(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 2188930
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 35.42 | 35.36 | 35.51 | 35.10 | 0.762 times |
| 01 Wed May 2024 | 35.25 | 35.34 | 35.54 | 35.05 | 0.811 times |
| 30 Tue Apr 2024 | 35.56 | 35.38 | 35.69 | 35.11 | 2.05 times |
| 29 Mon Apr 2024 | 35.42 | 35.40 | 35.58 | 35.30 | 0.672 times |
| 26 Fri Apr 2024 | 35.32 | 35.17 | 35.60 | 35.10 | 0.954 times |
| 25 Thu Apr 2024 | 35.27 | 35.67 | 35.87 | 35.20 | 0.83 times |
| 24 Wed Apr 2024 | 35.60 | 34.80 | 35.68 | 34.61 | 1.009 times |
| 23 Tue Apr 2024 | 35.14 | 35.24 | 35.36 | 35.07 | 0.729 times |
| 22 Mon Apr 2024 | 35.14 | 34.90 | 35.30 | 34.54 | 0.925 times |
| 19 Fri Apr 2024 | 34.74 | 34.48 | 34.79 | 34.37 | 1.078 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 35.5 as stoploss in an intra day sell trade for a target of 34.89. However, stock will show a bullish move above 35.5.
Share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Target | 28.51 |
| Downside Target | 30.15 |
| Downside Target | 33.02 |
| Downside Target | 34.52 |
| Downside Target | 35.35 |
| Upside Target | 35.47 |
| Upside Target | 35.51 |
| Upside Target | 35.54 |
| Upside Target | 35.69 |
| Upside Target | 35.87 |
| Upside Target | 36.00 |
Intraday share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Intraday Target | 35.08 |
| Downside Intraday Target | 34.75 |
| Upside Intraday Target | 35.72 |
| Upside Intraday Target | 36.03 |
| Downside Intraday Target | 35.39 |
Weekly technical analysis of Hormel Foods (HRL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 35.42 | 35.40 | 35.69 | 35.05 | 0.966 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 |
| 05 Fri Apr 2024 | 34.70 | 34.95 | 35.51 | 34.52 | 1.478 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 |
| 02 Thu May 2024 | 35.42 | 35.34 | 35.54 | 35.05 | 0.062 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 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 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 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 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 Weak and stock is losing 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 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 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 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 35.31 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 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 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 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 Weak and stock is losing 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 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 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 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 35.31 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.