HORMEL FOODS CORP (HRL) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:HRL • US4404521001
We assign a technical rating of 6 out of 10 to HRL. In the last year, HRL was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 67% of all other stocks performed better in the past year than HRL.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month HRL has a been trading in the 22.49 - 25.47 range, which is quite wide. It is currently trading near the high of this range.
- HRL has an average volume of 4894600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- HRL is an average performer in the Food Products industry, it outperforms 52% of 88 stocks in the same industry.
- 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.
HRL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 24.94. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.81, a Stop Loss order could be placed below this zone.
More info and screens
21.08
4 important support areas can be observed.
- A support zone ranging from 23.89 to 24.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.82 from a trend line in the daily time frame.
- Support @22.19 from a horizontal line in the daily time frame.
- A support zone ranging from 21.29 to 21.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 24.45 to 25.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @26.93 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for HRL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HRL is up. |
| ChartMill Relative Strength | 33.54 | NEUTRAL | HRL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HRL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HRL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HRL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.35 | NEUTRAL | The RSI value for HRL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests HRL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.01 | NEUTRAL | The Stochastics value for HRL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for HRL suggests some volalility. |
| Average Directional Index/ADX (14) | 25.47 | POSITIVE | The high ADX value value for HRL suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 24.82 | 24.03 | 0.79 (3.18%) | 25.00% |
| An entry @24.82. This is a Buy Stop order right above the 10 day moving average. | An exit @24.03. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.79 points, which is 3.18%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.80%. |
- The distance between exit and entry is rather small compared to the average daily movement of HRL. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:HRL (2/9/2026, 1:59:57 PM)
24.41
-0.52 (-2.09%)
HORMEL FOODS CORP / HRL FAQ
What is the technical rating for HRL stock?
ChartMill assigns a technical rating of 6 / 10 to HRL.
What is the trend direction for HRL stock?
The current trend direction for HORMEL FOODS CORP (HRL) is Bearish.
What is the RSI signal for HRL stock?
HORMEL FOODS CORP (HRL) has an RSI value of 57.3548. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HORMEL FOODS CORP?
The MACD indicator for HORMEL FOODS CORP (HRL) has a value of 0.0341473, indicating a bearish trend.