Technical Analysis for HOFT - Hooker Furniture Corporation

Grade Last Price % Change Price Change
F 17.49 -0.85% -0.15
HOFT closed up 0.11 percent on Tuesday, May 7, 2024, on 38 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Flat

Date Alert Name Type % Chg
NR7 Range Contraction -0.85%
Narrow Range Bar Range Contraction -0.85%
Gapped Up Strength -0.85%
Up 3 Days in a Row Strength -0.85%
Up 4 Days in a Row Strength -0.85%
Up 5 Days in a Row Strength -0.85%
Gapped Up Strength -0.74%
Up 3 Days in a Row Strength -0.74%
Up 4 Days in a Row Strength -0.74%
MACD Bullish Signal Line Cross Bullish -0.63%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 3 hours ago
Fell Below Previous Day's Low about 4 hours ago
Possible NR7 about 23 hours ago
Rose Above Previous Day's High about 24 hours ago
Up 1% about 24 hours ago

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Profile

Hooker Furniture Corporation Description

Hooker Furniture Corporation, a home furnishings marketing and logistics company, together with its subsidiaries, designs, imports, manufactures, and markets residential furniture products in North America. The company offers furniture in various materials, such as wood, metal, leather, and fabric, as well as veneer and other natural woven products. It operates in two segments, Casegoods and Upholstery. The Casegoods segment offers home entertainment, home office, accent, dining, and bedroom furniture under the Hooker Furniture brand, as well as private label products under retailers' brands. The Upholstery segment provides residential leather and fabric upholstered furniture comprising leather reclining and motion chairs, sofas, club chairs, and executive desk chairs under the Bradington-Young and Seven Seas by Bradington-Young brands; and upscale occasional chairs, settees, sofas, and other seating products under the Sam Moore brand. The company serves retailers of residential home furnishings, including independent furniture stores, specialty retailers, department stores, catalog and Internet merchants, interior designers, and national and regional retail chains. Hooker Furniture Corporation sells its products directly, as well as through independent sales representatives. The company was founded in 1924 and is headquartered in Martinsville, Virginia.


Classification

Sector: Consumer Cyclical
Industry: Home Furnishings & Fixtures
Keywords: Metals Textiles Department Store Retail Chain Leather Furniture Home Furnishings Home Office Upholstery Furniture Products Private Label Products Crafts Couch

Is HOFT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 26.882
52 Week Low 14.1759
Average Volume 38,296
200-Day Moving Average 20.94
50-Day Moving Average 21.23
20-Day Moving Average 18.13
10-Day Moving Average 17.46
Average True Range 0.68
RSI (14) 31.97
ADX 41.16
+DI 12.75
-DI 28.42
Chandelier Exit (Long, 3 ATRs) 21.28
Chandelier Exit (Short, 3 ATRs) 19.02
Upper Bollinger Bands 20.12
Lower Bollinger Band 16.14
Percent B (%b) 0.38
BandWidth 21.93
MACD Line -1.16
MACD Signal Line -1.30
MACD Histogram 0.1379
Fundamentals Value
Market Cap 188.25 Million
Num Shares 10.7 Million
EPS -0.68
Price-to-Earnings (P/E) Ratio -25.94
Price-to-Sales 0.55
Price-to-Book 1.13
PEG Ratio 0.83
Dividend 0.88
Dividend Yield 4.99%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 18.06
Resistance 3 (R3) 18.11 18.01 17.99
Resistance 2 (R2) 18.01 17.91 17.99 17.97
Resistance 1 (R1) 17.83 17.84 17.78 17.78 17.94
Pivot Point 17.73 17.73 17.71 17.71 17.73
Support 1 (S1) 17.55 17.63 17.50 17.50 17.34
Support 2 (S2) 17.45 17.56 17.43 17.31
Support 3 (S3) 17.27 17.45 17.29
Support 4 (S4) 17.22