(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 2024-08-29 View latest technical analysis
10 day averaged volume of Hormel Foods is 1889850
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 32.19 | 32.59 | 32.71 | 32.08 | 0.953 times |
| 28 Wed Aug 2024 | 32.39 | 32.21 | 32.55 | 32.10 | 1.149 times |
| 27 Tue Aug 2024 | 32.21 | 32.38 | 32.40 | 32.03 | 0.906 times |
| 26 Mon Aug 2024 | 32.36 | 32.00 | 32.42 | 31.90 | 0.97 times |
| 23 Fri Aug 2024 | 31.88 | 32.21 | 32.43 | 31.81 | 1.231 times |
| 22 Thu Aug 2024 | 31.95 | 32.50 | 32.50 | 31.80 | 0.875 times |
| 21 Wed Aug 2024 | 32.44 | 32.50 | 32.68 | 32.28 | 0.807 times |
| 20 Tue Aug 2024 | 32.33 | 32.59 | 32.59 | 32.16 | 0.86 times |
| 19 Mon Aug 2024 | 32.68 | 32.35 | 32.71 | 32.26 | 0.755 times |
| 16 Fri Aug 2024 | 32.36 | 31.95 | 32.40 | 31.85 | 1.177 times |
My analysis of stock is bullish for shortterm, and stock might move up till 32.5 or till 32.9. Use a stoploss of 32.14 and if this stock hits its stoploss, then it can fall down till 31.8
Share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Target | 29.98 |
| Downside Target | 31.20 |
| Upside Target | 32.65 |
| Upside Target | 32.71 |
| 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 | 31.82 |
| Downside Intraday Target | 31.46 |
| Upside Intraday Target | 32.63 |
| Upside Intraday Target | 33.08 |
| Upside Intraday Target | 32.27 |
Weekly technical analysis of Hormel Foods (HRL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 32.19 | 32.00 | 32.71 | 31.90 | 0.879 times |
| 23 Fri Aug 2024 | 31.88 | 32.35 | 32.71 | 31.80 | 0.796 times |
| 16 Fri Aug 2024 | 32.36 | 31.98 | 32.53 | 31.20 | 1.028 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 |
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 |
| 29 Thu Aug 2024 | 32.19 | 32.20 | 33.14 | 31.20 | 0.862 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 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
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 to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Hormel Foods ( (HRL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Hormel Foods in short term but SELL signal is weak.
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 32.26 and Hormel Foods (HRL) stock is trading below this level. This means that stock is falling with high volumes. 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
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 to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Hormel Foods ( (HRL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Hormel Foods in short term but SELL signal is weak.
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 32.26 and Hormel Foods (HRL) stock is trading below this level. This means that stock is falling with high volumes. 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.