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TMCNet:  Uptrend Call Working As HNI Stock Rises 18.2% (HNI)

[April 24, 2013]

Uptrend Call Working As HNI Stock Rises 18.2% (HNI)

Apr 24, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for HNI (NYSE:HNI) on November 1st, 2012 at $28.16. In approximately 6 months, HNI has returned 18.24% as of today's recent price of $33.29.

Over the past year, HNI has traded in a range of $21.57 to $35.74 and is now at $33.29, 54% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has risen 0.3%.

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 shifts in the trajectory of HNI shares.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.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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