HNI CORP (HNI) Technical Analysis
NYSE:HNI • US4042511000
Current stock price
HNI Technical Rating and Analysis
Taking everything into account, HNI scores 0 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, HNI is a bad performer in the overall market: 83% of all stocks are doing better.
- HNI is part of the Commercial Services & Supplies industry. There are 82 other stocks in this industry, of which 60% are performing better than HNI.
- HNI is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so HNI is lagging the market.
- In the last month HNI has a been trading in the 33.72 - 49.70 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
HNI Weekly and Daily overview Charts
HNI Setup Rating and Analysis
The technical rating of HNI is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
HNI Support and Resistance Analysis
33.65
We can see 2 important resistance areas.
- A resistance zone ranging from 43.18 to 43.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 52.15 to 52.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
HNI Technical Indicator Signal Analysis
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 | 17.01 | NEGATIVE | HNI has a low relative strength, it was outperformed by 82.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HNI is below 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) | 10.8 | OVERSOLD | The low RSI value suggests HNI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.85 | NEGATIVE | The MACD value suggests HNI has a negative trend. |
| Stochastics (14,3) | 1.92 | OVERSOLD | The low Stochastics value suggests HNI may be oversold. |
| Average True Range in percent/ATR (20) | 5.01 | HIGH VOLATILITY | The high ATR as a percentage value for HNI suggests high volalility. |
| Average Directional Index/ADX (14) | 54.57 | POSITIVE | The high ADX value value for HNI suggests a strong trend. |
HNI Chart- and CandleStick Pattern Analysis
HNI Technicals: Chart, Performance Metrics, Trend & Indicators
33.99
-0.52 (-1.51%)
HNI CORP / HNI TA FAQ
What is the technical rating for HNI stock?
ChartMill assigns a technical rating of 0 / 10 to HNI.
Can you provide the trend direction for HNI CORP?
The current trend direction for HNI CORP (HNI) is Bearish.
What is the RSI signal for HNI stock?
HNI CORP (HNI) has an RSI value of 10.7983. This indicates that the stock is currently oversold.
Can you provide the short term momentum for HNI CORP?
The short term momentum for HNI CORP (HNI) is negative.
Can you provide the support and resistance levels for HNI CORP?
HNI CORP (HNI) has a resistance level at 43.18. Check the full technical report for our detailed analysis of HNI support and resistance levels.