Is Hooker Furnishings Corp. technically bullish or bearish?
As of May 30, 2025, the trend is mildly bearish, with daily moving averages and weekly Bollinger Bands indicating bearish conditions, despite some mildly bullish signals from the weekly MACD and monthly RSI.
As of 30 May 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish outlook and the weekly Bollinger Bands also reflecting a mildly bearish condition. The MACD on the weekly chart is mildly bullish, but the monthly MACD remains bearish, suggesting mixed signals. The RSI shows no signal on the weekly timeframe but is bullish on the monthly, indicating potential for upward movement. Overall, while there are some mildly bullish indicators on the weekly charts, the prevailing trend remains bearish, particularly in the daily and monthly contexts.
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