HOOKER FURNISHINGS CORP (HOFT) Technical Analysis
NASDAQ:HOFT • US4390381006
Current stock price
HOFT Technical Rating and Analysis
We assign a technical rating of 5 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- HOFT is one of the better performing stocks in the Household Durables industry, it outperforms 83% of 60 stocks in the same industry.
- When comparing the yearly performance of all stocks, we notice that HOFT is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- HOFT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HOFT is lagging the market.
- In the last month HOFT has a been trading in the 11.40 - 15.51 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HOFT Weekly and Daily overview Charts
HOFT Setup Rating and Analysis
HOFT has an average technical rating and it also does not offer a high 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.
More info and screens
HOFT Support and Resistance Analysis
8.92
We found 4 important support areas.
- A support zone ranging from 12.59 to 12.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 11.43 to 11.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.00 from a horizontal line in the daily time frame.
- Support @9.01 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 12.96 to 13.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.65 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for HOFT is neutral. |
| ChartMill Relative Strength | 77.75 | POSITIVE | HOFT has a high relative strength, it outperformed 77.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HOFT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HOFT is below a declining 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) | 46.85 | NEUTRAL | The RSI value for HOFT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests HOFT has a negative trend. |
| Stochastics (14,3) | 23.35 | NEUTRAL | The Stochastics value for HOFT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.24 | HIGH VOLATILITY | The high ATR as a percentage value for HOFT suggests high volalility. |
| Average Directional Index/ADX (14) | 21.73 | 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 (4/22/2026, 8:00:02 PM)
12.95
-0.24 (-1.82%)
HOOKER FURNISHINGS CORP / HOFT TA 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.
Can you provide the RSI signal for HOOKER FURNISHINGS CORP?
HOOKER FURNISHINGS CORP (HOFT) has an RSI value of 46.8509. This indicates that the stock is currently neutral.
What is the short term momentum for HOFT stock?
The short term momentum for HOOKER FURNISHINGS CORP (HOFT) is neutral.
What are the support and resistance levels for HOOKER FURNISHINGS CORP (HOFT) stock?
HOOKER FURNISHINGS CORP (HOFT) has a support level at 12.61 and a resistance level at 12.96. Check the full technical report for our detailed analysis of HOFT support and resistance levels.