(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 2024-07-02 View latest technical analysis
10 day averaged volume of Hormel Foods is 2410170
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 30.55 | 30.49 | 30.66 | 30.35 | 0.741 times |
| 01 Mon Jul 2024 | 30.43 | 30.59 | 30.74 | 30.39 | 0.896 times |
| 28 Fri Jun 2024 | 30.49 | 30.18 | 30.51 | 30.08 | 1.351 times |
| 27 Thu Jun 2024 | 30.22 | 30.26 | 30.32 | 30.01 | 0.712 times |
| 26 Wed Jun 2024 | 30.22 | 30.26 | 30.37 | 30.13 | 0.785 times |
| 25 Tue Jun 2024 | 30.37 | 30.89 | 31.03 | 30.36 | 0.975 times |
| 24 Mon Jun 2024 | 30.96 | 30.64 | 31.11 | 30.61 | 1.011 times |
| 21 Fri Jun 2024 | 30.64 | 30.62 | 30.84 | 30.40 | 1.584 times |
| 20 Thu Jun 2024 | 30.48 | 30.33 | 30.72 | 30.26 | 0.784 times |
| 18 Tue Jun 2024 | 30.37 | 30.77 | 30.90 | 30.32 | 0.951 times |
My analysis of stock is bullish for shortterm, and stock might move up till 30.7 or till 31. Use a stoploss of 30.54 and if this stock hits its stoploss, then it can fall down till 30.35
Share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Target | 30.01 |
| Upside Target | 30.90 |
| Upside Target | 31.11 |
| Upside Target | 31.40 |
| Upside Target | 33.20 |
| Upside Target | 33.73 |
| Upside Target | 35.35 |
| Upside Target | 35.87 |
| Upside Target | 36.86 |
Intraday share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Intraday Target | 30.35 |
| Downside Intraday Target | 30.16 |
| Upside Intraday Target | 30.74 |
| Upside Intraday Target | 30.94 |
| Downside Intraday Target | 30.55 |
Weekly technical analysis of Hormel Foods (HRL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 30.55 | 30.59 | 30.74 | 30.35 | 0.339 times |
| 28 Fri Jun 2024 | 30.49 | 30.64 | 31.11 | 30.01 | 1.457 times |
| 21 Fri Jun 2024 | 30.64 | 30.77 | 30.90 | 30.26 | 1.895 times |
| 18 Tue Jun 2024 | 30.37 | 30.37 | 30.90 | 30.27 | 0.395 times |
| 14 Fri Jun 2024 | 30.48 | 30.58 | 30.82 | 30.14 | 0.855 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 |
| 02 Tue Jul 2024 | 30.55 | 30.59 | 30.74 | 30.35 | 0.084 times |
| 28 Fri Jun 2024 | 30.49 | 31.04 | 31.40 | 30.01 | 0.787 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 |
Scroll below to view daily charts
Price has moved up 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 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 neutral. A longer time frame might give a better analysis.
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 BUY signal for Hormel Foods in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Hormel Foods Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Hormel Foods in short term
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 30.5 and Hormel Foods (HRL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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 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 neutral. A longer time frame might give a better analysis.
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 BUY signal for Hormel Foods in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Hormel Foods Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Hormel Foods in short term
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 30.5 and Hormel Foods (HRL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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.