Free Daily Analysis

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.

Open High Low HOFT Price Change
18.31 18.61 18.30 18.61 +0.23
Entry Signal

MarketClub’s Trade Triangles for HOFT

long term down The long-term trend has been DOWN since Oct 19th, 2023 at 17.745

intermediate term up The intermediate-term trend has been UP since Nov 14th, 2023 at 18.000

short term up 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).

Smart Scan Analysis for HOFT
Strong Downtrend Sideways 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 High49.85Year High Date2018-06-20
Year Low28.52Year Low Date2018-10-26
52wk High22.2752wk High Date2023-08-28
52wk Low14.7352wk Low Date2023-05-04
Year End Close14.53Average Volume19,341
Shares Outstanding10,741Short Interest594,710
% Institutional87.1Market Cap245M
P/E Ratio22.4198Beta1.64
Get a free daily analysis and signals for Hooker Furnishings Corporation (HOFT) - Request Your Free Report.