(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 2024-03-11 View latest technical analysis
10 day averaged volume of Hormel Foods is 4714340
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 34.19 | 34.01 | 34.58 | 33.96 | 0.554 times |
| 08 Fri Mar 2024 | 34.11 | 33.94 | 34.25 | 33.79 | 0.587 times |
| 07 Thu Mar 2024 | 33.97 | 34.27 | 34.27 | 33.77 | 0.544 times |
| 06 Wed Mar 2024 | 34.19 | 34.10 | 34.29 | 33.96 | 0.533 times |
| 05 Tue Mar 2024 | 34.02 | 33.86 | 34.55 | 33.81 | 0.716 times |
| 04 Mon Mar 2024 | 33.77 | 33.32 | 33.83 | 33.25 | 0.66 times |
| 01 Fri Mar 2024 | 33.37 | 35.32 | 35.35 | 33.20 | 1.456 times |
| 29 Thu Feb 2024 | 35.32 | 34.76 | 36.00 | 34.00 | 3.109 times |
| 28 Wed Feb 2024 | 30.83 | 31.04 | 31.12 | 30.58 | 1.012 times |
| 27 Tue Feb 2024 | 30.90 | 30.55 | 31.04 | 30.48 | 0.78 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 33.7, but if it comes below 33.7, then a intra day sell could be more profitable.
If you take a sell trade below 33.7, then use 33.7 as stoploss and 31.52 as target. However if you take a buy trade in stock , then use 33.7 as stoploss and 36.4 as target.
Share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Target | 28.51 |
| Downside Target | 29.80 |
| Downside Target | 32.85 |
| Downside Target | 33.25 |
| Downside Target | 33.68 |
| Downside Target | 33.96 |
| Upside Target | 34.55 |
| Upside Target | 34.58 |
| Upside Target | 35.35 |
| Upside Target | 36.00 |
Intraday share price targets for Hormel Foods (HRL)
| Target Type | Value |
| Downside Intraday Target | 33.91 |
| Downside Intraday Target | 33.62 |
| Upside Intraday Target | 34.53 |
| Upside Intraday Target | 34.86 |
| Upside Intraday Target | 34.24 |
Weekly technical analysis of Hormel Foods (HRL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 34.19 | 34.01 | 34.58 | 33.96 | 0.182 times |
| 08 Fri Mar 2024 | 34.11 | 33.32 | 34.55 | 33.25 | 0.437 times |
| 01 Fri Mar 2024 | 33.37 | 30.52 | 36.00 | 30.26 | 2.294 times |
| 23 Fri Feb 2024 | 30.51 | 29.09 | 30.75 | 29.00 | 0.804 times |
| 16 Fri Feb 2024 | 28.99 | 29.03 | 29.80 | 28.51 | 1.055 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 |
| 11 Mon Mar 2024 | 34.19 | 35.32 | 35.35 | 33.20 | 0.294 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 |
| 29 Fri Dec 2023 | 32.11 | 30.59 | 32.85 | 30.55 | 0.669 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 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 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 gaining momentum.
MACD generated a BUY signal for Hormel Foods in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 tired and bears are picking up momentum.
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 BUY signal in short term but buying 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 33.77 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 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 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 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 gaining momentum.
MACD generated a BUY signal for Hormel Foods in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 tired and bears are picking up momentum.
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 BUY signal in short term but buying 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 33.77 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.