HOOKER FURNISHINGS CORP (HOFT)

US4390381006 - Common Stock

18.15  -0.31 (-1.68%)

Technical Rating and Analysis

0

Overall HOFT gets a technical rating of 0 out of 10. HOFT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

72% of all other stocks performed better in the past year than HOFT.
HOFT is currently trading in the lower part 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.
In the last month HOFT has a been trading in the 17.78 - 24.18 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
HOFT is part of the Household Durables industry. There are 68 other stocks in this industry, HOFT did better than 40% of them.
Weekly and Daily overview Charts
HOFT Weekly chart
HOFT Daily chart
Setup Rating and Analysis

3

The technical rating of HOFT is bad and it also does not present a 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.

Support and Resistance Analysis

17.60

25.54

2 important support areas can be observed.

  • Support @18.14 from a horizontal line in the weekly time frame.
  • Support @17.78 from a trend line in the weekly time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 23.26 to 23.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @24.06 from a trend line in the daily time frame.
  • Resistance @25.29 from a horizontal line in the daily time frame.
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
CRS28.66
Mansfield-1.9
10 Day High23.85
10 Day Low17.78
20 Day High24.18
20 Day Low17.78
52 Week High27.15
52 Week Low14.73
Performance
1 Week-16.63%
2 Weeks-21.83%
1 Month-21.12%
3 Month-22.96%
6 Month1.91%
12 Month9.67%
2 Year7.65%
3 Year-51.61%
5 Year-39.11%
10 Year31.05%
15 Year54.86%
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)-0.54
RSI(14)24.51
LBB17.67
UBB25.89
HOFT Daily chart

HOOKER FURNISHINGS CORP

NASDAQ:HOFT (4/16/2024, 3:30:02 PM)

18.15

-0.31 (-1.68%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-1.68%
1 Week-16.63%
2 Weeks-21.83%
1 Month-21.12%
3 Month-22.96%
6 Month1.91%
12 Month9.67%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.08
ATR(20)%5.28%
ATR Inc
Range Today0.94
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 High23.85
10 Day Low17.78
20 Day High24.18
20 Day Low17.78
52 Week High27.15
52 Week Low14.73
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume89.51K
Volume Incr258.51%
Vol(5)107.80K
Vol(50)36.93K