HNI Corporation (HNI)

HNI Corporation is trading at $48.19, up 1.41% on the session. The 50 day average sits at $39.68 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 70.7, which reads as overbought, and MACD is bullish crossover. Volume is below average.

The nearest support is around $47.48 with resistance near $50.41, so that band frames the current range. Average daily movement is roughly $1.72, or about 3.6% of the share price, which is what any stop placement has to allow for. The overall health score of 71 out of 100 combines a trend score of 75, momentum of 78 and a risk score of 56.

HNI Corporation, together with its subsidiaries, engages in the manufacture, sale, and marketing of workplace furnishings and residential building products primarily in the United States and Canada. The company operates in two segments, Workplace Furnishings and Residential Building Products. Its Workplace Furnishings segment offers panel panel-based and freestanding furniture systems, seating, benching, tables, architectural products, storage, ancillary products, hospitality products, and social collaborative items through a system of independent dealers, company-owned dealers, and office product distributors, as well as directly to end-user customers and governments. The Residential Building Products segment provides various gas, wood, electric, and pellet-fueled fireplaces, inserts, stoves, facings, outdoor fire pits and fire tables, and accessories through a national of independent dealers and distributors, as well as corporation-owned installing distribution and retail outlets. It sells its products under the Allsteel, AMQ, Beyond, Coalesse, D'style, David Edward, Designtex, Gunlocke, HALCON, HBF, HBF Textiles, HON, Interwoven, Kimball, Kimball Hospitality, National, Orangebox, Smith System, Steelcase, Viccarbe brand names. The company was incorporated in 1944 and is headquartered in Muscatine, Iowa.