(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 2024-08-13 View latest technical analysis
10 day averaged volume of Hormel Foods is 2171740
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Tue Aug 2024 | 31.80 | 32.40 | 32.46 | 31.50 | 1.268 times |
| 12 Mon Aug 2024 | 31.25 | 31.98 | 32.09 | 31.20 | 0.705 times |
| 09 Fri Aug 2024 | 32.03 | 31.93 | 32.10 | 31.59 | 0.622 times |
| 08 Thu Aug 2024 | 31.97 | 31.80 | 32.24 | 31.68 | 0.673 times |
| 07 Wed Aug 2024 | 31.97 | 31.80 | 32.28 | 31.62 | 0.879 times |
| 06 Tue Aug 2024 | 31.80 | 32.15 | 32.42 | 31.77 | 1.292 times |
| 05 Mon Aug 2024 | 32.10 | 32.78 | 33.14 | 31.90 | 1.344 times |
| 02 Fri Aug 2024 | 32.87 | 32.75 | 32.98 | 32.08 | 0.752 times |
| 01 Thu Aug 2024 | 32.46 | 32.20 | 32.56 | 32.05 | 0.751 times |
| 31 Wed Jul 2024 | 32.11 | 32.02 | 32.26 | 31.89 | 2.027 times |
My analysis of stock is bearish for shortterm, and stock might move down till 31.5 or till 31.1. Use a stoploss of 31.92 and if the stock hits stoploss, then it can shoot up till 32.31
Share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Target | 29.98 |
| Upside Target | 32.37 |
| Upside Target | 32.46 |
| 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 | 31.18 |
| Downside Intraday Target | 30.56 |
| Upside Intraday Target | 32.44 |
| Upside Intraday Target | 33.08 |
| Upside Intraday Target | 31.82 |
Weekly technical analysis of Hormel Foods (HRL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Tue Aug 2024 | 31.80 | 31.98 | 32.46 | 31.20 | 0.41 times |
| 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 |
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 |
| 13 Tue Aug 2024 | 31.80 | 32.20 | 33.14 | 31.20 | 0.383 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Hormel Foods stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Hormel Foods in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 but selling is losing 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 32.03 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Hormel Foods stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Hormel Foods in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 but selling is losing 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 32.03 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.