MillerKnoll Inc

Price broke below the consolidation floor on elevated volume and is now trading below key short-term EMAs and the 50-day SMA, confirming a medium-term bearish bias. Stage 4 decline signals continued selling pressure, and short-term timing favors joining the breakdown now. Secular uptrend remains intact above the rising 200-day MA, but further downside is likely until proven otherwise.

• ↑Q3 net sales $927M (+5.8% YoY) with orders and comp sales up 8%
• ↑Plans 14–15 new stores in FY26 to expand retail footprint
• ↓Orders declined 6.3% YoY in Q3, backlog down 10.8% indicating demand volatility