(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 2024-07-03 View latest technical analysis
10 day averaged volume of Hormel Foods is 2203280
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Wed Jul 2024 | 30.24 | 30.60 | 30.64 | 30.16 | 0.33 times |
| 03 Wed Jul 2024 | 30.24 | 30.60 | 30.64 | 30.16 | 0.33 times |
| 02 Tue Jul 2024 | 30.55 | 30.49 | 30.66 | 30.35 | 0.811 times |
| 01 Mon Jul 2024 | 30.43 | 30.59 | 30.74 | 30.39 | 0.98 times |
| 28 Fri Jun 2024 | 30.49 | 30.18 | 30.51 | 30.08 | 1.478 times |
| 27 Thu Jun 2024 | 30.22 | 30.26 | 30.32 | 30.01 | 0.779 times |
| 26 Wed Jun 2024 | 30.22 | 30.26 | 30.37 | 30.13 | 0.859 times |
| 25 Tue Jun 2024 | 30.37 | 30.89 | 31.03 | 30.36 | 1.067 times |
| 24 Mon Jun 2024 | 30.96 | 30.64 | 31.11 | 30.61 | 1.106 times |
| 21 Fri Jun 2024 | 30.64 | 30.62 | 30.84 | 30.40 | 1.733 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 30.3, but if it comes above 30.3, then a intra day buy could be more profitable.
If you take a sell trade below 30.3, then use 30.3 as stoploss and 30.1 as target. However if you take a buy trade in stock , then use 30.3 as stoploss and 30.49 as target.
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 | 30.05 |
| Downside Intraday Target | 29.87 |
| Upside Intraday Target | 30.53 |
| Upside Intraday Target | 30.83 |
| Upside Intraday Target | 30.35 |
Weekly technical analysis of Hormel Foods (HRL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Wed Jul 2024 | 30.24 | 30.60 | 30.64 | 30.16 | 0.156 times |
| 03 Wed Jul 2024 | 30.24 | 30.59 | 30.74 | 30.16 | 0.401 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 |
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 |
| 03 Wed Jul 2024 | 30.24 | 30.59 | 30.74 | 30.16 | 0.115 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 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 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 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 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 getting stronger in this stock.
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
RSI is generating a SELL signal in short term but selling is losing 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 30.49 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 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 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 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 getting stronger in this stock.
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
RSI is generating a SELL signal in short term but selling is losing 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 30.49 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.