We assign a technical rating of 8 out of 10 to HOFT. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HOFT is only an average performer.
Although HOFT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
8.50
4 important support areas can be observed.
- A support zone ranging from 11.01 to 11.22. 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 10.40 to 10.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @9.13 from a trend line in the daily time frame.
- Support @8.59 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.91 to 12.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for HOFT is up. |
| ChartMill Relative Strength | 70.18 | POSITIVE | HOFT has a high relative strength, it outperformed 70.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HOFT is above the rising 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) | 65.25 | NEUTRAL | The RSI value for HOFT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests HOFT has a positive trend. |
| Stochastics (14,3) | 75.78 | NEUTRAL | The Stochastics value for HOFT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.33 | HIGH VOLATILITY | The high ATR as a percentage value for HOFT suggests high volalility. |
| Average Directional Index/ADX (14) | 16.46 | NEGATIVE | The low ADX value for HOFT suggests a weak or negative trend. |
NASDAQ:HOFT (1/7/2026, 4:30:02 PM)
11.9
+0.77 (+6.92%)
HOOKER FURNISHINGS CORP / HOFT FAQ
What is the technical rating for HOFT stock?
ChartMill assigns a technical rating of 8 / 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 65.2537. 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 0.0277391, 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 positive.