(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 2024-04-09 View latest technical analysis
10 day averaged volume of Hormel Foods is 2820260
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Tue Apr 2024 | 35.31 | 35.17 | 35.47 | 35.05 | 0.927 times |
| 08 Mon Apr 2024 | 35.11 | 34.69 | 35.21 | 34.61 | 0.9 times |
| 05 Fri Apr 2024 | 34.70 | 35.05 | 35.13 | 34.52 | 0.691 times |
| 04 Thu Apr 2024 | 35.17 | 34.93 | 35.26 | 34.57 | 0.914 times |
| 03 Wed Apr 2024 | 34.73 | 35.13 | 35.17 | 34.55 | 1.157 times |
| 02 Tue Apr 2024 | 35.24 | 35.06 | 35.51 | 34.94 | 1.521 times |
| 01 Mon Apr 2024 | 34.98 | 34.95 | 35.13 | 34.72 | 1.145 times |
| 28 Thu Mar 2024 | 34.89 | 34.95 | 35.12 | 34.77 | 0.807 times |
| 27 Wed Mar 2024 | 34.85 | 34.49 | 34.86 | 34.49 | 1.321 times |
| 26 Tue Mar 2024 | 34.35 | 34.37 | 34.62 | 34.28 | 0.969 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 35, but if it comes below 35, then a intra day sell could be more profitable.
If you take a sell trade below 35, then use 35 as stoploss and 34.6 as target. However if you take a buy trade in stock , then use 35 as stoploss and 35.5 as target.
Share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Target | 28.51 |
| Downside Target | 30.15 |
| Downside Target | 32.85 |
| Downside Target | 34.61 |
| Downside Target | 34.86 |
| Downside Target | 35.12 |
| Upside Target | 35.35 |
| Upside Target | 35.47 |
| Upside Target | 35.51 |
| Upside Target | 36.00 |
Intraday share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Intraday Target | 34.79 |
| Downside Intraday Target | 34.27 |
| Upside Intraday Target | 35.65 |
| Upside Intraday Target | 35.99 |
| Downside Intraday Target | 35.13 |
Weekly technical analysis of Hormel Foods (HRL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Tue Apr 2024 | 35.31 | 34.69 | 35.47 | 34.61 | 0.337 times |
| 05 Fri Apr 2024 | 34.70 | 34.95 | 35.51 | 34.52 | 1.478 times |
| 28 Thu Mar 2024 | 34.89 | 34.44 | 35.12 | 34.14 | 0.871 times |
| 22 Fri Mar 2024 | 34.38 | 34.00 | 34.86 | 33.95 | 0.735 times |
| 15 Fri Mar 2024 | 34.14 | 34.01 | 34.58 | 33.41 | 1.129 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 |
| 09 Tue Apr 2024 | 35.31 | 34.95 | 35.51 | 34.52 | 0.343 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 |
| 31 Wed Jan 2024 | 30.37 | 32.09 | 33.02 | 30.15 | 1.132 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 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 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 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 BUY. 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. Bulls are getting stronger in this stock.
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 34.95 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 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 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 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 BUY. 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. Bulls are getting stronger in this stock.
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 34.95 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.