NYSE:HNI - New York Stock Exchange, Inc. - US4042511000 - Common Stock - Currency: USD
Overall HNI gets a technical rating of 6 out of 10. HNI has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Although the technical rating is only medium, HNI does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
39.85
When analyzing the support we can see 3 important areas.
2 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The long term trend for HNI is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HNI is up. |
ChartMill Relative Strength | 53.26 | NEUTRAL | HNI is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of HNI is above the rising 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) | 58.39 | NEUTRAL | The RSI value for HNI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests HNI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 47.07 | NEUTRAL | The Stochastics value for HNI is a neutral value. |
Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for HNI suggests some volalility. |
Average Directional Index/ADX (14) | 28.22 | POSITIVE | The high ADX value value for HNI suggests a strong trend. |
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 |
---|---|---|---|
48.93 | 45.33 | 3.60 (7.36%) | 13.59% |
An entry @48.93. This is a Buy Stop order right above the resistance zone. | An exit @45.33. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.60 points, which is 7.36%. | When investing 13.59% of your capital in this trade, your total portfolio risk will be 1.00%. |
47.16
+1.63 (+3.58%)