MACD Indicator Revealing a “Sell” on Shares of Haverty Furniture Companies, Inc. (HVT)

Looking at the longer-term MACD oscillator indicator on shares of Haverty Furniture Companies, Inc. (HVT), we can see the reading is currently Sell. The MACD is generally used to gauge bullish or bearish price movements. The direction of the MACD signal is currently Strengthening. Taking a peek at the 50-day parabolic time/price signal, we can see the signal is presently displaying a Sell. Let’s take a quick look at some recent stock price activity. At the time of writing, the high price for the current session is 21.34. On the other end of the spectrum, the low price for the session is currently 19.93. After noting recent price levels, we can see that the change from today’s open is presently -1.2.

When looking back historically at the stock market, it is easy to see that there are always extended periods of upturns and downturns. The speed at which the market can shift can cause even the most experienced investors stomachs to turn. When times are good and markets are rising, it can be easy to forget that a downturn may be just around the corner. Being prepared for sudden changes can help the investor plan for the unknown as best they can. Getting caught off guard can be extremely disconcerting and lead to irrational decision making. There is rarely any substitute for extensive study and focused dedication. Investors who put in the extra time to create a backup plan may be better able to traverse the road when the market environment inevitably shifts.

Keeping tabs on some alternate data, we can see that the stock has a current weighted alpha of -15.49. The weighted alpha measures how much shares have increased or decreased over the full year time frame. The weighting assigns greater emphasis on more recent activity giving a more relevant measure for short-term technical analysts to use. A positive weighted alpha reading indicates that the stock has risen over the last year. A negative reading would indicate that the stock is down over that same time period. Technical traders often use the weighted alpha to help identify stocks that are building momentum.

Investors may be trying to identify volume trends over time. Some investors may look for consistency, while others may be interested in peculiar activity. Taking a look at some historical average volume numbers, Haverty Furniture Companies, Inc. (HVT) has a 1 month average of 99879, a 3 month average of 84943. Focusing on another technical indicator, the stock currently has a 9 day raw stochastic value of 0.45%. This value (ranging from 0-100%) shows where the stock price closed relative to the price range over the given period.

The current analyst rating on shares of Haverty Furniture Companies, Inc. (HVT) is 3. This is based on a scale where a 5 would indicate a Strong Buy, a 4 would equal a Moderate Buy, 3 a hold, 2 a moderate sell, and a rating of 1 would indicate a Strong Sell. Investors often like to keep track of what the sell-side analysts think about certain stocks. Professional Street analysts that cover specific stocks may have deeper knowledge regarding the current health of the company. Analysts may be more active around earnings report periods. They will often make updates to estimates prior to and after a company’s quarterly release. Shifting gears, we can take a brief look at how the stock has fared over the past year. After a recent look, we have noted that the stock’s high price over the past 52-weeks is presently 24.75. Over the same period, shares have dipped to a low of 17.7. Investors and analysts will be curious to see how shares perform heading into the second half of the calendar year.

Investors may be trying to figure out how long the stock market bull run will continue. There are plenty of commentators who think that a downturn is coming soon, but there are plenty who believe that the market still has plenty of room to push higher. Preparing the portfolio for any market scenario can help ease the investor’s mind. Putting in the time to research investments as well as global economic data might help keep focus clear when things get cloudy. Closing in on the end of the year, investors may be conducting year-end portfolio reviews. Figuring out what has worked and what adjustments can be made may help iron out the wrinkles heading into the next few quarters.