(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 2024-12-30 View latest technical analysis
10 day averaged volume of Hormel Foods is 2484885
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Mon Dec 2024 | 31.20 | 31.75 | 31.77 | 31.11 | 0.654 times |
| 27 Fri Dec 2024 | 31.85 | 31.48 | 32.00 | 31.48 | 0.691 times |
| 26 Thu Dec 2024 | 31.68 | 31.45 | 31.77 | 31.38 | 0.48 times |
| 24 Tue Dec 2024 | 31.61 | 31.49 | 31.76 | 31.35 | 0.339 times |
| 23 Mon Dec 2024 | 31.55 | 31.48 | 31.70 | 31.34 | 0.719 times |
| 20 Fri Dec 2024 | 31.68 | 31.64 | 31.89 | 31.52 | 1.92 times |
| 19 Thu Dec 2024 | 31.58 | 31.65 | 31.94 | 31.45 | 1.116 times |
| 18 Wed Dec 2024 | 31.90 | 31.75 | 32.16 | 31.34 | 1.716 times |
| 17 Tue Dec 2024 | 32.15 | 32.22 | 32.70 | 32.04 | 1.09 times |
| 16 Mon Dec 2024 | 32.34 | 32.88 | 33.12 | 32.34 | 0.956 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 31.5, but if it comes above 31.5, then a intra day buy could be more profitable.
If you take a sell trade below 31.5, then use 31.5 as stoploss and 30.7 as target. However if you take a buy trade in stock , then use 31.5 as stoploss and 32.14 as target.
Share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Target | 29.08 |
| Downside Target | 30.41 |
| Upside Target | 32.00 |
| Upside Target | 32.21 |
| Upside Target | 32.38 |
| Upside Target | 32.67 |
| Upside Target | 33.12 |
| Upside Target | 33.14 |
| Upside Target | 33.16 |
| Upside Target | 33.80 |
Intraday share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Intraday Target | 30.95 |
| Downside Intraday Target | 30.7 |
| Upside Intraday Target | 31.61 |
| Upside Intraday Target | 32.02 |
| Upside Intraday Target | 31.36 |
Weekly technical analysis of Hormel Foods (HRL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Mon Dec 2024 | 31.20 | 31.75 | 31.77 | 31.11 | 0.294 times |
| 27 Fri Dec 2024 | 31.85 | 31.48 | 32.00 | 31.34 | 0.328 times |
| 20 Fri Dec 2024 | 31.68 | 32.88 | 33.12 | 31.34 | 1.323 times |
| 13 Fri Dec 2024 | 32.94 | 32.38 | 33.80 | 32.38 | 9.54 times |
| 05 Thu Dec 2024 | 32.54 | 32.05 | 32.67 | 30.84 | 0.579 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 |
| 30 Mon Dec 2024 | 31.20 | 32.05 | 33.80 | 30.84 | 0.818 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 down 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 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 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 neutral. A longer time frame might give a better analysis.
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 SELL signal for Hormel Foods in short term but the sell signal is initial and weak.
Hormel Foods Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Hormel Foods in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 31.79 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 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 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 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 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 neutral. A longer time frame might give a better analysis.
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 SELL signal for Hormel Foods in short term but the sell signal is initial and weak.
Hormel Foods Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Hormel Foods in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 31.79 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.