Haverty Furniture A's 15min chart signals overbought conditions and narrowing Bollinger Bands.

Tuesday, Aug 26, 2025 2:19 pm ET1min read

According to the 15-minute chart of Haverty Furniture A, the Relative Strength Index (RSI) has reached an overbought level, and the Bollinger Bands have narrowed significantly as of 14:15 on August 26, 2025. This indicates that the stock price has experienced a rapid increase and has surpassed its fundamental support levels. Furthermore, the magnitude of the stock price fluctuations has decreased, suggesting a potential slowdown in the upward momentum.

Haverty Furniture Companies (NYSE:HVT) has seen a significant upward movement in its stock price, crossing its 200-day moving average and reaching a high of $22.82 during trading on August 26, 2025 [1]. This surge comes on the heels of the company's strong earnings report, where it exceeded analyst estimates by reporting $0.16 EPS against a consensus of $0.15, alongside a revenue of $181.03 million, surpassing expectations of $177.11 million [1].

The stock's performance has been bolstered by recent analyst ratings. Sidoti raised Haverty Furniture Companies to a "hold" rating, while Wall Street Zen lowered it from a "buy" to a "hold" rating, both indicating a cautious outlook [1]. Despite these ratings, the company's fundamentals and recent earnings have driven investor confidence.

Additionally, Haverty Furniture Companies announced a quarterly dividend of $0.32 per share, reflecting an annualized yield of 5.7% and a payout ratio of 111.30% [1]. This dividend, set to be paid on September 10, 2025, to stockholders of record on August 25, 2025, adds to the stock's attractiveness for income-focused investors.

Technical indicators also suggest a potential slowdown in the stock's upward momentum. As of 14:15 on August 26, 2025, the Relative Strength Index (RSI) has reached an overbought level, and the Bollinger Bands have narrowed significantly, indicating a potential slowdown in the stock's rapid increase [2]. This could signal a pause or correction in the stock's price movement.

Institutional investors have also shown interest in Haverty Furniture Companies. PNC Financial Services Group Inc., Raymond James Financial Inc., State of Wyoming, Nisa Investment Advisors LLC, and CWM LLC have all increased their stakes in the company's stock, with PNC Financial Services Group Inc. increasing its stake by 1,929.3% in the first quarter [1].

Overall, Haverty Furniture Companies' strong earnings and positive analyst ratings have driven its stock price higher. However, the recent technical indicators suggest a potential slowdown in the stock's upward momentum. Investors should closely monitor the company's future earnings reports and technical indicators to gauge the stock's potential for further growth.

References:
[1] https://www.marketbeat.com/instant-alerts/haverty-furniture-companies-nysehvt-stock-price-passes-above-200-day-moving-average-whats-next-2025-08-21/
[2] Provided writing topic

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