HOOKER FURNISHINGS CORP (HOFT) Stock Technical Analysis
NASDAQ:HOFT - Nasdaq - US4390381006 - Common Stock
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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, HOFT is a bad performer in the overall market: 92% of all stocks are doing better.
HOFT is one of the lesser performing stocks in the Household Durables industry. 84% of 67 stocks in the same industry do better.
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.
HOFT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, HOFT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 13.51. Right above this resistance zone may be a good entry point.
More info and screens
13.37
18.90
We can see 3 important resistance areas.
- A resistance zone ranging from 13.51 to 13.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.46 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
CRS8.85
Mansfield-3.04
10 Day High13.65
10 Day Low12.75
20 Day High16
20 Day Low12.75
52 Week High25.8
52 Week Low12.75
Performance
1 Week4.73%
2 Weeks0.9%
1 Month-11.99%
3 Month-14.66%
6 Month-13.9%
12 Month-46.04%
2 Year-35.9%
3 Year-38.75%
5 Year-45.21%
10 Year-25.17%
15 Year6.22%
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)0.13
RSI(14)39.25
LBB12.72
UBB13.93
HOOKER FURNISHINGS CORP
NASDAQ:HOFT (1/22/2025, 2:27:34 PM)
13.51
+0.01 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg0.07%
1 Week4.73%
2 Weeks0.9%
1 Month-11.99%
3 Month-14.66%
6 Month-13.9%
12 Month-46.04%
2 Year-35.9%
3 Year-38.75%
5 Year-45.21%
10 Year-25.17%
15 Year6.22%
Volatility
ATR(14)0.48
ATR(20)%4.76%
ATR Inc-42.93%
Range Today0.28
ADR(20)0.64
ADR(20)%4.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.85
Mansfield-3.04
10 Day High13.65
10 Day Low12.75
20 Day High16
20 Day Low12.75
52 Week High25.8
52 Week Low12.75
CS1 EndN/A
CR1 Start13.51
Volume & EV
DER(3)0.29%
DER(5)-0.36%
Volume17.03K
Volume Incr-59.05%
Vol(5)24.82K
Vol(50)39.06K