HNI Corp

In a Stage 2 advancing regime with an overall uptrend, medium-term bias remains bullish, supported by persistent higher highs and rising EMAs. However, the recent Support Failure at a key horizontal zone, extreme overbought conditions, and an exhaustion candle signal a likely pullback. Price is retracing into the rising 9- and 21-EMAs, establishing a structurally favorable entry zone. Execution should be deferred (Stalk) for a disciplined entry on a pullback into support.

• ↑Steelcase integration driving $120M in annual operational synergies
• ↑Q2 2025 non-GAAP EPS up 41% YoY, showing recovery
• ↓Residential building products margin expected to compress YoY