HNI CORP (HNI) Stock Technical Analysis
NYSE:HNI - US4042511000 - Common Stock
44.94 USD
+0.21 (+0.47%)
44.94 USD
0 (0%)
We assign a technical rating of 0 out of 10 to HNI. HNI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
84% of all other stocks performed better in the past year than HNI.
HNI is one of the lesser performing stocks in the Commercial Services & Supplies industry. 69% of 84 stocks in the same industry do better.
HNI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
HNI is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Although the technical rating is bad, HNI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 43.29, a Stop Loss order could be placed below this zone.
More info and screens
39.85
52.20
4 important support areas can be observed.
- A support zone ranging from 43.18 to 43.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @42.13 from a horizontal line in the weekly time frame.
- Support @41.19 from a horizontal line in the weekly time frame.
- Support @40.25 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 44.95 to 44.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 51.26 to 51.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for HNI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HNI is down. |
| ChartMill Relative Strength | 16.16 | NEGATIVE | HNI has a low relative strength, it was outperformed by 83.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HNI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HNI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HNI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.71 | NEUTRAL | The RSI value for HNI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests HNI has a positive trend. |
| Stochastics (14,3) | 77.89 | NEUTRAL | The Stochastics value for HNI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.58 | MEDIUM VOLATILITY | The ATR as a percentage value for HNI suggests some volalility. |
| Average Directional Index/ADX (14) | 39.94 | POSITIVE | The high ADX value value for HNI suggests a strong trend. |
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)
44.94
+0.21 (+0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0.47%
1 Week2.11%
2 Weeks-0.47%
1 Month-12.84%
3 Month-3.42%
6 Month-3.54%
12 Month-16.55%
2 Year37.18%
3 Year40.44%
5 Year41.1%
10 Year-3.85%
15 Year92.3%
Volatility
ATR(14)1
ATR(20)%3.58%
ATR Inc-33.09%
Range Today0.61
ADR(20)1.44
ADR(20)%3.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.16
Mansfield-1.62
10 Day High45.13
10 Day Low43.35
20 Day High51.58
20 Day Low40.05
52 Week High58.42
52 Week Low39.76
CS1 End43.29
CR1 Start44.95
Volume & EV
DER(3)-1.44%
DER(5)-0.54%
Volume650.00K
Volume Incr3.46%
Vol(5)856.60K
Vol(50)564.91K