HORMEL FOODS CORP (HRL)
US4404521001 - Common Stock
We assign a technical rating of 0 out of 10 to HRL. HRL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
78% of all other stocks performed better in the past year than HRL.
HRL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
HRL has an average volume of 2196740 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 47% of 90 stocks in the same industry.
In the last month HRL has a been trading in the 29.07 - 31.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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. There is a resistance zone just above the current price starting at 30.96. Right above this resistance zone may be a good entry point.
More info and screens
28.43
33.47
When analyzing the support we notice one important area.
- 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 30.96 to 31.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 32.23 to 33.14. 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
CRS22.83
Mansfield-1.58
10 Day High31.04
10 Day Low29.08
20 Day High31.49
20 Day Low29.08
52 Week High36.86
52 Week Low28.51
Performance
1 Week0.3%
2 Weeks0.76%
1 Month-1.9%
3 Month-4.33%
6 Month-13.13%
12 Month-6.78%
2 Year-35.11%
3 Year-26.33%
5 Year-31.51%
10 Year14.92%
15 Year225.16%
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)0.01
RSI(14)49.32
LBB29.28
UBB31.25
HORMEL FOODS CORP
NYSE:HRL (11/21/2024, 8:04:00 PM)
After market: 30.5 0 (0%)30.5
+0.28 (+0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.93%
1 Week0.3%
2 Weeks0.76%
1 Month-1.9%
3 Month-4.33%
6 Month-13.13%
12 Month-6.78%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.64
ATR(20)%1.87%
ATR Inc
Range Today0.55
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 High31.04
10 Day Low29.08
20 Day High31.49
20 Day Low29.08
52 Week High36.86
52 Week Low28.51
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.09M
Volume Incr29.29%
Vol(5)2.70M
Vol(50)2.20M