HORMEL FOODS CORP (HRL)
US4404521001 - Common Stock
Overall HRL gets a technical rating of 3 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.
76% of all other stocks performed better in the past year than HRL.
HRL is one of the lesser performing stocks in the Food Products industry. 60% of 91 stocks in the same industry do better.
In the last month HRL has a been trading in the 29.21 - 33.16 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
HRL has an average volume of 2246400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
HRL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HRL is lagging the market.
Although the technical rating is bad, HRL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 31.18, a Stop Loss order could be placed below this zone.
More info and screens
29.92
37.15
We found 1 important support area.
- A support zone ranging from 30.22 to 31.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 32.10 to 32.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 32.74 to 32.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @33.42 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.95
Mansfield-1.32
10 Day High33.16
10 Day Low29.21
20 Day High33.16
20 Day Low29.21
52 Week High39.58
52 Week Low28.51
Performance
1 Week-1.5%
2 Weeks-0.34%
1 Month0.19%
3 Month5.25%
6 Month-6.03%
12 Month-16.11%
2 Year-29.4%
3 Year-21.76%
5 Year-26.64%
10 Year24.85%
15 Year261.26%
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)-0.08
RSI(14)50.3
LBB31.12
UBB33.19
HORMEL FOODS CORP
NYSE:HRL (9/13/2024, 8:20:43 PM)
After market: 32.08 0 (0%)32.08
+0.46 (+1.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg1.45%
1 Week-1.5%
2 Weeks-0.34%
1 Month0.19%
3 Month5.25%
6 Month-6.03%
12 Month-16.11%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.87
ATR(20)%2.4%
ATR Inc
Range Today0.5
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 High33.16
10 Day Low29.21
20 Day High33.16
20 Day Low29.21
52 Week High39.58
52 Week Low28.51
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.70M
Volume Incr-12.01%
Vol(5)2.10M
Vol(50)2.25M