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Stock Trend Analysis Report
Prepared for you on Tuesday, November 28, 2023.
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.
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MarketClub’s Trade Triangles for HOFT
The long-term trend has been DOWN since Oct 19th, 2023 at 17.745
The intermediate-term trend has been UP since Nov 14th, 2023 at 18.000
The short-term trend has been UP since Nov 24th, 2023 at 18.640
Smart Scan Analysis for HOFT
Based on our trend formula, HOFT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18.31 | 18.61 | 18.30 | 18.61 | +0.23 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18.38 | 2761 | 2023-11-28 14:36:11 |
| Year High | 49.85 | Year High Date | 2018-06-20 |
| Year Low | 28.52 | Year Low Date | 2018-10-26 |
| 52wk High | 22.27 | 52wk High Date | 2023-08-28 |
| 52wk Low | 14.73 | 52wk Low Date | 2023-05-04 |
| Year End Close | 14.53 | Average Volume | 19,341 |
| Shares Outstanding | 10,741 | Short Interest | 594,710 |
| % Institutional | 87.1 | Market Cap | 245M |
| Assets | 350,115,000M | Liabilities | 124,447,000M |
| P/E Ratio | 22.4198 | Beta | 1.64 |
| Volatility | 37.28 |