(HRL) Hormel Foods complete technical analysis [charts+indicators] | Buy/Sell Hormel Foods | (HRL) share price targets
Complete technical analysis of Hormel Foods (HRL) by charts plus indicators, forecast predictions and share price targets for Hormel Foods (HRL)
Hormel Foods trades in USA in Consumer Non Durables sector.
Showing technical analysis as on 2024-05-28 View latest technical analysis
10 day averaged volume of Hormel Foods is 2257032
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 34.70 | 34.99 | 35.00 | 34.33 | 1.17 times |
| 24 Fri May 2024 | 35.11 | 34.88 | 35.25 | 34.80 | 1.096 times |
| 23 Thu May 2024 | 34.75 | 35.25 | 35.33 | 34.70 | 1.015 times |
| 22 Wed May 2024 | 35.47 | 35.96 | 36.06 | 35.35 | 1.032 times |
| 21 Tue May 2024 | 36.43 | 36.77 | 36.80 | 36.18 | 1.036 times |
| 20 Mon May 2024 | 36.77 | 36.30 | 36.86 | 36.11 | 1.416 times |
| 17 Fri May 2024 | 36.31 | 36.09 | 36.33 | 35.89 | 1.259 times |
| 16 Thu May 2024 | 36.09 | 35.72 | 36.28 | 35.62 | 0.926 times |
| 15 Wed May 2024 | 35.60 | 35.83 | 35.94 | 35.47 | 0.738 times |
| 14 Tue May 2024 | 35.78 | 35.65 | 35.98 | 35.56 | 0.742 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 35, but if it comes above 35, then a intra day buy could be more profitable.
If you take a sell trade below 35, then use 35 as stoploss and 34.3 as target. However if you take a buy trade in stock , then use 35 as stoploss and 35.51 as target.
Share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Target | 28.51 |
| Downside Target | 30.15 |
| Downside Target | 33.02 |
| Upside Target | 35.47 |
| Upside Target | 35.69 |
| Upside Target | 35.71 |
| Upside Target | 35.87 |
| Upside Target | 36.00 |
| Upside Target | 36.33 |
| Upside Target | 36.86 |
Intraday share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Intraday Target | 34.35 |
| Downside Intraday Target | 34.01 |
| Upside Intraday Target | 35.02 |
| Upside Intraday Target | 35.35 |
| Downside Intraday Target | 34.68 |
Weekly technical analysis of Hormel Foods (HRL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 34.70 | 34.99 | 35.00 | 34.33 | 0.209 times |
| 24 Fri May 2024 | 35.11 | 36.30 | 36.86 | 34.70 | 1.27 times |
| 17 Fri May 2024 | 36.31 | 35.63 | 36.33 | 35.47 | 1.395 times |
| 10 Fri May 2024 | 35.63 | 35.31 | 35.71 | 34.59 | 0.646 times |
| 03 Fri May 2024 | 35.17 | 35.40 | 35.69 | 34.82 | 1.133 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Hormel Foods (HRL)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 34.70 | 35.34 | 36.86 | 34.33 | 0.678 times |
| 30 Tue Apr 2024 | 35.56 | 34.95 | 35.87 | 33.73 | 0.926 times |
| 28 Thu Mar 2024 | 34.89 | 35.32 | 35.35 | 33.20 | 0.735 times |
| 29 Thu Feb 2024 | 35.32 | 30.26 | 36.00 | 28.51 | 1.324 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Hormel Foods (HRL)
Price action analysis of Hormel Foods ( (HRL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Hormel Foods ( (HRL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Hormel Foods ( (HRL) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Hormel Foods ( (HRL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Hormel Foods stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Hormel Foods in short term but the sell signal is initial and weak.
Hormel Foods Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Hormel Foods in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Hormel Foods is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 35.74 and Hormel Foods (HRL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Hormel Foods (HRL) stock. Volume based technical analysis of Hormel Foods (HRL) stock is negative.
Hormel Foods Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Hormel Foods ( (HRL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Hormel Foods ( (HRL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Hormel Foods ( (HRL) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Hormel Foods ( (HRL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Hormel Foods stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Hormel Foods in short term but the sell signal is initial and weak.
Hormel Foods Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Hormel Foods in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Hormel Foods is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 35.74 and Hormel Foods (HRL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Hormel Foods (HRL) stock. Volume based technical analysis of Hormel Foods (HRL) stock is negative.
Hormel Foods Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.