Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Hooker Furnishings Corporation (NASDAQ:HOFT)
Long-Term Downtrend (-90) - HOFT is in a strong downtrend that is likely to continue. While HOFT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for HOFT
The long-term trend has been DOWN since Apr 8th, 2024 at 22.215
The intermediate-term trend has been DOWN since Apr 8th, 2024 at 22.470
The short-term trend has been DOWN since Apr 2nd, 2024 at 23.130
Smart Scan Analysis for HOFT
Based on our trend formula, HOFT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18.080 | 18.305 | 17.900 | 18.180 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18.180 | 18101 | 2024-04-18 15:50:39 |
| Year High | 49.85 | Year High Date | 2018-06-20 |
| Year Low | 28.52 | Year Low Date | 2018-10-26 |
| 52wk High | 27.15 | 52wk High Date | 2023-12-28 |
| 52wk Low | 14.73 | 52wk Low Date | 2023-05-04 |
| Year End Close | 14.53 | Average Volume | 45,280 |
| Shares Outstanding | 10,659 | Short Interest | 594,710 |
| % Institutional | 87.1 | Market Cap | 245M |
| Assets | 343,586,000M | Liabilities | 117,611,000M |
| P/E Ratio | 22.4198 | Beta | 1.64 |
| Volatility | 37.28 |