(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 2024-09-13 View latest technical analysis
10 day averaged volume of Hormel Foods is 3215270
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri Sep 2024 | 32.08 | 31.67 | 32.12 | 31.62 | 0.53 times |
| 12 Thu Sep 2024 | 31.62 | 31.21 | 31.65 | 31.07 | 0.746 times |
| 11 Wed Sep 2024 | 31.34 | 32.05 | 32.22 | 31.23 | 0.547 times |
| 10 Tue Sep 2024 | 32.22 | 32.46 | 32.54 | 32.14 | 0.66 times |
| 09 Mon Sep 2024 | 32.40 | 32.57 | 32.65 | 32.24 | 0.788 times |
| 06 Fri Sep 2024 | 32.57 | 32.06 | 32.76 | 32.00 | 0.836 times |
| 05 Thu Sep 2024 | 32.11 | 31.36 | 32.25 | 31.08 | 1.328 times |
| 04 Wed Sep 2024 | 31.01 | 29.85 | 31.09 | 29.21 | 1.808 times |
| 03 Tue Sep 2024 | 33.14 | 32.55 | 33.16 | 32.28 | 0.997 times |
| 30 Fri Aug 2024 | 32.55 | 32.21 | 32.57 | 32.13 | 1.145 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 32.2 and if the stock hits stoploss, then it can shoot up till 32.67
Share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Target | 29.21 |
| Downside Target | 29.98 |
| 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 | 31.22 |
| Downside Intraday Target | 30.35 |
| Upside Intraday Target | 32.8 |
| Upside Intraday Target | 33.51 |
| Downside Intraday Target | 31.93 |
Weekly technical analysis of Hormel Foods (HRL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Fri Sep 2024 | 32.08 | 32.57 | 32.65 | 31.07 | 0.658 times |
| 06 Fri Sep 2024 | 32.57 | 32.55 | 33.16 | 29.21 | 4.342 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 |
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 Fri Sep 2024 | 32.08 | 32.55 | 33.16 | 29.21 | 0.553 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above 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 32.05 and Hormel Foods (HRL) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above 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 32.05 and Hormel Foods (HRL) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.