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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.

BSETNASDAQ
Consumer CyclicalFurnishings, Fixtures & Appliances
$18.90
$0.28(1.50%)
U.S. Market opens in 62h 30m

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 neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.49)
Trend Strength:Moderate (ADX: 22.01)
Volatility:Medium (ATR: 0.71)
Support/Resistance:$18.54 – $20.36 (Bollinger Bands)

Technical conditions suggest Bassett Furniture Industries, Incorporated on the NASDAQ is awaiting a decisive move. Technical conditions suggest Bassett Furniture Industries, Incorporated is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 44.49

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 8.78

Bullish
Oversold zone signals rebound potential.

Williams %R: -83.19

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -3.53

Bearish
Selling pressure outweighs buying.

Takeaway:Bassett Furniture Industries, Incorporated shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.11

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 22.01

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.71

Low
Low volatility, stable price action.

CCI (14): -92.64

Bearish
Bearish, momentum remains under pressure.

Takeaway:Bassett Furniture Industries, Incorporated shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$20.36
Middle Band (SMA 20)
$19.45
Lower Band
$18.54
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$20.78
Middle Line (EMA 20)
$19.35
Lower Channel
$17.92
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 Volume1.79M
Money Flow Index51.41Neutral, balanced money flows with no clear signal.
Relative Vigor Index42.25Neutral to Bearish, sellers hold a slight edge.

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

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

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.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Bassett Furniture Industries, Incorporated shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NASDAQ: BSET) Technical Analysis FAQ