HOFT NEWS why is Hooker Furniture Corporation price falling or rising

HOFT NEWS reasons for why stock price of Hooker Furniture Corporation is falling or rising

HOFT Hooker Furniture is falling or rising technical reasons

Technical analysis forecast for Hooker Furniture Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Hooker Furniture HOFT at this time. Stock is falling and might fall more.

It appears as if Hooker Furniture HOFT gave a large move recently.

Stock of Hooker Furniture (HOFT) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

Although my analysis for Hooker Furniture is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 10.3, for a target of 11.2 or 11.86

HOFT Hooker Furniture is falling or rising NEWS fundamental reasons

More announcements and NEWS

HOFT Hooker Furniture Corporation current price & indicator signals

Moving Averages for Hooker Furniture Corporation

5Day Average: 11.14
12Day Average: 11.67
20Day Average: 12.04
50Day Average: 12.68
100Day Average: 14.35
150Day Average: 15.05
200Day Average: 14.89

HOFT Indicators & signals

Indicator MACD (12,26,9)

11.52, 12.05, -0.39
Indicator MACD is in negative zone

Indicator ADX (14)

7.69, 20.69, 24.14
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 37
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of HOFT Hooker Furniture Corporation are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
28 Fri Mar 2025	10.45	10.39 to 10.94	-2.25%	0.85 times
26 Wed Mar 2025	10.69	10.57 to 11.09	-6.56%	0.96 times
24 Mon Mar 2025	11.44	11.27 to 12.44	-1.46%	1.36 times
21 Fri Mar 2025	11.61	11.21 to 11.89	1.04%	3.54 times
20 Thu Mar 2025	11.49	11.34 to 11.59	-0.09%	0.57 times
19 Wed Mar 2025	11.50	11.35 to 11.78	-0.86%	0.47 times
18 Tue Mar 2025	11.60	11.17 to 11.79	0.52%	0.63 times
17 Mon Mar 2025	11.54	11.42 to 12.27	-5.18%	0.98 times
14 Fri Mar 2025	12.17	12.15 to 12.34	-0.41%	0.38 times
13 Thu Mar 2025	12.22	12.06 to 12.57	-3.4%	0.5 times
12 Wed Mar 2025	12.65	12.29 to 12.80	0%	0.59 times
11 Tue Mar 2025	12.65	12.48 to 12.90	-1.79%	0.59 times