(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 2024-10-11 View latest technical analysis
10 day averaged volume of Hormel Foods is 1878990
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Fri Oct 2024 | 31.08 | 31.18 | 31.26 | 30.94 | 0.966 times |
| 10 Thu Oct 2024 | 30.99 | 31.11 | 31.33 | 30.88 | 0.906 times |
| 09 Wed Oct 2024 | 30.98 | 31.14 | 31.19 | 30.88 | 1.019 times |
| 08 Tue Oct 2024 | 31.07 | 31.20 | 31.26 | 30.77 | 0.995 times |
| 07 Mon Oct 2024 | 31.26 | 31.35 | 31.35 | 31.11 | 0.863 times |
| 04 Fri Oct 2024 | 31.35 | 31.03 | 31.43 | 31.00 | 0.967 times |
| 03 Thu Oct 2024 | 31.11 | 31.40 | 31.40 | 30.88 | 1.151 times |
| 02 Wed Oct 2024 | 31.54 | 31.52 | 31.72 | 31.38 | 1.015 times |
| 01 Tue Oct 2024 | 31.66 | 31.62 | 31.80 | 31.34 | 1.15 times |
| 30 Mon Sep 2024 | 31.70 | 31.97 | 31.97 | 31.59 | 1.054 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 31.1, but if it comes above 31.1, then a intra day buy could be more profitable.
If you take a sell trade below 31.1, then use 31.1 as stoploss and 30.5 as target. However if you take a buy trade in stock , then use 31.1 as stoploss and 31.55 as target.
Share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Target | 29.21 |
| Downside Target | 29.98 |
| Downside Target | 30.77 |
| Upside Target | 31.80 |
| Upside Target | 31.97 |
| Upside Target | 32.11 |
| Upside Target | 32.65 |
| Upside Target | 32.83 |
| Upside Target | 33.14 |
| Upside Target | 33.16 |
Intraday share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Intraday Target | 30.78 |
| Downside Intraday Target | 30.49 |
| Upside Intraday Target | 31.36 |
| Upside Intraday Target | 31.65 |
| Downside Intraday Target | 31.07 |
Weekly technical analysis of Hormel Foods (HRL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Fri Oct 2024 | 31.08 | 31.35 | 31.35 | 30.77 | 0.89 times |
| 04 Fri Oct 2024 | 31.35 | 31.97 | 31.97 | 30.88 | 0.803 times |
| 27 Fri Sep 2024 | 31.72 | 31.69 | 32.11 | 30.93 | 0.923 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 |
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 |
| 11 Fri Oct 2024 | 31.08 | 31.62 | 31.80 | 30.77 | 0.311 times |
| 30 Mon Sep 2024 | 31.70 | 32.55 | 33.16 | 29.21 | 1.138 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 |
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 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 mid to longer 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.
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 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 31.28 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 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 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 mid to longer 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.
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 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 31.28 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.