(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 2024-10-23 View latest technical analysis
10 day averaged volume of Hormel Foods is 1939130
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Wed Oct 2024 | 31.19 | 30.97 | 31.27 | 30.88 | 0.676 times |
| 22 Tue Oct 2024 | 31.09 | 31.31 | 31.31 | 30.91 | 0.727 times |
| 21 Mon Oct 2024 | 31.32 | 31.72 | 31.88 | 31.25 | 0.97 times |
| 18 Fri Oct 2024 | 32.19 | 31.64 | 32.21 | 31.33 | 1.473 times |
| 17 Thu Oct 2024 | 31.56 | 31.20 | 31.62 | 31.13 | 0.998 times |
| 16 Wed Oct 2024 | 31.23 | 31.12 | 31.35 | 31.04 | 1.155 times |
| 15 Tue Oct 2024 | 31.14 | 31.07 | 31.50 | 30.97 | 1.067 times |
| 14 Mon Oct 2024 | 31.23 | 31.14 | 31.25 | 30.91 | 0.81 times |
| 11 Fri Oct 2024 | 31.08 | 31.18 | 31.26 | 30.94 | 0.936 times |
| 10 Thu Oct 2024 | 30.99 | 31.11 | 31.33 | 30.88 | 0.878 times |
My analysis of stock is bearish for shortterm, and stock might move down till 31 or till 30.7. Use a stoploss of 31.35 and if the stock hits stoploss, then it can shoot up till 31.65
Share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Target | 29.21 |
| Downside Target | 29.98 |
| Downside Target | 30.77 |
| Upside Target | 31.88 |
| Upside Target | 31.97 |
| Upside Target | 32.11 |
| Upside Target | 32.21 |
| Upside Target | 32.65 |
| Upside Target | 33.14 |
| Upside Target | 33.16 |
Intraday share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Intraday Target | 30.75 |
| Downside Intraday Target | 30.32 |
| Upside Intraday Target | 31.75 |
| Upside Intraday Target | 32.32 |
| Upside Intraday Target | 31.32 |
Weekly technical analysis of Hormel Foods (HRL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Wed Oct 2024 | 31.19 | 31.72 | 31.88 | 30.88 | 0.431 times |
| 18 Fri Oct 2024 | 32.19 | 31.14 | 32.21 | 30.91 | 1.196 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 |
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 |
| 23 Wed Oct 2024 | 31.19 | 31.62 | 32.21 | 30.77 | 0.592 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 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 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 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 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 BUY. 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.
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 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 31.36 and Hormel Foods (HRL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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 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 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 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 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 BUY. 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.
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 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 31.36 and Hormel Foods (HRL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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.