(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 2024-12-09 View latest technical analysis
10 day averaged volume of Hormel Foods is 1877257
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 33.18 | 32.38 | 33.31 | 32.38 | 1.392 times |
| 05 Thu Dec 2024 | 32.54 | 32.14 | 32.67 | 32.00 | 0.233 times |
| 04 Wed Dec 2024 | 31.71 | 31.01 | 31.75 | 30.84 | 0.424 times |
| 03 Tue Dec 2024 | 31.83 | 32.05 | 32.10 | 31.69 | 0.056 times |
| 26 Tue Nov 2024 | 31.62 | 31.36 | 31.71 | 31.23 | 1.232 times |
| 26 Tue Nov 2024 | 31.62 | 31.36 | 31.71 | 31.23 | 1.232 times |
| 25 Mon Nov 2024 | 31.43 | 30.98 | 31.46 | 30.95 | 2.299 times |
| 22 Fri Nov 2024 | 30.67 | 30.56 | 30.87 | 30.52 | 1.065 times |
| 21 Thu Nov 2024 | 30.50 | 30.19 | 30.56 | 30.01 | 1.115 times |
| 20 Wed Nov 2024 | 30.22 | 29.69 | 30.24 | 29.67 | 1.38 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 33, for a target of 31.8 or 30.83
Share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Target | 29.08 |
| Downside Target | 30.41 |
| Downside Target | 31.71 |
| Downside Target | 32.21 |
| Downside Target | 32.38 |
| Downside Target | 32.67 |
| Downside Target | 33.14 |
| Downside Target | 33.16 |
| Upside Target | 33.31 |
Intraday share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Intraday Target | 32.6 |
| Downside Intraday Target | 32.03 |
| Upside Intraday Target | 33.53 |
| Upside Intraday Target | 33.89 |
| Downside Intraday Target | 32.96 |
Weekly technical analysis of Hormel Foods (HRL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 33.18 | 32.38 | 33.31 | 32.38 | 1.952 times |
| 05 Thu Dec 2024 | 32.54 | 32.05 | 32.67 | 30.84 | 0.579 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Hormel Foods (HRL)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 33.18 | 32.05 | 33.31 | 30.84 | 0.085 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Hormel Foods stock for short term is BUY. Signal strength is Strong and stock is gaining 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 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 BUY signal in short term and the buying is gaining 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 31.41 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Hormel Foods stock for short term is BUY. Signal strength is Strong and stock is gaining 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 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 BUY signal in short term and the buying is gaining 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 31.41 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.