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(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 2024-09-24 View latest technical analysis

10 day averaged volume of Hormel Foods is 2353370

Date Daily Closing Price Open High Low Volume
24 Tue Sep 2024 31.17 31.57 31.62 31.11 0.815 times
23 Mon Sep 2024 31.48 31.69 31.85 31.43 0.862 times
20 Fri Sep 2024 31.77 32.12 32.20 31.63 2.776 times
19 Thu Sep 2024 32.13 32.42 32.52 31.89 0.772 times
18 Wed Sep 2024 32.40 32.39 32.83 32.28 0.722 times
17 Tue Sep 2024 32.37 32.27 32.70 32.27 0.748 times
16 Mon Sep 2024 32.53 32.35 32.61 32.26 0.727 times
13 Fri Sep 2024 32.08 31.67 32.12 31.62 0.724 times
12 Thu Sep 2024 31.62 31.21 31.65 31.07 1.019 times
11 Wed Sep 2024 31.34 32.05 32.22 31.23 0.748 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 30.9, for a target of 31.6 or 32.1

Share price targets for Hormel Foods (HRL)

Target Type Value
Downside Target 29.21
Downside Target 29.98
Upside Target 32.13
Upside Target 32.57
Upside Target 32.65
Upside Target 32.83
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 30.9
Downside Intraday Target 30.64
Upside Intraday Target 31.64
Upside Intraday Target 32.12
Upside Intraday Target 31.38

Weekly technical analysis of Hormel Foods (HRL)

Date Weekly Closing Price Open High Low Volume
24 Tue Sep 2024 31.17 31.69 31.85 31.11 0.292 times
20 Fri Sep 2024 31.77 32.35 32.83 31.63 1.285 times
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

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
24 Tue Sep 2024 31.17 32.55 33.16 29.21 0.918 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Hormel Foods in short term and the sell 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 coming down

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 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 31.85 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Hormel Foods in short term and the sell 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 coming down

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 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 31.85 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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