Technical Analysis for HOFT - Hooker Furniture Corporation

Grade Last Price % Change Price Change
F 17.29 -3.94% -0.71
HOFT closed down 3.94 percent on Thursday, April 25, 2024, on 1.27 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Wide Bands Range Expansion -3.94%
Oversold Stochastic Weakness -3.94%
1,2,3 Retracement Bearish Bearish Swing Setup -6.29%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -6.29%
Narrow Range Bar Range Contraction -6.29%
Inside Day Range Contraction -6.29%
Wide Bands Range Expansion -6.29%
Up 3 Days in a Row Strength -6.29%

   Recent Intraday Alerts

Alert Time
Down 5% about 13 hours ago
Down 1 ATR about 13 hours ago
Down 3% about 15 hours ago
Down 2 % about 16 hours ago
60 Minute Opening Range Breakdown about 17 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 14.1135
Average Volume 38,291
200-Day Moving Average 21.03
50-Day Moving Average 22.33
20-Day Moving Average 20.40
10-Day Moving Average 18.17
Average True Range 0.88
RSI (14) 24.24
ADX 36.26
+DI 9.93
-DI 36.45
Chandelier Exit (Long, 3 ATRs) 21.55
Chandelier Exit (Short, 3 ATRs) 19.66
Upper Bollinger Bands 25.16
Lower Bollinger Band 15.64
Percent B (%b) 0.17
BandWidth 46.63
MACD Line -1.45
MACD Signal Line -1.25
MACD Histogram -0.205
Fundamentals Value
Market Cap 184.52 Million
Num Shares 10.7 Million
EPS -0.68
Price-to-Earnings (P/E) Ratio -25.43
Price-to-Sales 0.55
Price-to-Book 1.13
PEG Ratio 0.83
Dividend 0.88
Dividend Yield 5.09%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 18.60
Resistance 3 (R3) 18.65 18.28 18.38
Resistance 2 (R2) 18.28 17.94 18.25 18.30
Resistance 1 (R1) 17.78 17.74 17.60 17.73 18.23
Pivot Point 17.41 17.41 17.31 17.38 17.41
Support 1 (S1) 16.91 17.07 16.73 16.86 16.35
Support 2 (S2) 16.54 16.87 16.51 16.28
Support 3 (S3) 16.04 16.54 16.20
Support 4 (S4) 15.99