(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 2024-11-06 View latest technical analysis
10 day averaged volume of Hormel Foods is 1915370
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 30.72 | 31.18 | 31.49 | 30.63 | 1.5 times |
| 05 Tue Nov 2024 | 31.10 | 30.75 | 31.12 | 30.43 | 0.93 times |
| 04 Mon Nov 2024 | 30.74 | 30.97 | 31.08 | 30.61 | 1.035 times |
| 01 Fri Nov 2024 | 30.92 | 30.67 | 30.97 | 30.53 | 0.991 times |
| 31 Thu Oct 2024 | 30.55 | 30.60 | 30.80 | 30.41 | 1.908 times |
| 30 Wed Oct 2024 | 30.62 | 30.67 | 30.89 | 30.58 | 1.014 times |
| 29 Tue Oct 2024 | 30.69 | 30.87 | 31.06 | 30.62 | 1.26 times |
| 28 Mon Oct 2024 | 30.94 | 31.13 | 31.34 | 30.87 | 0.842 times |
| 25 Fri Oct 2024 | 31.06 | 31.20 | 31.44 | 31.04 | 0.613 times |
| 24 Thu Oct 2024 | 31.09 | 31.27 | 31.47 | 31.08 | 0.722 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 30.7 as stoploss in an intra day buy trade for a target of 31.07. However, stock will show a bearish move below 30.7.
Share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Target | 29.21 |
| Downside Target | 29.98 |
| Upside Target | 31.35 |
| Upside Target | 31.49 |
| 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 | 30.27 |
| Downside Intraday Target | 29.82 |
| Upside Intraday Target | 31.33 |
| Upside Intraday Target | 31.94 |
| Upside Intraday Target | 30.88 |
Weekly technical analysis of Hormel Foods (HRL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 30.72 | 30.97 | 31.49 | 30.43 | 0.576 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 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 |
| 06 Wed Nov 2024 | 30.72 | 30.67 | 31.49 | 30.43 | 0.192 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Hormel Foods in short term and the sell signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 30.79 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Hormel Foods in short term and the sell signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 30.79 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.