Haverty Furniture Companies Stock Technical Analysis

HVT Stock  USD 31.16  0.75  2.47%   
As of the 19th of April, Haverty Furniture retains the Market Risk Adjusted Performance of (0.08), standard deviation of 2.15, and Risk Adjusted Performance of (0.03). Haverty Furniture technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for Haverty Furniture, which can be compared to its competitors. Please check out Haverty Furniture risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if Haverty Furniture is priced fairly, providing market reflects its last-minute price of 31.16 per share. Given that Haverty Furniture Companies has information ratio of (0.09), we strongly advise you to confirm Haverty Furniture's regular market performance to make sure the company can sustain itself at a future point.

Haverty Furniture Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Haverty, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Haverty
  
Haverty Furniture's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Haverty Furniture Analyst Consensus

Target PriceAdvice# of Analysts
40.0Strong Buy1Odds
Haverty Furniture Companies current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Haverty analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Haverty stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Haverty Furniture, talking to its executives and customers, or listening to Haverty conference calls.
Haverty Analyst Advice Details
Haverty Furniture technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Haverty Furniture technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Haverty Furniture trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Haverty Furniture Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Haverty Furniture volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Haverty Furniture Trend Analysis

Use this graph to draw trend lines for Haverty Furniture Companies. You can use it to identify possible trend reversals for Haverty Furniture as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Haverty Furniture price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Haverty Furniture Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Haverty Furniture Companies applied against its price change over selected period. The best fit line has a slop of   0.07  , which may imply that the returns on investment in Haverty Furniture Companies will continue to fail. It has 122 observation points and a regression sum of squares at 177.99, which is the sum of squared deviations for the predicted Haverty Furniture price change compared to its average price change.

About Haverty Furniture Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Haverty Furniture Companies on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Haverty Furniture Companies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Haverty Furniture price pattern first instead of the macroeconomic environment surrounding Haverty Furniture. By analyzing Haverty Furniture's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Haverty Furniture's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Haverty Furniture specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2024 (projected)
Dividend Yield0.07460.0695
Price To Sales Ratio0.430.37

Haverty Furniture April 19, 2024 Technical Indicators

Most technical analysis of Haverty help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Haverty from various momentum indicators to cycle indicators. When you analyze Haverty charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Haverty Furniture April 19, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Haverty stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Haverty Furniture is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Haverty Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Haverty Furniture Companies Stock. Highlighted below are key reports to facilitate an investment decision about Haverty Furniture Companies Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Haverty Furniture Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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When running Haverty Furniture's price analysis, check to measure Haverty Furniture's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Haverty Furniture is operating at the current time. Most of Haverty Furniture's value examination focuses on studying past and present price action to predict the probability of Haverty Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Haverty Furniture's price. Additionally, you may evaluate how the addition of Haverty Furniture to your portfolios can decrease your overall portfolio volatility.
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Is Haverty Furniture's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Haverty Furniture. If investors know Haverty will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Haverty Furniture listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.36)
Dividend Share
1.18
Earnings Share
3.36
Revenue Per Share
52.989
Quarterly Revenue Growth
(0.25)
The market value of Haverty Furniture is measured differently than its book value, which is the value of Haverty that is recorded on the company's balance sheet. Investors also form their own opinion of Haverty Furniture's value that differs from its market value or its book value, called intrinsic value, which is Haverty Furniture's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Haverty Furniture's market value can be influenced by many factors that don't directly affect Haverty Furniture's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Haverty Furniture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Haverty Furniture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Haverty Furniture's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.