(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 2024-08-05 View latest technical analysis
10 day averaged volume of Hormel Foods is 2097150
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 32.10 | 32.78 | 33.14 | 31.90 | 1.392 times |
| 02 Fri Aug 2024 | 32.87 | 32.75 | 32.98 | 32.08 | 0.779 times |
| 01 Thu Aug 2024 | 32.46 | 32.20 | 32.56 | 32.05 | 0.778 times |
| 31 Wed Jul 2024 | 32.11 | 32.02 | 32.26 | 31.89 | 2.099 times |
| 30 Tue Jul 2024 | 32.02 | 31.74 | 32.11 | 31.58 | 0.99 times |
| 29 Mon Jul 2024 | 31.90 | 31.93 | 32.09 | 31.74 | 0.96 times |
| 26 Fri Jul 2024 | 32.01 | 31.85 | 32.10 | 31.77 | 0.778 times |
| 25 Thu Jul 2024 | 31.84 | 31.68 | 32.37 | 31.60 | 1.126 times |
| 24 Wed Jul 2024 | 31.51 | 31.09 | 31.58 | 31.09 | 0.88 times |
| 23 Tue Jul 2024 | 31.18 | 31.40 | 31.54 | 31.08 | 0.772 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 32.3 as stoploss in an intra day sell trade for a target of 31.59. However, stock will show a bullish move above 32.3.
Share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Target | 29.98 |
| Upside Target | 32.37 |
| Upside Target | 32.65 |
| Upside Target | 32.98 |
| Upside Target | 33.14 |
| Upside Target | 33.73 |
| Upside Target | 35.87 |
| Upside Target | 36.86 |
Intraday share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Intraday Target | 31.62 |
| Downside Intraday Target | 31.14 |
| Upside Intraday Target | 32.86 |
| Upside Intraday Target | 33.62 |
| Upside Intraday Target | 32.38 |
Weekly technical analysis of Hormel Foods (HRL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 32.10 | 32.78 | 33.14 | 31.90 | 0.248 times |
| 02 Fri Aug 2024 | 32.87 | 31.93 | 32.98 | 31.58 | 1.275 times |
| 26 Fri Jul 2024 | 32.01 | 31.78 | 32.37 | 31.08 | 0.848 times |
| 19 Fri Jul 2024 | 31.79 | 30.79 | 32.65 | 30.53 | 0.953 times |
| 12 Fri Jul 2024 | 30.97 | 30.36 | 31.27 | 29.98 | 4.797 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 |
| 05 Mon Aug 2024 | 32.10 | 32.20 | 33.14 | 31.90 | 0.131 times |
| 31 Wed Jul 2024 | 32.11 | 30.59 | 32.65 | 29.98 | 1 times |
| 28 Fri Jun 2024 | 30.49 | 31.04 | 31.40 | 30.01 | 0.787 times |
| 31 Fri May 2024 | 30.98 | 35.34 | 36.86 | 30.51 | 1.083 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 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Hormel Foods in short term and the buy signal is strong.
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 and selling is picking up 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 32.01 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Hormel Foods in short term and the buy signal is strong.
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 and selling is picking up 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 32.01 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.