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Stock Trend Analysis Report

Prepared for you on Thursday, June 20, 2024.

Hooker Furnishings Corporation (NASDAQ:HOFT)

Countertrend Down (-85) - HOFT is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

Open High Low HOFT Price Change
13.9400 14.1297 13.5000 13.5000 -0.4400
Entry Signal

MarketClub’s Trade Triangles for HOFT

long term down The long-term trend has been DOWN since Apr 8th, 2024 at 22.215

intermediate term down The intermediate-term trend has been DOWN since May 28th, 2024 at 17.000

short term up The short-term trend has been UP since Jun 12th, 2024 at 15.510

Smart Scan Analysis for HOFT

Based on our trend formula, HOFT is rated as a -85 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
13.9400 14.1297 13.5000 13.5000 -0.4400
Prev. Close Volume Bid Ask Time
13.5100 29029 2024-06-18 15:59:27
Year High49.85Year High Date2018-06-20
Year Low28.52Year Low Date2018-10-26
52wk High27.1552wk High Date2023-12-28
52wk Low13.552wk Low Date2024-06-18
Year End Close14.53Average Volume34,865
Shares Outstanding10,682Short Interest594,710
% Institutional87.1Market Cap245M
P/E Ratio34.641Beta1.64
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