Hooker Furnishings's 15min chart indicates bearish trend with KDJ Death Cross, Marubozu pattern.

The 15-minute chart for Hooker Furnishings recently exhibited a KDJ Death Cross and a Bearish Marubozu pattern on August 15th, 2025 at 12:45 PM. This indicates a shift in the momentum of the stock price towards a downward trend, with a potential for further decline. The sellers are currently in control of the market, and there is a high likelihood that the bearish momentum will continue.

On August 15th, 2025, at 12:45 PM, the 15-minute chart for Hooker Furnishings (HOFT) exhibited a KDJ Death Cross and a Bearish Marubozu pattern. These technical indicators suggest a shift in the stock's momentum towards a downward trend, with a potential for further decline. The presence of these patterns indicates that sellers are currently in control of the market, and there is a high likelihood that the bearish momentum will continue.

The KDJ Death Cross, also known as the Stochastic Death Cross, occurs when the %K line crosses below the %D line. This is a bearish signal that suggests a potential reversal in the stock's price trend. The Bearish Marubozu pattern, characterized by a long body candle with no shadows or wicks, indicates a strong selling pressure and a potential for further decline in the stock's price.

According to the latest financial data, Hooker Furnishings' stock price fell by 3.90% on August 14th, 2025, from $10.26 to $9.86. The stock has been trading within a horizontal trend, with a 90% probability of being traded between $9.17 and $12.25 at the end of the next 3-month period [2].

The technical analysis also suggests that Hooker Furnishings may be a sell candidate. A buy signal was issued from a pivot bottom point on August 1st, 2025, and the stock has risen by 8.59% since then. However, the long-term Moving Average holds a general sell signal, and there is a sell signal from the 3-month Moving Average Convergence Divergence (MACD) [2].

Investors should be cautious and monitor the stock's performance closely. The stock's volatility is high, with a daily average volatility of 5.05% for the last week. Additionally, the stock may have low liquidity, which increases the general risk. Support is found at $9.80, and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested [2].

In conclusion, the recent technical indicators suggest a bearish momentum for Hooker Furnishings. Investors should be cautious and monitor the stock's performance closely, as the stock's volatility and potential for low liquidity increase the general risk.

References:
[1] https://finance.yahoo.com/news/intrinsic-calculation-hooker-furnishings-corporation-102019040.html
[2] https://stockinvest.us/stock/HOFT