HORMEL FOODS CORP (HRL)
US4404521001 - Common Stock
We assign a technical rating of 5 out of 10 to HRL. In the last year, HRL was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
When comparing the yearly performance of all stocks, HRL is a bad performer in the overall market: 63% of all stocks are doing better.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
HRL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
HRL has an average volume of 3365700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
HRL is part of the Food Products industry. There are 91 other stocks in this industry, HRL did better than 62% of them.
HRL is currently trading in the middle 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 slightly.
In the last month HRL has a been trading in a tight range between 33.73 and 35.51.
HRL has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
33.56
35.68
We found 1 important support area.
- Support @33.90 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @34.00 from a trend line in the weekly time frame.
- A resistance zone ranging from 34.65 to 35.33. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS37.38
Mansfield-1.43
10 Day High35.51
10 Day Low33.73
20 Day High35.51
20 Day Low33.73
52 Week High41.73
52 Week Low28.51
Performance
1 Week-3.42%
2 Weeks-3.06%
1 Month-0.67%
3 Month10.67%
6 Month7.92%
12 Month-14.91%
2 Year-35.27%
3 Year-26.6%
5 Year-15.1%
10 Year42.21%
15 Year333.49%
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)-0.22
RSI(14)47.17
LBB33.93
UBB35.63
HORMEL FOODS CORP
NYSE:HRL (4/15/2024, 7:10:26 PM)
After market: 33.91 0 (0%)33.91
-0.02 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.06%
1 Week-3.42%
2 Weeks-3.06%
1 Month-0.67%
3 Month10.67%
6 Month7.92%
12 Month-14.91%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.59
ATR(20)%1.62%
ATR Inc
Range Today0.52
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 High35.51
10 Day Low33.73
20 Day High35.51
20 Day Low33.73
52 Week High41.73
52 Week Low28.51
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.46M
Volume Incr-9.13%
Vol(5)2.56M
Vol(50)3.37M