(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 2024-08-09 View latest technical analysis
10 day averaged volume of Hormel Foods is 2248050
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 32.03 | 31.93 | 32.10 | 31.59 | 0.601 times |
| 08 Thu Aug 2024 | 31.97 | 31.80 | 32.24 | 31.68 | 0.65 times |
| 07 Wed Aug 2024 | 31.97 | 31.80 | 32.28 | 31.62 | 0.849 times |
| 06 Tue Aug 2024 | 31.80 | 32.15 | 32.42 | 31.77 | 1.248 times |
| 05 Mon Aug 2024 | 32.10 | 32.78 | 33.14 | 31.90 | 1.298 times |
| 02 Fri Aug 2024 | 32.87 | 32.75 | 32.98 | 32.08 | 0.727 times |
| 01 Thu Aug 2024 | 32.46 | 32.20 | 32.56 | 32.05 | 0.725 times |
| 31 Wed Jul 2024 | 32.11 | 32.02 | 32.26 | 31.89 | 1.958 times |
| 30 Tue Jul 2024 | 32.02 | 31.74 | 32.11 | 31.58 | 0.924 times |
| 29 Mon Jul 2024 | 31.90 | 31.93 | 32.09 | 31.74 | 0.895 times |
My analysis of stock is bullish for shortterm, and stock might move up till 32.3 or till 32.9. Use a stoploss of 31.86 and if this stock hits its stoploss, then it can fall down till 31.38
Share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Target | 29.98 |
| Upside Target | 32.37 |
| Upside Target | 32.65 |
| Upside Target | 32.98 |
| Upside Target | 33.14 |
| Upside Target | 33.73 |
| Upside Target | 35.87 |
| Upside Target | 36.86 |
Intraday share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Intraday Target | 31.37 |
| Downside Intraday Target | 30.7 |
| Upside Intraday Target | 32.92 |
| Upside Intraday Target | 33.8 |
| Upside Intraday Target | 32.25 |
Weekly technical analysis of Hormel Foods (HRL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 32.03 | 32.78 | 33.14 | 31.59 | 0.888 times |
| 02 Fri Aug 2024 | 32.87 | 31.93 | 32.98 | 31.58 | 1.275 times |
| 26 Fri Jul 2024 | 32.01 | 31.78 | 32.37 | 31.08 | 0.848 times |
| 19 Fri Jul 2024 | 31.79 | 30.79 | 32.65 | 30.53 | 0.953 times |
| 12 Fri Jul 2024 | 30.97 | 30.36 | 31.27 | 29.98 | 4.797 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 |
| 09 Fri Aug 2024 | 32.03 | 32.20 | 33.14 | 31.59 | 0.292 times |
| 31 Wed Jul 2024 | 32.11 | 30.59 | 32.65 | 29.98 | 1 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 |
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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Hormel Foods in short term and the buy signal is strong.
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 moving up
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 and selling is picking up 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 32.1 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 is giving positive 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Hormel Foods in short term and the buy signal is strong.
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 moving up
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 and selling is picking up 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 32.1 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 is giving positive 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.