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HNI Has Returned 22.0% Since SmarTrend Recommendation (HNI)

By Amy Schwartz

SmarTrend identified a Downtrend for HNI (NYSE:HNI) on January 17th, 2017 at $51.29. In approximately 5 months, HNI has returned 22.01% as of today's recent price of $40.00.

In the past 52 weeks, HNI share prices have been bracketed by a low of $29.84 and a high of $56.96 and are now at $40.00, 34% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 2.0%.

HNI Corporation manufactures and markets office furniture as well as hearth products. The Company's products are sold primarily through dealers, wholesalers, and retail superstores. HNI has operations in the United States and Canada.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of HNI.

Log in and add HNI (HNI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights

Ticker(s): HNI