(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.
10 day averaged volume of Hormel Foods is 1914840
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 35.63 | 35.39 | 35.71 | 35.30 | 0.571 times |
| 09 Thu May 2024 | 35.39 | 35.23 | 35.42 | 34.86 | 0.546 times |
| 08 Wed May 2024 | 35.12 | 35.30 | 35.35 | 35.02 | 0.627 times |
| 07 Tue May 2024 | 35.31 | 34.99 | 35.35 | 34.85 | 0.823 times |
| 06 Mon May 2024 | 34.80 | 35.31 | 35.33 | 34.59 | 1.155 times |
| 03 Fri May 2024 | 35.17 | 35.50 | 35.50 | 34.82 | 0.85 times |
| 02 Thu May 2024 | 35.42 | 35.36 | 35.51 | 35.10 | 0.872 times |
| 01 Wed May 2024 | 35.25 | 35.34 | 35.54 | 35.05 | 0.927 times |
| 30 Tue Apr 2024 | 35.56 | 35.38 | 35.69 | 35.11 | 2.343 times |
| 29 Mon Apr 2024 | 35.42 | 35.40 | 35.58 | 35.30 | 0.768 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 35.6, but if it comes below 35.6, then a intra day sell could be more profitable.
If you take a sell trade below 35.6, then use 35.6 as stoploss and 35.02 as target. However if you take a buy trade in stock , then use 35.6 as stoploss and 36.2 as target.
Share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Target | 28.51 |
| Downside Target | 30.15 |
| Downside Target | 33.02 |
| Downside Target | 34.54 |
| Downside Target | 35.35 |
| Downside Target | 35.47 |
| Upside Target | 35.69 |
| Upside Target | 35.71 |
| Upside Target | 35.87 |
| Upside Target | 36.00 |
Intraday share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Intraday Target | 34.91 |
| Downside Intraday Target | 34.19 |
| Upside Intraday Target | 36.03 |
| Upside Intraday Target | 36.43 |
| Downside Intraday Target | 35.31 |
Weekly technical analysis of Hormel Foods (HRL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 35.63 | 35.31 | 35.71 | 34.59 | 0.646 times |
| 03 Fri May 2024 | 35.17 | 35.40 | 35.69 | 34.82 | 1.133 times |
| 26 Fri Apr 2024 | 35.32 | 34.90 | 35.87 | 34.54 | 0.858 times |
| 19 Fri Apr 2024 | 34.74 | 34.04 | 34.79 | 33.76 | 0.882 times |
| 12 Fri Apr 2024 | 33.93 | 34.69 | 35.47 | 33.73 | 0.84 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 |
| 10 Fri May 2024 | 35.63 | 35.34 | 35.71 | 34.59 | 0.221 times |
| 30 Tue Apr 2024 | 35.56 | 34.95 | 35.87 | 33.73 | 0.926 times |
| 28 Thu Mar 2024 | 34.89 | 35.32 | 35.35 | 33.20 | 0.735 times |
| 29 Thu Feb 2024 | 35.32 | 30.26 | 36.00 | 28.51 | 1.324 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 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 mid to longer 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.
ADX buy sell signal for Hormel Foods stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Hormel Foods in short term but the sell 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above 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 SELL signal in short term and selling is picking up 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 35.32 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 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 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 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 mid to longer 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.
ADX buy sell signal for Hormel Foods stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Hormel Foods in short term but the sell 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above 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 SELL signal in short term and selling is picking up 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 35.32 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.