HAVERTY FURNITURE (HVT) Stock Technical Analysis
NYSE:HVT - New York Stock Exchange, Inc. - US4195961010 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to HVT. Recently some decent action could be observed, but in the medium term time frame this is still negative. HVT was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, HVT is a bad performer in the overall market: 81% of all stocks are doing better.
HVT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
HVT is an average performer in the Specialty Retail industry, it outperforms 48% of 120 stocks in the same industry.
HVT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HVT is lagging the market slightly.
HVT has a poor technical rating and the quality of the setup is also not perfect 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
19.99
21.81
When analyzing the support we notice one important area.
- A support zone ranging from 20.19 to 20.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 20.94 to 21.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 21.58 to 21.59. This zone is formed by a combination of multiple trend lines in the daily 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 | DOWN | NEGATIVE | The long term trend for HVT is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HVT is up. |
| ChartMill Relative Strength | 19.98 | NEGATIVE | HVT has a low relative strength, it was outperformed by 80.02% off all stocks 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) | DOWN | MIXED | The current price of HVT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HVT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.04 | NEUTRAL | The RSI value for HVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests HVT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78 | NEUTRAL | The Stochastics value for HVT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.59 | MEDIUM VOLATILITY | The ATR as a percentage value for HVT suggests some volalility. |
| Average Directional Index/ADX (14) | 24.69 | NEUTRAL | The ADX value for HVT suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
20.91
-0.27 (-1.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-1.27%
1 Week0.67%
2 Weeks0.72%
1 Month13.77%
3 Month-8.41%
6 Month-11.44%
12 Month-26.4%
2 Year-20.77%
3 Year-26.01%
5 Year20.87%
10 Year-0.48%
15 Year28.99%
Volatility
ATR(14)0.62
ATR(20)%3.59%
ATR Inc23.36%
Range Today0.53
ADR(20)0.62
ADR(20)%2.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.98
Mansfield-1.37
10 Day High21.36
10 Day Low19.94
20 Day High21.36
20 Day Low17.76
52 Week High29.85
52 Week Low17.01
CS1 End20.27
CR1 Start20.94
Volume & EV
DER(3)3.9%
DER(5)4.06%
Volume125.50K
Volume Incr8.86%
Vol(5)142.22K
Vol(50)143.51K