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Hooker Furnishings Corporation

HOFT•NASDAQ
Consumer Cyclical
Furnishings, Fixtures & Appliances
$14.28
$0.00(0.00%)
U.S. Market opens in 1h 15m

Hooker Furnishings Corporation (HOFT) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Hooker Furnishings Corporation (NASDAQ:HOFT).

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

HOFT Technical Analysis Summary

Hooker Furnishings Corporation stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 54.84)
Trend Strength:Weak (ADX: 18.53)
Volatility:High (ATR: 0.73)
Support/Resistance:$13.41 – $15.66 (Bollinger Bands)

Overall, Hooker Furnishings Corporation remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 54.84

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 26.89

Bearish
Momentum remains weak below midpoint.

Williams %R: -68.90

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -7.72

Strongly Bearish
Sharp downside momentum.

Takeaway:Hooker Furnishings Corporation shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.36

Bullish
Bullish, trend momentum is strengthening.

ADX: 18.53

Weak
Weak trend, market trading sideways.

ATR (14): 0.73

Low
Low volatility, stable price action.

CCI (14): -89.14

Bearish
Bearish, momentum remains under pressure.

Takeaway:Hooker Furnishings Corporation shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$15.66
Middle Band (SMA 20)
$14.53
Lower Band
$13.41
Current Position
Within Bands

Takeaway:Hooker Furnishings Corporation trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$15.67
Middle Line (EMA 20)
$14.22
Lower Channel
$12.76
Squeeze Status
Squeeze On

Takeaway:Hooker Furnishings Corporation trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume481.08K
Money Flow Index23.66Bearish, selling pressure outweighs inflows.
Relative Vigor Index55.33Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:HOFT shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Hooker Furnishings Corporation, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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 Hooker Furnishings Corporation are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ