HAVERTY FURNITURE (HVT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HVT - US4195961010 - Common Stock
We assign a technical rating of 8 out of 10 to HVT. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HVT is only an average performer.
Although HVT has an excellent technical rating, it 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
19.79
When analyzing the support we can see 4 important areas.
- A support zone ranging from 22.79 to 23.28. 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 22.15 to 22.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.40 to 20.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.99 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 24.00 to 24.18. 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 HVT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HVT is up. |
| ChartMill Relative Strength | 58.2 | NEUTRAL | HVT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HVT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HVT is above the rising 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) | 63.79 | NEUTRAL | The RSI value for HVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests HVT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.15 | OVERBOUGHT | The high Stochastics value suggests HVT may be overbought. |
| Average True Range in percent/ATR (20) | 3.3 | MEDIUM VOLATILITY | The ATR as a percentage value for HVT suggests some volalility. |
| Average Directional Index/ADX (14) | 30.24 | POSITIVE | The high ADX value value for HVT suggests a strong trend. |
23.8
-0.35 (-1.45%)
HAVERTY FURNITURE / HVT FAQ
What is the ChartMill technical rating of HAVERTY FURNITURE (HVT) stock?
ChartMill assigns a technical rating of 8 / 10 to HVT.
What is the trend direction for HVT stock?
The current trend direction for HAVERTY FURNITURE (HVT) is Bullish.
What is the RSI signal for HAVERTY FURNITURE (HVT) stock?
HAVERTY FURNITURE (HVT) has an RSI value of 63.7894. This indicates that the stock is currently neutral.
Can you provide the short term momentum for HAVERTY FURNITURE?
The short term momentum for HAVERTY FURNITURE (HVT) is positive.
What is the support and resistance level for HVT stock?
HAVERTY FURNITURE (HVT) has a support level at 23.28 and a resistance level at 24. Check the full technical report for our detailed analysis of HVT support and resistance levels.