HAVERTY FURNITURE (HVT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HVT - US4195961010 - Common Stock
We assign a technical rating of 6 out of 10 to HVT. In the last year, HVT was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
HVT has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- 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
19.38
When analyzing the support we can see 4 important areas.
- A support zone ranging from 23.73 to 23.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 20.99 to 21.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 20.40 to 20.56. 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 24.24 to 24.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @25.11 from a horizontal line 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 | UP | POSITIVE | The long term trend for HVT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HVT is neutral. |
| ChartMill Relative Strength | 61.15 | 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) | 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) | 49.18 | NEUTRAL | The RSI value for HVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests HVT has a negative trend. |
| Stochastics (14,3) | 28.47 | NEUTRAL | The Stochastics value for HVT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.89 | MEDIUM VOLATILITY | The ATR as a percentage value for HVT suggests some volalility. |
| Average Directional Index/ADX (14) | 28.36 | POSITIVE | The high ADX value value for HVT suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 24.69 | 23.72 | 0.97 (3.93%) | 25.00% |
| An entry @24.69. This is a Buy Stop order right above the resistance zone. | An exit @23.72. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.97 points, which is 3.93%. | For a 0.98% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of HVT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
23.74
+0.01 (+0.04%)
HAVERTY FURNITURE / HVT FAQ
What is the ChartMill technical rating of HAVERTY FURNITURE (HVT) stock?
ChartMill assigns a technical rating of 6 / 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 49.1841. 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 neutral.
What is the support and resistance level for HVT stock?
HAVERTY FURNITURE (HVT) has a support level at 23.73 and a resistance level at 24.24. Check the full technical report for our detailed analysis of HVT support and resistance levels.