HAVERTY FURNITURE (HVT) Stock Technical Analysis
NYSE:HVT • US4195961010
Overall HVT gets a technical rating of 2 out of 10. HVT has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month HVT has a been trading in the 23.84 - 27.67 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.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, HVT turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
- HVT is an average performer in the Specialty Retail industry, it outperforms 57% of 123 stocks in the same industry.
- HVT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HVT is lagging the market.
HVT has a poor technical rating and the quality of the setup is also only medium 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
19.38
When analyzing the support we can see 5 important areas.
- A support zone ranging from 23.90 to 23.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.14 from a horizontal line in the daily time frame.
- Support @21.81 from a trend line in the weekly time frame.
- A support zone ranging from 20.40 to 20.67. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @19.58 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 27.07 to 27.31. 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 | NEUTRAL | NEUTRAL | The long term trend for HVT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HVT is down. |
| ChartMill Relative Strength | 46.31 | NEUTRAL | HVT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HVT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HVT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HVT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.17 | NEUTRAL | The RSI value for HVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests HVT has a negative trend. |
| Stochastics (14,3) | 8.31 | OVERSOLD | The low Stochastics value suggests HVT may be oversold. |
| Average True Range in percent/ATR (20) | 4.24 | MEDIUM VOLATILITY | The ATR as a percentage value for HVT suggests some volalility. |
| Average Directional Index/ADX (14) | 14.67 | NEGATIVE | The low ADX value for HVT suggests a weak or negative trend. |
23.91
-0.4 (-1.65%)
HAVERTY FURNITURE / HVT FAQ
What is the ChartMill technical rating of HAVERTY FURNITURE (HVT) stock?
ChartMill assigns a technical rating of 2 / 10 to HVT.
Can you provide the trend direction for HAVERTY FURNITURE?
The current trend direction for HAVERTY FURNITURE (HVT) is Bearish.
What is the RSI signal for HAVERTY FURNITURE (HVT) stock?
HAVERTY FURNITURE (HVT) has an RSI value of 34.1654. This indicates that the stock is currently neutral.
What is the MACD signal for HAVERTY FURNITURE (HVT) stock?
The MACD indicator for HAVERTY FURNITURE (HVT) has a value of -0.313687, indicating a bearish trend.
What is the short term momentum for HAVERTY FURNITURE (HVT) stock?
The short term momentum for HAVERTY FURNITURE (HVT) is negative.