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Stock Trend Analysis Report
Prepared for you on Monday, August 8, 2022.
Hooker Furnishings Corporation (NASDAQ:HOFT)
Strong Downtrend (-100) - HOFT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HOFT continues to fall. 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.
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MarketClub’s Trade Triangles for HOFT
The long-term trend has been DOWN since Jul 6th, 2021 at 33.87
The intermediate-term trend has been DOWN since Jun 16th, 2022 at 15.13
The short-term trend has been DOWN since Aug 1st, 2022 at 16.36
Smart Scan Analysis for HOFT
Based on our trend formula, HOFT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.26 | 16.52 | 16.21 | 16.33 | +0.20 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.13 | 73582 | 2022-08-08 15:59:52 |
| Year High | 49.85 | Year High Date | 2018-06-20 |
| Year Low | 28.52 | Year Low Date | 2018-10-26 |
| 52wk High | 36.025 | 52wk High Date | 2021-08-12 |
| 52wk Low | 14.92 | 52wk Low Date | 2022-06-16 |
| Year End Close | 14.53 | Average Volume | 60,434 |
| Shares Outstanding | 12,002 | Short Interest | 594,710 |
| % Institutional | 87.1 | Market Cap | 245M |
| Assets | 387,071,000M | Liabilities | 124,809,000M |
| P/E Ratio | 35.8444 | Beta | 1.64 |
| Volatility | 37.28 |