HOOKER FURNISHINGS CORP (HOFT) Stock Technical Analysis
NASDAQ:HOFT - Nasdaq - US4390381006 - Common Stock - Currency: USD
Taking everything into account, HOFT scores 0 out of 10 in our technical rating. HOFT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
94% of all other stocks performed better in the past year than HOFT.
HOFT is part of the Household Durables industry. There are 67 other stocks in this industry, of which 84% are performing better than HOFT.
HOFT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month HOFT has a been trading in the 12.06 - 13.81 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.
HOFT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 13.57. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for HOFT 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
12.82
18.90
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 13.57 to 13.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.83 from a trend line in the weekly time frame.
- A resistance zone ranging from 18.62 to 18.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.7
Mansfield-2.83
10 Day High13.39
10 Day Low12.62
20 Day High13.81
20 Day Low12.06
52 Week High24.82
52 Week Low12.06
Performance
1 Week-2.04%
2 Weeks-0.54%
1 Month-4.57%
3 Month-30.64%
6 Month-17.73%
12 Month-46.55%
2 Year-41.1%
3 Year-38.33%
5 Year-31.15%
10 Year-29.81%
15 Year-0.92%
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)0.08
RSI(14)41.39
LBB12.51
UBB13.49
12.95
-0.1 (-0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-0.77%
1 Week-2.04%
2 Weeks-0.54%
1 Month-4.57%
3 Month-30.64%
6 Month-17.73%
12 Month-46.55%
2 Year-41.1%
3 Year-38.33%
5 Year-31.15%
10 Year-29.81%
15 Year-0.92%
Volatility
ATR(14)0.45
ATR(20)%3.64%
ATR Inc15.7%
Range Today0.39
ADR(20)0.46
ADR(20)%3.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.7
Mansfield-2.83
10 Day High13.39
10 Day Low12.62
20 Day High13.81
20 Day Low12.06
52 Week High24.82
52 Week Low12.06
CS1 EndN/A
CR1 Start13.57
Volume & EV
DER(3)4.63%
DER(5)1.66%
Volume85.00K
Volume Incr5.5%
Vol(5)54.52K
Vol(50)53.45K