Logo image of BSET

BASSETT FURNITURE INDS (BSET) Stock Technical Analysis

NASDAQ:BSET - Nasdaq - US0702031040 - Common Stock

14.07  +0.21 (+1.52%)

Technical Rating and Analysis

1

Taking everything into account, BSET scores 1 out of 10 in our technical rating. BSET scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, BSET is a bad performer in the overall market: 78% of all stocks are doing better.
Warning: BSET has an average volume of 12112 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month BSET has a been trading in the 13.64 - 14.47 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
BSET is part of the Household Durables industry. There are 67 other stocks in this industry, BSET did better than 43% of them.
BSET is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BSET is lagging the market.
Weekly and Daily overview Charts
BASSETT FURNITURE INDS / BSET Weekly stock chart
BASSETT FURNITURE INDS / BSET Daily stock chart
Setup Rating and Analysis

5

Although the technical rating is bad, BSET does present a nice setup opportunity. Prices have been consolidating lately.

Support and Resistance Analysis

13.12

15.53

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 13.85 to 13.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @13.25 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 14.41 to 14.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 14.83 to 15.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.33
Mansfield-1.16
10 Day High14.47
10 Day Low13.64
20 Day High14.47
20 Day Low13.64
52 Week High16.49
52 Week Low12.11
Performance
1 Week0.07%
2 Weeks-0.72%
1 Month0.58%
3 Month-0.65%
6 Month3.05%
12 Month-14.39%
2 Year-28.41%
3 Year-25.32%
5 Year13.33%
10 Year-37.62%
15 Year217.89%
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)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)45.29
LBB13.65
UBB14.19
BASSETT FURNITURE INDS / BSET Daily stock chart

BASSETT FURNITURE INDS

NASDAQ:BSET (1/22/2025, 2:49:22 PM)

14.07

+0.21 (+1.52%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg1.52%
1 Week0.07%
2 Weeks-0.72%
1 Month0.58%
3 Month-0.65%
6 Month3.05%
12 Month-14.39%
2 Year-28.41%
3 Year-25.32%
5 Year13.33%
10 Year-37.62%
15 Year217.89%
Volatility
ATR(14)0.32
ATR(20)%2.37%
ATR Inc88.9%
Range Today0.52
ADR(20)0.32
ADR(20)%2.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.33
Mansfield-1.16
10 Day High14.47
10 Day Low13.64
20 Day High14.47
20 Day Low13.64
52 Week High16.49
52 Week Low12.11
CS1 End13.85
CR1 Start13.9
Volume & EV
DER(3)-5.75%
DER(5)-3.13%
Volume4.81K
Volume Incr12.55%
Vol(5)11.30K
Vol(50)12.11K