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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
$21.66
$0.43(1.95%)
U.S. Market is Open · 13:26

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:Neutral to Bullish (RSI: 52.24)
Trend Strength:Strong (ADX: 31.42)
Volatility:Medium (ATR: 0.82)
Support/Resistance:$21.01 – $23.28 (Bollinger Bands)

Technical conditions suggest Bassett Furniture Industries, Incorporated on the NASDAQ is awaiting a decisive move. This mix signals that Bassett Furniture Industries, Incorporated is trading with strong momentum and healthy trend support.

Momentum Indicators

RSI (14): 52.24

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 32.21

Bearish
Momentum remains weak below midpoint.

Williams %R: -71.19

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -0.73

Neutral
Price change is minimal.

Takeaway:Bassett Furniture Industries, Incorporated shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.49

Bullish
Bullish, trend momentum is strengthening.

ADX: 31.42

Strong
Strong trend, momentum well established.

ATR (14): 0.82

Low
Low volatility, stable price action.

CCI (14): -115.11

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$23.28
Middle Band (SMA 20)
$22.15
Lower Band
$21.01
Current Position
Within Bands

Takeaway:Bassett Furniture Industries, Incorporated trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$23.57
Middle Line (EMA 20)
$21.94
Lower Channel
$20.30
Squeeze Status
Squeeze On

Takeaway:Bassett Furniture Industries, Incorporated trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume331.95K
Money Flow Index61.58Bullish, inflows support continued momentum.
Relative Vigor Index52.62Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:BSET shows bullish money flow, with volume and vigor supporting buyers.

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.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Bassett Furniture Industries, Incorporated are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: BSET) Technical Analysis FAQ