Technical Analysis for HNI - HNI Corporation

Grade Last Price % Change Price Change
A 54.50 1.04% 0.56
HNI closed up 1.04 percent on Friday, July 26, 2024, on 2.26 times normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: Aug 6
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Calm After Storm Range Contraction 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
New 52 Week Closing High Bullish 1.04%
180 Bullish Setup Bullish Swing Setup 1.04%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 8 hours ago
1.5x Volume Pace about 8 hours ago
Possible Pocket Pivot about 9 hours ago
Down 1% about 11 hours ago
Fell Below Upper Bollinger Band about 11 hours ago

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Profile

HNI Corporation Description

HNI Corporation, together with its subsidiaries, engages in designing, manufacturing, and marketing office furniture and hearth products primarily in the United States, Canada, China, Hong Kong, India, and Taiwan. It operates in two segments, Office Furniture and Hearth Products. The Office Furniture segment offers a range of metal and wood commercial and home office furniture, which includes storage products, desks, credenzas, chairs, tables, bookcases, freestanding office partitions and panel systems, and other related products under the HON, Allsteel, Maxon, Gunlocke, Paoli, HBF, Artco Bell, Midwest Folding Products, LSI Corporation of America, basyx, Lamex, and ERGO brand names, as well as under private labels. This segment sells its products through independent, local office furniture, and office products dealers; national office product distributors; corporate accounts; wholesalers; and direct sales to federal, state, and local government offices. The Hearth Products segment provides various gas, electric, and wood burning fireplaces; inserts; stoves; facings; and accessories for the home under the Heatilator, Heat & Glo, Quadra-Fire, Harman Stove, and PelPro brand names. This segment markets its products through dealers and distributors, as well as through corporation-owned distribution and retail outlets. HNI Corporation was founded in 1944 and is headquartered in Muscatine, Iowa.


Classification

Sector: Industrials
Industry: Business Equipment
Keywords: Metals Retail Outlets Storage Products Home Office Office Products Product Distributors Hearth Products Panel Systems

Is HNI a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 54.77
52 Week Low 27.0579
Average Volume 249,545
200-Day Moving Average 41.92
50-Day Moving Average 46.00
20-Day Moving Average 47.70
10-Day Moving Average 50.05
Average True Range 1.52
RSI (14) 77.01
ADX 31.89
+DI 41.99
-DI 8.98
Chandelier Exit (Long, 3 ATRs) 50.21
Chandelier Exit (Short, 3 ATRs) 47.94
Upper Bollinger Bands 53.50
Lower Bollinger Band 41.90
Percent B (%b) 1.09
BandWidth 24.34
MACD Line 1.97
MACD Signal Line 1.28
MACD Histogram 0.6853
Fundamentals Value
Market Cap 2.54 Billion
Num Shares 46.6 Million
EPS 1.00
Price-to-Earnings (P/E) Ratio 54.50
Price-to-Sales 0.85
Price-to-Book 2.67
PEG Ratio 1.25
Dividend 1.28
Dividend Yield 2.35%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 57.31
Resistance 3 (R3) 57.09 55.93 56.84
Resistance 2 (R2) 55.93 55.21 56.04 56.69
Resistance 1 (R1) 55.22 54.77 55.57 55.44 56.53
Pivot Point 54.06 54.06 54.23 54.17 54.06
Support 1 (S1) 53.34 53.34 53.70 53.56 52.47
Support 2 (S2) 52.18 52.90 52.29 52.31
Support 3 (S3) 51.47 52.18 52.16
Support 4 (S4) 51.69