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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Hooker Furnishings Corporation (NASDAQ:HOFT)

Bull Market Weakness (+75) - HOFT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HOFT as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid HOFT?

MarketClub looks at technical strength and momentum to determine if the timing is right for HOFT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_HOFT
Open High Low HOFT Price Change
23.82 24.05 23.82 23.98 +0.34
Entry Signal

MarketClub’s Trade Triangles for HOFT

long term up The long-term trend has been UP since Dec 7th, 2023 at 22.13

intermediate term down The intermediate-term trend has been DOWN since Mar 5th, 2024 at 23.10

short term up The short-term trend has been UP since Mar 21st, 2024 at 23.60

Smart Scan Analysis for HOFT

Based on our trend formula, HOFT is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for HOFT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.82 24.05 23.82 23.98 +0.34
Prev. Close Volume Bid Ask Time
23.64 5899 2024-03-28 13:02:55
Year High49.85Year High Date2018-06-20
Year Low28.52Year Low Date2018-10-26
52wk High27.1552wk High Date2023-12-28
52wk Low14.7352wk Low Date2023-05-04
Year End Close14.53Average Volume31,036
Shares Outstanding10,672Short Interest594,710
% Institutional87.1Market Cap245M
Assets354,498,000MLiabilities126,710,000M
P/E Ratio22.4198Beta1.64
Volatility37.28
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