(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 2024-05-08 View latest technical analysis
10 day averaged volume of Hormel Foods is 2092920
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 35.12 | 35.30 | 35.35 | 35.02 | 0.573 times |
| 07 Tue May 2024 | 35.31 | 34.99 | 35.35 | 34.85 | 0.753 times |
| 06 Mon May 2024 | 34.80 | 35.31 | 35.33 | 34.59 | 1.057 times |
| 03 Fri May 2024 | 35.17 | 35.50 | 35.50 | 34.82 | 0.778 times |
| 02 Thu May 2024 | 35.42 | 35.36 | 35.51 | 35.10 | 0.797 times |
| 01 Wed May 2024 | 35.25 | 35.34 | 35.54 | 35.05 | 0.848 times |
| 30 Tue Apr 2024 | 35.56 | 35.38 | 35.69 | 35.11 | 2.144 times |
| 29 Mon Apr 2024 | 35.42 | 35.40 | 35.58 | 35.30 | 0.702 times |
| 26 Fri Apr 2024 | 35.32 | 35.17 | 35.60 | 35.10 | 0.998 times |
| 25 Thu Apr 2024 | 35.27 | 35.67 | 35.87 | 35.20 | 0.868 times |
My analysis of stock is bullish for shortterm, and stock might move up till 35.5 or till 36.2. Use a stoploss of 34.91 and if this stock hits its stoploss, then it can fall down till 34.34
Share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Target | 28.51 |
| Downside Target | 30.15 |
| Downside Target | 33.02 |
| Downside Target | 34.54 |
| Upside Target | 35.35 |
| Upside Target | 35.47 |
| 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 | 34.69 |
| Downside Intraday Target | 34.26 |
| Upside Intraday Target | 35.45 |
| Upside Intraday Target | 35.78 |
| Downside Intraday Target | 35.02 |
Weekly technical analysis of Hormel Foods (HRL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 35.12 | 35.31 | 35.35 | 34.59 | 0.452 times |
| 03 Fri May 2024 | 35.17 | 35.40 | 35.69 | 34.82 | 1.133 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 |
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 |
| 08 Wed May 2024 | 35.12 | 35.34 | 35.54 | 34.59 | 0.182 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
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 and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 35.3 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
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 and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 35.3 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.