Is HNI Corp. technically bullish or bearish?

As of 12 September 2025, the technical trend for HNI Corp. has changed from sideways to bearish. The weekly MACD is bearish, and the daily moving averages also indicate a bearish stance. Bollinger Bands and KST are both mildly bearish on a weekly basis, while the monthly indicators show a mildly bearish trend as well. The Dow Theory presents a mildly bullish signal on the weekly timeframe, but overall, the prevailing sentiment is bearish.
In terms of performance, HNI Corp. has underperformed the S&P 500 across multiple periods, with a year-to-date return of -8.95% compared to the S&P 500's 12.22%, and a one-year return of -13.50% against the S&P 500's 17.14%. This further supports the bearish outlook.