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Bassett Furniture Industries, Incorporated

BSET Technical Analysis Summary (NASDAQ)

Analyze BSET on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

BSET●NASDAQ
Consumer CyclicalFurnishings, Fixtures & Appliances
$21.49
$0.05(0.23%)
U.S. Market opens in 0h 5m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

BSET Technical Analysis Summary (NASDAQ)

Bassett Furniture Industries, Incorporated (NASDAQ: BSET) stock currently shows a bullish trend on the NASDAQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 66.97)
Trend Strength:Strong (ADX: 35.75)
Volatility:Medium (ATR: 0.80)
Support/Resistance:$17.37 – $23.40 (Bollinger Bands)

Technical conditions suggest Bassett Furniture Industries, Incorporated on the NASDAQ is awaiting a decisive move. Overall, Bassett Furniture Industries, Incorporated remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 66.97

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 85.57

Bearish
Overbought levels may trigger pullback.

Williams %R: -15.33

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 14.32

Strongly Bullish
Strong upside momentum.

Takeaway:Bassett Furniture Industries, Incorporated shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.82

Bullish
Bullish, trend momentum is strengthening.

ADX: 35.75

Strong
Strong trend, momentum well established.

ATR (14): 0.80

Low
Low volatility, stable price action.

CCI (14): 102.38

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Bassett Furniture Industries, Incorporated shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$23.40
Middle Band (SMA 20)
$20.39
Lower Band
$17.37
Current Position
Within Bands

Takeaway:Bassett Furniture Industries, Incorporated trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$22.22
Middle Line (EMA 20)
$20.61
Lower Channel
$19.01
Squeeze Status
No Squeeze

Takeaway:Bassett Furniture Industries, Incorporated trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume341.33K
Money Flow Index85.65Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index63.65Bullish, price momentum strongly favors buyers.

Overall Takeaway:BSET shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary
Based on the current technical analysis of Bassett Furniture Industries, Incorporated (NASDAQ: BSET), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Bassett Furniture Industries, Incorporated currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(NASDAQ: BSET) Technical Analysis FAQ