HORMEL FOODS CORP (HRL)

US4404521001 - Common Stock

31.68  +0.1 (+0.32%)

After market: 31.68 0 (0%)

Technical Rating and Analysis

4

Overall HRL gets a technical rating of 4 out of 10. In the past year, HRL was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.

HRL has an average volume of 2470070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, HRL turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
HRL is an average performer in the Food Products industry, it outperforms 65% of 90 stocks in the same industry.
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 the 30.52 - 33.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
HRL Weekly chart
HRL Daily chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

28.43

36.68

We found 2 important support areas.

  • A support zone ranging from 30.96 to 31.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 28.72 to 28.99. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 32.24 to 33.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @36.32 from a horizontal line in the weekly time frame.
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
CRS47.52
Mansfield-1.06
10 Day High33.8
10 Day Low31.34
20 Day High33.8
20 Day Low30.52
52 Week High36.86
52 Week Low28.51
Performance
1 Week-3.83%
2 Weeks-2.43%
1 Month3.87%
3 Month-0.28%
6 Month3.39%
12 Month-0.25%
2 Year-30.45%
3 Year-35.1%
5 Year-29.77%
10 Year21.61%
15 Year229.57%
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)-0.16
RSI(14)47.4
LBB31.24
UBB33.71
HRL Daily chart

HORMEL FOODS CORP

NYSE:HRL (12/20/2024, 8:17:06 PM)

After market: 31.68 0 (0%)

31.68

+0.1 (+0.32%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.32%
1 Week-3.83%
2 Weeks-2.43%
1 Month3.87%
3 Month-0.28%
6 Month3.39%
12 Month-0.25%
2 Year-30.45%
3 Year-35.1%
5 Year-29.77%
10 Year21.61%
15 Year229.57%
Volatility
ATR(14)0.7
ATR(20)%2.07%
ATR Inc-40.78%
Range Today0.37
ADR(20)0.64
ADR(20)%2.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.52
Mansfield-1.06
10 Day High33.8
10 Day Low31.34
20 Day High33.8
20 Day Low30.52
52 Week High36.86
52 Week Low28.51
CS1 End31.66
CR1 Start32.24
Volume & EV
DER(3)-0.85%
DER(5)-0.97%
Volume4.86M
Volume Incr27.43%
Vol(5)3.48M
Vol(50)2.47M