(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 2024-11-05 View latest technical analysis
10 day averaged volume of Hormel Foods is 1878230
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Tue Nov 2024 | 31.10 | 30.75 | 31.12 | 30.43 | 0.948 times |
| 04 Mon Nov 2024 | 30.74 | 30.97 | 31.08 | 30.61 | 1.056 times |
| 01 Fri Nov 2024 | 30.92 | 30.67 | 30.97 | 30.53 | 1.01 times |
| 31 Thu Oct 2024 | 30.55 | 30.60 | 30.80 | 30.41 | 1.946 times |
| 30 Wed Oct 2024 | 30.62 | 30.67 | 30.89 | 30.58 | 1.034 times |
| 29 Tue Oct 2024 | 30.69 | 30.87 | 31.06 | 30.62 | 1.285 times |
| 28 Mon Oct 2024 | 30.94 | 31.13 | 31.34 | 30.87 | 0.858 times |
| 25 Fri Oct 2024 | 31.06 | 31.20 | 31.44 | 31.04 | 0.625 times |
| 24 Thu Oct 2024 | 31.09 | 31.27 | 31.47 | 31.08 | 0.737 times |
| 23 Wed Oct 2024 | 31.19 | 30.97 | 31.27 | 30.88 | 0.698 times |
My analysis of stock is bullish for shortterm, and stock might move up till 31.4 or till 31.9. Use a stoploss of 31.09 and if this stock hits its stoploss, then it can fall down till 30.74
Share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Target | 29.21 |
| Downside Target | 29.98 |
| Upside Target | 31.20 |
| Upside Target | 31.34 |
| Upside Target | 31.35 |
| Upside Target | 31.88 |
| 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 | 30.65 |
| Downside Intraday Target | 30.19 |
| Upside Intraday Target | 31.34 |
| Upside Intraday Target | 31.57 |
| Downside Intraday Target | 30.88 |
Weekly technical analysis of Hormel Foods (HRL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Tue Nov 2024 | 31.10 | 30.97 | 31.12 | 30.43 | 0.327 times |
| 01 Fri Nov 2024 | 30.92 | 31.13 | 31.34 | 30.41 | 1.609 times |
| 25 Fri Oct 2024 | 31.06 | 31.72 | 31.88 | 30.88 | 0.671 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 |
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 |
| 05 Tue Nov 2024 | 31.10 | 30.67 | 31.12 | 30.43 | 0.127 times |
| 31 Thu Oct 2024 | 30.55 | 31.62 | 32.21 | 30.41 | 0.815 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 |
Scroll below to view daily charts
Price has moved up 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 red color and prices are in or above the red 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 and the buying is gaining 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 30.83 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 red color and prices are in or above the red 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 and the buying is gaining 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 30.83 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 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.