(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 2024-06-14 View latest technical analysis
10 day averaged volume of Hormel Foods is 3012890
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 30.48 | 30.65 | 30.74 | 30.35 | 0.723 times |
| 13 Thu Jun 2024 | 30.65 | 30.50 | 30.76 | 30.25 | 0.744 times |
| 12 Wed Jun 2024 | 30.50 | 30.81 | 30.82 | 30.41 | 0.687 times |
| 11 Tue Jun 2024 | 30.65 | 30.44 | 30.67 | 30.35 | 0.588 times |
| 10 Mon Jun 2024 | 30.58 | 30.58 | 30.64 | 30.14 | 0.803 times |
| 07 Fri Jun 2024 | 30.64 | 30.66 | 31.10 | 30.52 | 0.623 times |
| 06 Thu Jun 2024 | 30.88 | 30.66 | 31.05 | 30.48 | 0.669 times |
| 05 Wed Jun 2024 | 30.60 | 30.65 | 30.74 | 30.41 | 1.035 times |
| 04 Tue Jun 2024 | 30.74 | 30.78 | 31.09 | 30.72 | 0.788 times |
| 03 Mon Jun 2024 | 30.91 | 31.04 | 31.40 | 30.57 | 1.028 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 30.2 as stoploss in an intra day buy trade for a target of 32.6. However, stock will show a bearish move below 30.2.
Share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Target | 28.51 |
| Downside Target | 30.14 |
| Upside Target | 33.20 |
| Upside Target | 34.70 |
| Upside Target | 35.00 |
| 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 | 30.14 |
| Downside Intraday Target | 29.8 |
| Upside Intraday Target | 30.82 |
| Upside Intraday Target | 31.16 |
| Downside Intraday Target | 30.48 |
Weekly technical analysis of Hormel Foods (HRL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 30.48 | 30.58 | 30.82 | 30.14 | 0.855 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 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 |
| 14 Fri Jun 2024 | 30.48 | 31.04 | 31.40 | 30.14 | 0.388 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Hormel Foods ( (HRL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 gaining momentum.
MACD generated a SELL signal for Hormel Foods in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 negative zone. This is the SELL 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 30.67 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Hormel Foods ( (HRL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 gaining momentum.
MACD generated a SELL signal for Hormel Foods in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 negative zone. This is the SELL 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 30.67 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.