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Hooker Furnishings Corporation

HOFT Technical Analysis Summary (NASDAQ)

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

HOFT●NASDAQ
Consumer CyclicalFurnishings, Fixtures & Appliances
$14.33
$0.08(0.59%)
U.S. Market is Open · 15:41

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 (NASDAQ)

Hooker Furnishings Corporation (NASDAQ: HOFT) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.93)
Trend Strength:Weak (ADX: 15.42)
Volatility:Medium (ATR: 0.71)
Support/Resistance:$13.51 – $15.57 (Bollinger Bands)

Technical conditions suggest Hooker Furnishings Corporation on the NASDAQ is awaiting a decisive move. This mix signals that Hooker Furnishings Corporation is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 44.93

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 40.27

Neutral
Mid-range signal with no clear trend.

Williams %R: -80.79

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): 1.65

Bullish
Steady upward momentum.

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

Trend & Volatility

MACD: -0.05

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 15.42

Weak
Weak trend, market trading sideways.

ATR (14): 0.71

Low
Low volatility, stable price action.

CCI (14): -161.58

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$15.57
Middle Band (SMA 20)
$14.54
Lower Band
$13.51
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$16.03
Middle Line (EMA 20)
$14.62
Lower Channel
$13.21
Squeeze Status
Squeeze On

Takeaway:Hooker Furnishings Corporation trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume300.97K
Money Flow Index70.62Bullish, inflows support continued momentum.
Relative Vigor Index36.53Bearish, price momentum favors sellers.

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

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

Bullish Signals

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

(NASDAQ: HOFT) Technical Analysis FAQ