(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 2024-10-14 View latest technical analysis
10 day averaged volume of Hormel Foods is 1895100
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Mon Oct 2024 | 31.23 | 31.14 | 31.25 | 30.91 | 0.829 times |
| 11 Fri Oct 2024 | 31.08 | 31.18 | 31.26 | 30.94 | 0.957 times |
| 10 Thu Oct 2024 | 30.99 | 31.11 | 31.33 | 30.88 | 0.898 times |
| 09 Wed Oct 2024 | 30.98 | 31.14 | 31.19 | 30.88 | 1.01 times |
| 08 Tue Oct 2024 | 31.07 | 31.20 | 31.26 | 30.77 | 0.986 times |
| 07 Mon Oct 2024 | 31.26 | 31.35 | 31.35 | 31.11 | 0.855 times |
| 04 Fri Oct 2024 | 31.35 | 31.03 | 31.43 | 31.00 | 0.959 times |
| 03 Thu Oct 2024 | 31.11 | 31.40 | 31.40 | 30.88 | 1.142 times |
| 02 Wed Oct 2024 | 31.54 | 31.52 | 31.72 | 31.38 | 1.006 times |
| 01 Tue Oct 2024 | 31.66 | 31.62 | 31.80 | 31.34 | 1.141 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 31.1 as stoploss in an intra day buy trade for a target of 31.48. However, stock will show a bearish move below 31.1.
Share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Target | 29.21 |
| Downside Target | 29.98 |
| Downside Target | 30.77 |
| Upside Target | 31.63 |
| 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 | 31.01 |
| Downside Intraday Target | 30.79 |
| Upside Intraday Target | 31.35 |
| Upside Intraday Target | 31.47 |
| Downside Intraday Target | 31.13 |
Weekly technical analysis of Hormel Foods (HRL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Mon Oct 2024 | 31.23 | 31.14 | 31.25 | 30.91 | 0.176 times |
| 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 |
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 |
| 14 Mon Oct 2024 | 31.23 | 31.62 | 31.80 | 30.77 | 0.34 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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
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 31.23 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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
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 31.23 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.