HAVERTY FURNITURE (HVT) Stock Technical Analysis
NYSE:HVT - New York Stock Exchange, Inc. - US4195961010 - Common Stock - Currency: USD
Taking everything into account, HVT scores 3 out of 10 in our technical rating. In the past year, HVT 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.
Although the technical rating is bad, HVT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 20.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.60, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HVT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
20.04
We found 1 important support area.
- A support zone ranging from 20.24 to 20.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 20.81 to 21.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.56 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 | 19.17 | NEGATIVE | HVT has a low relative strength, it was outperformed by 80.83% 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) | 56.41 | NEUTRAL | The RSI value for HVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests HVT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.85 | OVERBOUGHT | The high Stochastics value suggests HVT may be overbought. |
| Average True Range in percent/ATR (20) | 3.57 | MEDIUM VOLATILITY | The ATR as a percentage value for HVT suggests some volalility. |
| Average Directional Index/ADX (14) | 24.56 | NEUTRAL | The ADX value for HVT suggests a possible start of a new trend. |
20.76
-0.15 (-0.72%)