HNI CORP (HNI) Stock Technical Analysis
USA - NYSE:HNI - US4042511000 - Common Stock
45.86 USD
+1.1 (+2.46%)
45.86 USD
0 (0%)
Taking everything into account, HNI scores 1 out of 10 in our technical rating. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, HNI is a bad performer in the overall market: 82% of all stocks are doing better.
HNI is one of the lesser performing stocks in the Commercial Services & Supplies industry. 61% 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.
In the last month HNI has a been trading in the 43.35 - 47.23 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
HNI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 45.74, a Stop Loss order could be placed below this zone.
More info and screens
40.78
53.04
We found 4 important support areas.
- A support zone ranging from 45.31 to 45.74. 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 43.58 to 43.76. 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.
We can see 2 important resistance areas.
- A resistance zone ranging from 51.26 to 51.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 52.33 to 52.51. 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 | NEUTRAL | NEUTRAL | The short term trend for HNI is neutral. |
| ChartMill Relative Strength | 18.4 | NEGATIVE | HNI has a low relative strength, it was outperformed by 81.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HNI is above the rising 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) | 50.92 | NEUTRAL | The RSI value for HNI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests HNI has a positive trend. |
| Stochastics (14,3) | 39.68 | NEUTRAL | The Stochastics value for HNI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for HNI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.95 | NEUTRAL | The ADX value for HNI suggests a possible start of a new 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)
45.86
+1.1 (+2.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg2.46%
1 Week-0.37%
2 Weeks-0.8%
1 Month4.2%
3 Month-1.16%
6 Month5.77%
12 Month-12.31%
2 Year32.43%
3 Year72.99%
5 Year46.14%
10 Year6.9%
15 Year59.46%
Volatility
ATR(14)1.06
ATR(20)%2.19%
ATR Inc49.1%
Range Today1.09
ADR(20)0.98
ADR(20)%2.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.4
Mansfield-1.52
10 Day High47.23
10 Day Low44.31
20 Day High47.23
20 Day Low43.35
52 Week High58.42
52 Week Low39.76
CS1 End45.74
CR1 Start51.26
Volume & EV
DER(3)0.77%
DER(5)0.28%
Volume703.70K
Volume Incr-15.14%
Vol(5)599.76K
Vol(50)660.01K