HORMEL FOODS CORP (HRL)

US4404521001 - Common Stock

32.01  +0.17 (+0.53%)

After market: 32.01 0 (0%)

Technical Rating and Analysis

2

Overall HRL gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. HRL was also a bad performer in the overall market in the last year.

83% of all other stocks performed better in the past year than HRL.
HRL is part of the Food Products industry. There are 92 other stocks in this industry, of which 70% are performing better than HRL.
HRL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HRL is lagging the market.
In the last month HRL has a been trading in the 29.98 - 32.65 range, which is quite wide. It is currently trading near the high of this range.
HRL has an average volume of 2535560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Weekly and Daily overview Charts
HRL Weekly chart
HRL Daily chart
Setup Rating and Analysis

6

HRL has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

29.91

37.15

2 important support areas can be observed.

  • A support zone ranging from 31.60 to 31.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 30.21 to 31.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

2 important resistance areas can be observed.

  • Resistance @34.61 from a trend line in the weekly time frame.
  • A resistance zone ranging from 36.32 to 36.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.11
Mansfield-1.57
10 Day High32.65
10 Day Low30.53
20 Day High32.65
20 Day Low29.98
52 Week High41.73
52 Week Low28.51
Performance
1 Week0.69%
2 Weeks3.36%
1 Month5.92%
3 Month-9.37%
6 Month3.29%
12 Month-22%
2 Year-35.12%
3 Year-30.98%
5 Year-21.91%
10 Year41.45%
15 Year256.56%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.18
RSI(14)58.25
LBB30
UBB32.61
HRL Daily chart

HORMEL FOODS CORP

NYSE:HRL (7/26/2024, 7:04:00 PM)

After market: 32.01 0 (0%)

32.01

+0.17 (+0.53%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.53%
1 Week0.69%
2 Weeks3.36%
1 Month5.92%
3 Month-9.37%
6 Month3.29%
12 Month-22%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.61
ATR(20)%1.67%
ATR Inc
Range Today0.33
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High32.65
10 Day Low30.53
20 Day High32.65
20 Day Low29.98
52 Week High41.73
52 Week Low28.51
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.63M
Volume Incr-18.08%
Vol(5)1.80M
Vol(50)2.54M