(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 2547850
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Mon Jan 2025 | 31.45 | 31.38 | 31.95 | 31.24 | 1.089 times |
| 24 Fri Jan 2025 | 30.88 | 30.78 | 31.03 | 30.66 | 0.596 times |
| 23 Thu Jan 2025 | 30.86 | 30.30 | 30.93 | 30.18 | 0.839 times |
| 22 Wed Jan 2025 | 30.35 | 30.89 | 30.89 | 30.28 | 0.87 times |
| 21 Tue Jan 2025 | 30.86 | 29.91 | 30.89 | 29.87 | 1.32 times |
| 17 Fri Jan 2025 | 29.93 | 29.75 | 30.00 | 29.70 | 0.987 times |
| 17 Fri Jan 2025 | 29.93 | 29.75 | 30.00 | 29.70 | 0.987 times |
| 16 Thu Jan 2025 | 29.89 | 29.45 | 29.94 | 29.12 | 1.136 times |
| 15 Wed Jan 2025 | 29.60 | 30.14 | 30.19 | 29.36 | 1.119 times |
| 14 Tue Jan 2025 | 30.01 | 29.95 | 30.32 | 29.72 | 0.844 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 31.1, but if it comes below 31.1, then a intra day sell could be more profitable.
If you take a sell trade below 31.1, then use 31.1 as stoploss and 30.56 as target. However if you take a buy trade in stock , then use 31.1 as stoploss and 31.8 as target.
Share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Target | 29.08 |
| Downside Target | 30.84 |
| Downside Target | 31.03 |
| Downside Target | 31.24 |
| Upside Target | 31.71 |
| Upside Target | 31.95 |
| Upside Target | 32.21 |
| Upside Target | 33.16 |
| Upside Target | 33.80 |
Intraday share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Intraday Target | 31.14 |
| Downside Intraday Target | 30.84 |
| Upside Intraday Target | 31.85 |
| Upside Intraday Target | 32.26 |
| Upside Intraday Target | 31.55 |
Weekly technical analysis of Hormel Foods (HRL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Mon Jan 2025 | 31.45 | 31.38 | 31.95 | 31.24 | 0.3 times |
| 24 Fri Jan 2025 | 30.88 | 29.91 | 31.03 | 29.87 | 3.672 times |
| 17 Fri Jan 2025 | 29.93 | 29.75 | 30.00 | 29.70 | 0.183 times |
| 17 Fri Jan 2025 | 29.93 | 29.95 | 30.39 | 29.12 | 2.627 times |
| 10 Fri Jan 2025 | 30.05 | 30.18 | 30.60 | 29.82 | 0.821 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 |
| 27 Mon Jan 2025 | 31.45 | 31.49 | 31.95 | 29.12 | 1.085 times |
| 31 Tue Dec 2024 | 31.37 | 32.05 | 33.80 | 30.84 | 0.851 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 |
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 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 but the buy signal is initial and weak.
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 red color and prices are in or above the red 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 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 30.36 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 negative.
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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 but the buy signal is initial and weak.
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 red color and prices are in or above the red 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 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 30.36 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.