(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 2024-10-16 View latest technical analysis
10 day averaged volume of Hormel Foods is 1844830
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Wed Oct 2024 | 31.23 | 31.12 | 31.35 | 31.04 | 1.214 times |
| 15 Tue Oct 2024 | 31.14 | 31.07 | 31.50 | 30.97 | 1.121 times |
| 14 Mon Oct 2024 | 31.23 | 31.14 | 31.25 | 30.91 | 0.852 times |
| 11 Fri Oct 2024 | 31.08 | 31.18 | 31.26 | 30.94 | 0.983 times |
| 10 Thu Oct 2024 | 30.99 | 31.11 | 31.33 | 30.88 | 0.923 times |
| 09 Wed Oct 2024 | 30.98 | 31.14 | 31.19 | 30.88 | 1.038 times |
| 08 Tue Oct 2024 | 31.07 | 31.20 | 31.26 | 30.77 | 1.013 times |
| 07 Mon Oct 2024 | 31.26 | 31.35 | 31.35 | 31.11 | 0.879 times |
| 04 Fri Oct 2024 | 31.35 | 31.03 | 31.43 | 31.00 | 0.985 times |
| 03 Thu Oct 2024 | 31.11 | 31.40 | 31.40 | 30.88 | 1.173 times |
My analysis of stock is bearish for shortterm, and stock might move down till 31.1 or till 30.7. Use a stoploss of 31.36 and if the stock hits stoploss, then it can shoot up till 31.67
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 | 30.93 |
| Downside Intraday Target | 30.62 |
| Upside Intraday Target | 31.52 |
| Upside Intraday Target | 31.8 |
| Downside Intraday Target | 31.21 |
Weekly technical analysis of Hormel Foods (HRL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Wed Oct 2024 | 31.23 | 31.14 | 31.50 | 30.91 | 0.659 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 |
| 16 Wed Oct 2024 | 31.23 | 31.62 | 31.80 | 30.77 | 0.419 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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Hormel Foods stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Hormel Foods in short term but the buy 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. 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 and BUY signal is strong.
RSI is generating a BUY signal in short term but buying 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 31.14 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 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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Hormel Foods stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Hormel Foods in short term but the buy 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. 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 and BUY signal is strong.
RSI is generating a BUY signal in short term but buying 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 31.14 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.