Hooker Furnishings 15min chart: Bollinger Bands Expanding Upward, Bullish Marubozu Triggered

Based on the 15-minute chart of Hooker Furnishings, the Bollinger Bands have expanded upward, and a bullish Marubozu pattern was observed on August 15, 2025, at 10:15. This indicates that market sentiment is currently driven by buyers, who are in control of the market. As a result, bullish momentum is expected to continue.

As of August 15, 2025, at 10:15, the 15-minute chart of Hooker Furnishings exhibited a significant bullish trend, as indicated by the KDJ Golden Cross and a bullish Marubozu candlestick pattern. These technical indicators suggest a shift in momentum towards the upside, signaling that the stock price has the potential to further increase.

The KDJ Golden Cross, a technical indicator, signals a potential reversal in price trends when the K-line crosses above the J-line. This bullish signal is often accompanied by strong buying pressure, as indicated by the absence of wicks on the candles, forming a Bullish Marubozu pattern. The combination of these indicators suggests that Hooker Furnishings' stock price may continue to rise, with buyers dominating the market [1].

In addition to the technical indicators, Hooker Furnishings' strong financial performance and positive analyst sentiment reinforce the bullish outlook. The company's second-quarter 2025 earnings report showed positive results, with revenue exceeding analyst estimates by 6.2% and earnings per share (EPS) surpassing estimates by 17%. Looking ahead, revenue is forecast to grow 7.2% per annum on average during the next three years, compared to a 5.1% growth forecast for the Furniture industry in the US [2].

Institutional investors have also expressed confidence in Hooker Furnishings. The company recently declared a third-quarter 2025 dividend of $0.14 per share, payable on September 5, 2025 [3]. The strong financial performance and positive analyst sentiment suggest that the stock is well-positioned for continued bullish momentum in the near term.

The projected fair value for Hooker Furnishings is US$19.96 based on a two-stage DCF model, indicating that the stock may be undervalued by approximately 49% [2]. This valuation is supported by the company's robust financial performance and growth prospects.

References:
[1] https://www.ainvest.com/news/hooker-furnishings-15min-chart-kdj-golden-cross-bullish-marubozu-triggered-2508/
[2] https://finance.yahoo.com/news/materion-second-quarter-2025-earnings-130836811.html
[3] https://www.marketscreener.com/news/materion-corporation-declares-quarterly-cash-dividend-ce7c5ededa89f32d