative Strength | 79.37 | POSITIVE | HOFT has a high relative strength, it outperformed 79.37% 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 | POSITIVE | The current price of HOFT is above 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) | 43.64 | NEUTRAL | The RSI value for HOFT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests HOFT has a negative trend. |
| Stochastics (14,3) | 12.86 | OVERSOLD | The low Stochastics value suggests HOFT may be oversold. |
| Average True Range in percent/ATR (20) | 5.92 | HIGH VOLATILITY | The high ATR as a percentage value for HOFT suggests high volalility. |
| Average Directional Index/ADX (14) | 17.4 | NEGATIVE | The low ADX value for HOFT suggests a weak or negative trend. |
HOFT Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:HOFT (3/6/2026, 8:24:21 PM)
13.42
-0.24 (-1.76%)
HOOKER FURNISHINGS CORP / HOFT FAQ
What is the technical rating for HOFT stock?
ChartMill assigns a technical rating of 5 / 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 43.6414. 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 -0.220697, 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.