HNI CORP (HNI) Stock Technical Analysis
NYSE:HNI - New York Stock Exchange, Inc. - US4042511000 - Common Stock - Currency: USD
Overall HNI gets a technical rating of 8 out of 10. Although HNI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
In the last month HNI has a been trading in the 45.92 - 52.98 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that HNI is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this relatively good performance is mostly due to a recent big move.
HNI is an average performer in the Commercial Services & Supplies industry, it outperforms 59% of 83 stocks in the same industry.
HNI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HNI is lagging the market.
HNI has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
41.71
52.18
When analyzing the support we can see 2 important areas.
- A support zone ranging from 45.52 to 45.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 42.13 to 42.50. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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 | UP | POSITIVE | The long term trend for HNI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HNI is up. |
| ChartMill Relative Strength | 71.72 | POSITIVE | HNI has a high relative strength, it outperformed 71.72% 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) | UP | POSITIVE | The current price of HNI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of HNI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.07 | NEUTRAL | The RSI value for HNI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests HNI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.37 | OVERBOUGHT | The high Stochastics value suggests HNI may be overbought. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for HNI suggests some volalility. |
| Average Directional Index/ADX (14) | 28.19 | 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)
51.66
-0.76 (-1.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-1.45%
1 Week-0.84%
2 Weeks3.92%
1 Month7.85%
3 Month22.74%
6 Month11.75%
12 Month8.67%
2 Year77.59%
3 Year46.26%
5 Year73.94%
10 Year4.17%
15 Year99.92%
Volatility
ATR(14)1.24
ATR(20)%2.23%
ATR Inc-3.14%
Range Today0.78
ADR(20)1.09
ADR(20)%2.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.72
Mansfield-0.34
10 Day High52.98
10 Day Low48.83
20 Day High52.98
20 Day Low45.92
52 Week High58.42
52 Week Low39.76
CS1 End45.53
CR1 StartN/A
Volume & EV
DER(3)-3.03%
DER(5)-0.93%
Volume163.00K
Volume Incr-32.14%
Vol(5)214.16K
Vol(50)306.38K