Overall HOFT gets a technical rating of 5 out of 10. In the past year, HOFT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
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 resistance zone just above the current price starting at 10.92. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for HOFT in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
8.50
We found 2 important support areas.
- Support @8.89 from a trend line in the daily time frame.
- Support @8.59 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 10.92 to 10.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.47 from a horizontal line in the daily time frame.
- Resistance @11.78 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for HOFT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HOFT is up. |
| ChartMill Relative Strength | 18.14 | NEGATIVE | HOFT has a low relative strength, it was outperformed by 81.86% 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) | DOWN | MIXED | The current price of HOFT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.68 | NEUTRAL | The RSI value for HOFT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests HOFT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.88 | OVERBOUGHT | The high Stochastics value suggests HOFT may be overbought. |
| Average True Range in percent/ATR (20) | 3.68 | MEDIUM VOLATILITY | The ATR as a percentage value for HOFT suggests some volalility. |
| Average Directional Index/ADX (14) | 33.53 | POSITIVE | The high ADX value value for HOFT suggests a strong trend. |
NASDAQ:HOFT (11/26/2025, 4:30:01 PM)
10.8
+0.06 (+0.56%)
HOOKER FURNISHINGS CORP / HOFT FAQ
What is the technical rating for HOFT stock?
ChartMill assigns a technical rating of 5 / 10 to HOFT.
What is the current trend direction of HOOKER FURNISHINGS CORP (HOFT) stock?
The current trend direction for HOOKER FURNISHINGS CORP (HOFT) is Bearish.
What is the RSI signal for HOOKER FURNISHINGS CORP (HOFT) stock?
HOOKER FURNISHINGS CORP (HOFT) has an RSI value of 67.6808. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HOOKER FURNISHINGS CORP?
The MACD indicator for HOOKER FURNISHINGS CORP (HOFT) has a value of 0.102705, indicating a bearish trend.
What are the support and resistance levels for HOOKER FURNISHINGS CORP (HOFT) stock?
HOOKER FURNISHINGS CORP (HOFT) has a support level at 8.89 and a resistance level at 10.92. Check the full technical report for our detailed analysis of HOFT support and resistance levels.