(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 2024-09-05 View latest technical analysis
10 day averaged volume of Hormel Foods is 2787520
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 32.11 | 31.36 | 32.25 | 31.08 | 1.532 times |
| 04 Wed Sep 2024 | 31.01 | 29.85 | 31.09 | 29.21 | 2.086 times |
| 03 Tue Sep 2024 | 33.14 | 32.55 | 33.16 | 32.28 | 1.15 times |
| 30 Fri Aug 2024 | 32.55 | 32.21 | 32.57 | 32.13 | 1.32 times |
| 30 Fri Aug 2024 | 32.55 | 32.21 | 32.57 | 32.13 | 1.32 times |
| 29 Thu Aug 2024 | 32.19 | 32.59 | 32.71 | 32.08 | 0.646 times |
| 28 Wed Aug 2024 | 32.39 | 32.21 | 32.55 | 32.10 | 0.779 times |
| 27 Tue Aug 2024 | 32.21 | 32.38 | 32.40 | 32.03 | 0.614 times |
| 26 Mon Aug 2024 | 32.36 | 32.00 | 32.42 | 31.90 | 0.658 times |
| 23 Fri Aug 2024 | 31.88 | 32.21 | 32.43 | 31.81 | 0.834 times |
My analysis of stock is bearish for shortterm, and stock might move down till 31.7 or till 31.2. Use a stoploss of 32.18 and if the stock hits stoploss, then it can shoot up till 32.64
Share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Target | 29.21 |
| Downside Target | 29.98 |
| Downside Target | 31.20 |
| Upside Target | 32.57 |
| Upside Target | 32.65 |
| Upside Target | 32.71 |
| Upside Target | 33.14 |
| Upside Target | 33.16 |
| Upside Target | 36.86 |
Intraday share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Intraday Target | 29.83 |
| Downside Intraday Target | 27.54 |
| Upside Intraday Target | 33.78 |
| Upside Intraday Target | 35.44 |
| Downside Intraday Target | 31.49 |
Weekly technical analysis of Hormel Foods (HRL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 32.11 | 32.55 | 33.16 | 29.21 | 3.611 times |
| 30 Fri Aug 2024 | 32.55 | 32.21 | 32.57 | 32.13 | 0.329 times |
| 30 Fri Aug 2024 | 32.55 | 32.00 | 32.71 | 31.90 | 1.309 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Hormel Foods (HRL)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 32.11 | 32.55 | 33.16 | 29.21 | 0.278 times |
| 30 Fri Aug 2024 | 32.55 | 32.20 | 33.14 | 31.20 | 1.018 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 |
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 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 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 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 SELL. Signal strength is Weak and stock is losing 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 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 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 32.14 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 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 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 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 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 SELL. Signal strength is Weak and stock is losing 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 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 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 32.14 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.