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Hormel Foods Corporation

HRL Technical Analysis Summary (NYSE)

Analyze HRL on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

HRL●NYSE
Consumer DefensivePackaged Foods
$23.88
$0.20(0.83%)
U.S. Market opens in 63h 33m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

HRL Technical Analysis Summary (NYSE)

Hormel Foods Corporation (NYSE: HRL) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 38.72)
Trend Strength:Weak (ADX: 19.16)
Volatility:Medium (ATR: 0.52)
Support/Resistance:$23.64 – $26.04 (Bollinger Bands)

Technical conditions suggest Hormel Foods Corporation on the NYSE is awaiting a decisive move. This mix signals that Hormel Foods Corporation is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 38.72

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 16.61

Bullish
Oversold zone signals rebound potential.

Williams %R: -92.11

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -5.29

Strongly Bearish
Sharp downside momentum.

Takeaway:Hormel Foods Corporation shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.22

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 19.16

Weak
Weak trend, market trading sideways.

ATR (14): 0.52

Low
Low volatility, stable price action.

CCI (14): -122.91

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Hormel Foods Corporation shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$26.04
Middle Band (SMA 20)
$24.84
Lower Band
$23.64
Current Position
Within Bands

Takeaway:Hormel Foods Corporation trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$25.63
Middle Line (EMA 20)
$24.60
Lower Channel
$23.56
Squeeze Status
No Squeeze

Takeaway:Hormel Foods Corporation trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume4.74M
Money Flow Index31.32Bearish, selling pressure outweighs inflows.
Relative Vigor Index47.67Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:HRL shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Hormel Foods Corporation (NYSE: HRL), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Hormel Foods Corporation are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: HRL) Technical Analysis FAQ