(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 2024-06-11 View latest technical analysis
10 day averaged volume of Hormel Foods is 3989190
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Tue Jun 2024 | 30.65 | 30.44 | 30.67 | 30.35 | 0.444 times |
| 10 Mon Jun 2024 | 30.58 | 30.58 | 30.64 | 30.14 | 0.606 times |
| 07 Fri Jun 2024 | 30.64 | 30.66 | 31.10 | 30.52 | 0.471 times |
| 06 Thu Jun 2024 | 30.88 | 30.66 | 31.05 | 30.48 | 0.505 times |
| 05 Wed Jun 2024 | 30.60 | 30.65 | 30.74 | 30.41 | 0.782 times |
| 04 Tue Jun 2024 | 30.74 | 30.78 | 31.09 | 30.72 | 0.595 times |
| 03 Mon Jun 2024 | 30.91 | 31.04 | 31.40 | 30.57 | 0.776 times |
| 31 Fri May 2024 | 30.98 | 30.71 | 31.34 | 30.65 | 2.293 times |
| 30 Thu May 2024 | 30.79 | 33.68 | 33.84 | 30.51 | 2.364 times |
| 29 Wed May 2024 | 34.10 | 34.44 | 34.55 | 34.02 | 0.945 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 30.9, but if it comes above 30.9, then a intra day buy could be more profitable.
If you take a sell trade below 30.9, then use 30.9 as stoploss and 28 as target. However if you take a buy trade in stock , then use 30.9 as stoploss and 33.39 as target.
Share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Target | 28.51 |
| Downside Target | 30.14 |
| Upside Target | 31.40 |
| Upside Target | 33.20 |
| Upside Target | 34.70 |
| Upside Target | 35.35 |
| Upside Target | 35.47 |
| 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 | 30.3 |
| Downside Intraday Target | 29.96 |
| Upside Intraday Target | 30.83 |
| Upside Intraday Target | 31.02 |
| Downside Intraday Target | 30.49 |
Weekly technical analysis of Hormel Foods (HRL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Tue Jun 2024 | 30.65 | 30.58 | 30.67 | 30.14 | 0.336 times |
| 07 Fri Jun 2024 | 30.64 | 31.04 | 31.40 | 30.41 | 0.499 times |
| 31 Fri May 2024 | 30.98 | 34.99 | 35.00 | 30.51 | 1.979 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 |
Price has moved up 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 |
| 11 Tue Jun 2024 | 30.65 | 31.04 | 31.40 | 30.14 | 0.279 times |
| 31 Fri May 2024 | 30.98 | 35.34 | 36.86 | 30.51 | 1.083 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 |
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 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 mid to longer 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.
ADX buy sell signal for Hormel Foods stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Hormel Foods in short term and the sell signal is strong.
Hormel Foods Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Hormel Foods in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Hormel Foods is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 31.12 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 negative.
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 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 mid to longer 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.
ADX buy sell signal for Hormel Foods stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Hormel Foods in short term and the sell signal is strong.
Hormel Foods Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Hormel Foods in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Hormel Foods is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 31.12 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.