(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 2024-12-04 View latest technical analysis
10 day averaged volume of Hormel Foods is 2456948
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Wed Dec 2024 | 31.71 | 31.01 | 31.75 | 30.84 | 0.324 times |
| 03 Tue Dec 2024 | 31.83 | 32.05 | 32.10 | 31.69 | 0.043 times |
| 26 Tue Nov 2024 | 31.62 | 31.36 | 31.71 | 31.23 | 0.941 times |
| 26 Tue Nov 2024 | 31.62 | 31.36 | 31.71 | 31.23 | 0.941 times |
| 25 Mon Nov 2024 | 31.43 | 30.98 | 31.46 | 30.95 | 1.757 times |
| 22 Fri Nov 2024 | 30.67 | 30.56 | 30.87 | 30.52 | 0.814 times |
| 21 Thu Nov 2024 | 30.50 | 30.19 | 30.56 | 30.01 | 0.852 times |
| 20 Wed Nov 2024 | 30.22 | 29.69 | 30.24 | 29.67 | 1.054 times |
| 19 Tue Nov 2024 | 29.73 | 29.15 | 29.77 | 29.09 | 0.736 times |
| 18 Mon Nov 2024 | 29.40 | 29.47 | 29.57 | 29.08 | 1.174 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 31.4, but if it comes below 31.4, then a intra day sell could be more profitable.
If you take a sell trade below 31.4, then use 31.4 as stoploss and 30.63 as target. However if you take a buy trade in stock , then use 31.4 as stoploss and 32.2 as target.
Share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Target | 29.08 |
| Downside Target | 30.41 |
| Downside Target | 31.23 |
| Downside Target | 31.71 |
| Upside Target | 32.10 |
| Upside Target | 32.21 |
| Upside Target | 33.14 |
| Upside Target | 33.16 |
Intraday share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Intraday Target | 31 |
| Downside Intraday Target | 30.29 |
| Upside Intraday Target | 32.26 |
| Upside Intraday Target | 32.81 |
| Downside Intraday Target | 31.55 |
Weekly technical analysis of Hormel Foods (HRL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Wed Dec 2024 | 31.71 | 32.05 | 32.10 | 30.84 | 0.39 times |
| 26 Tue Nov 2024 | 31.62 | 31.36 | 31.71 | 31.23 | 0.349 times |
| 26 Tue Nov 2024 | 31.62 | 30.98 | 31.71 | 30.95 | 0.583 times |
| 22 Fri Nov 2024 | 30.67 | 29.47 | 30.87 | 29.08 | 0.863 times |
| 15 Fri Nov 2024 | 29.21 | 30.37 | 31.04 | 29.18 | 1.169 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 |
| 04 Wed Dec 2024 | 31.71 | 32.05 | 32.10 | 30.84 | 0.019 times |
| 26 Tue Nov 2024 | 31.62 | 30.67 | 31.71 | 29.08 | 1.051 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 |
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 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 BUY signal for Hormel Foods in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Hormel Foods Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Hormel Foods in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 30.75 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 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 BUY signal for Hormel Foods in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Hormel Foods Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Hormel Foods in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 30.75 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.