HNI CORP (HNI)
US4042511000 - Common Stock
Taking everything into account, HNI scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, HNI has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, HNI did better than 93% of all other stocks.
HNI is part of the Commercial Services & Supplies industry. There are 80 other stocks in this industry. HNI outperforms 88% of them.
HNI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
HNI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
HNI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 39.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 39.57, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
32.63
40.12
3 important support areas can be observed.
- A support zone ranging from 38.72 to 39.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 33.96 to 34.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @32.96 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.70 to 39.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.03
Mansfield1.99
10 Day High39.84
10 Day Low38.55
20 Day High39.87
20 Day Low37.38
52 Week High39.87
52 Week Low24.61
Performance
1 Week0.99%
2 Weeks1.04%
1 Month5.25%
3 Month19.4%
6 Month48.82%
12 Month36.3%
2 Year-5.61%
3 Year15.18%
5 Year12.02%
10 Year2.21%
15 Year150.57%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.11
RSI(14)67.56
LBB38.28
UBB40.01
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 39.73 | 38.71 | 1.02 (2.57%) | 25.00% |
| An entry @39.73. This is a Buy Stop order right above the resistance zone. | An exit @38.71. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.02 points, which is 2.57%. | For a 0.64% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of HNI. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
HNI CORP
NYSE:HNI (12/1/2023, 7:04:00 PM)
After market: 39.69 0 (0%)39.69
+0.62 (+1.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg1.59%
1 Week0.99%
2 Weeks1.04%
1 Month5.25%
3 Month19.4%
6 Month48.82%
12 Month36.3%
2 Year-5.61%
3 Year15.18%
5 Year12.02%
10 Year2.21%
15 Year150.57%
Volatility
ATR(14)0.73
ATR(20)%1.78%
ATR Inc5%
Range Today1.01
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.03
Mansfield1.99
10 Day High39.84
10 Day Low38.55
20 Day High39.87
20 Day Low37.38
52 Week High39.87
52 Week Low24.61
CS1 End39.57
CR1 Start39.7
Volume & EV
DER(3)0.13%
DER(5)-0.26%
Volume253.00K
Volume Incr18.66%
Vol(5)284.30K
Vol(50)232.92K