(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 2024-12-18 View latest technical analysis
10 day averaged volume of Hormel Foods is 1919833
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Wed Dec 2024 | 31.90 | 31.75 | 32.16 | 31.34 | 2.221 times |
| 17 Tue Dec 2024 | 32.15 | 32.22 | 32.70 | 32.04 | 1.411 times |
| 16 Mon Dec 2024 | 32.34 | 32.88 | 33.12 | 32.34 | 1.238 times |
| 13 Fri Dec 2024 | 32.94 | 33.00 | 33.11 | 32.63 | 1.258 times |
| 12 Thu Dec 2024 | 33.04 | 33.32 | 33.32 | 32.81 | 0.851 times |
| 11 Wed Dec 2024 | 33.13 | 33.77 | 33.80 | 33.13 | 1.941 times |
| 10 Tue Dec 2024 | 33.55 | 33.19 | 33.76 | 32.93 | 1.243 times |
| 09 Mon Dec 2024 | 33.18 | 32.38 | 33.31 | 32.38 | 1.361 times |
| 05 Thu Dec 2024 | 32.54 | 32.14 | 32.67 | 32.00 | 0.228 times |
| 04 Wed Dec 2024 | 31.71 | 31.01 | 31.75 | 30.84 | 0.415 times |
Stock of Hormel Foods (HRL) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, and stock might move up till 32.9 or till 34.4. Use a stoploss of 31.64 and if this stock hits its stoploss, then it can fall down till 30.37
Share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Target | 29.08 |
| Downside Target | 30.41 |
| Downside Target | 31.71 |
| Upside Target | 32.21 |
| Upside Target | 32.38 |
| Upside Target | 32.67 |
| Upside Target | 33.12 |
| Upside Target | 33.14 |
| Upside Target | 33.16 |
| Upside Target | 33.80 |
Intraday share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Intraday Target | 31.12 |
| Downside Intraday Target | 30.34 |
| Upside Intraday Target | 32.9 |
| Upside Intraday Target | 33.9 |
| Upside Intraday Target | 32.12 |
Weekly technical analysis of Hormel Foods (HRL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Wed Dec 2024 | 31.90 | 32.88 | 33.12 | 31.34 | 0.732 times |
| 13 Fri Dec 2024 | 32.94 | 32.38 | 33.80 | 32.38 | 9.54 times |
| 05 Thu Dec 2024 | 32.54 | 32.05 | 32.67 | 30.84 | 0.579 times |
| 26 Tue Nov 2024 | 31.62 | 31.36 | 31.71 | 31.23 | 0.349 times |
| 26 Tue Nov 2024 | 31.62 | 30.98 | 31.71 | 30.95 | 0.583 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 |
| 18 Wed Dec 2024 | 31.90 | 32.05 | 33.80 | 30.84 | 0.503 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 |
| 30 Mon Sep 2024 | 31.70 | 32.55 | 33.16 | 29.21 | 1.138 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 BUY signal in short term and the buying is gaining 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 32.67 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 BUY signal in short term and the buying is gaining 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 32.67 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 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.