Hillenbrand Inc. (HI) ended 2016 with a bullish push, but has been in a sideways market in 2017. Hillenbrand Inc. (HI) Daily Chart(click to enlarge)Range:- As we can see on the daily chart, price has been ranging roughly between 35 and 39. - As price retreats from around 39 again, it is now heading back towards the range support.Bullish Bias:- So far, the market has been showing a bullish bias. - First of all, there was a bullish push at the end of 2016 that broke above 2-year highs. - Since the breakout, price has been trading above the 200-day simple moving average (SMA). - The RSI has tagged above 70 and has held above 40. - Still, we should treat the market as sideways in 2017.- But even in a sideways market, we can anticipate a bullish outlook as price approaches range support.