Technical Analysis for MLHR - Herman Miller, Inc.

Grade Last Price % Change Price Change
grade A 31.77 -7.97% -2.75
MLHR closed down 7.97 percent on Monday, September 21, 2020, on 1.82 times normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical MLHR trend table...

Date Alert Name Type % Chg
Bearish Engulfing Bearish 0.00%
Slingshot Bullish Bullish Swing Setup 0.00%
Upper Bollinger Band Walk Strength 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Volume Surge Other -7.97%
Calm After Storm Range Contraction -7.97%
Upper Bollinger Band Walk Strength -7.97%
Wide Bands Range Expansion -7.97%
Older End-of-Day Gignals for MLHR ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 5% about 19 hours ago
Down 1 ATR about 20 hours ago
Down 3% about 20 hours ago
60 Minute Opening Range Breakdown about 20 hours ago
2x Volume Pace about 23 hours ago
View Earlier Intraday Alerts

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Profile

Herman Miller, Inc. engages in the research, design, manufacture, and distribution of office furniture systems, seating products, textiles, and related services worldwide. It provides modular systems under the Action Office, Canvas Office Landscape, Ethospace, Resolve, and My Studio Environments; seating products under the Embody, Aeron, Mirra, Setu, Sayl, Celle, Equa, and Ergon; and storage products under the Meridian and Tu names. The company also offers wooden casegoods under the Geiger; freestanding furniture products under the Abak, Intent, Sense, and Envelop; and healthcare products under the Compass, Nala, and Nemschoff names, as well as provides Thrive portfolio of ergonomic solutions. It markets its products for office, healthcare, educational, and residential settings through its sales staff, own dealer network, independent dealers and retailers, and independent contract office furniture dealers, as well as through Internet. The company was founded in 1905 and is headquartered in Zeeland, Michigan.
Healthcare Design Healthcare Products Industrial Design Michigan Storage Products Furniture Products Ergon Zeeland

Is MLHR 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 49.87
52 Week Low 14.39
Average Volume 1,272,501
200-Day Moving Average 28.76
50-Day Moving Average 24.37
20-Day Moving Average 25.41
10-Day Moving Average 26.59
Average True Range 1.79
ADX 24.59
+DI 47.31
-DI 17.77
Chandelier Exit (Long, 3 ATRs ) 29.86
Chandelier Exit (Short, 3 ATRs ) 27.28
Upper Bollinger Band 32.62
Lower Bollinger Band 18.20
Percent B (%b) 0.94
BandWidth 56.75
MACD Line 1.82
MACD Signal Line 0.69
MACD Histogram 1.125
Fundamentals Value
Market Cap 1.9 Billion
Num Shares 59.7 Million
EPS 2.00
Price-to-Earnings (P/E) Ratio 15.89
Price-to-Sales 0.93
Price-to-Book 3.45
PEG Ratio 0.31
Dividend 0.72
Dividend Yield 2.27%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 36.45
Resistance 3 (R3) 36.92 35.83 35.67
Resistance 2 (R2) 35.83 34.63 35.59 35.41
Resistance 1 (R1) 33.80 33.90 33.25 33.33 35.15
Pivot Point 32.70 32.70 32.43 32.47 32.70
Support 1 (S1) 30.68 31.51 30.13 30.21 28.39
Support 2 (S2) 29.58 30.77 29.35 28.13
Support 3 (S3) 27.55 29.58 27.87
Support 4 (S4) 27.09