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Packaged Foods & Meats Industry Stocks Technical Analysis - HRLArchive
- 3/21/2025 -
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Hormel Foods Corp. (HRL) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a first positive week for the Hormel Foods Corp. (HRL). During the week, the HRL gained 0.44 points, or 1.49%, and closed at 29.98 on Friday, March 21, 2025. Weekly volume was 72% above average.
HRL is a member of Consumer Staples Sector. Consumer Staples is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See HRL long-term trend chart]
A long-term downtrend had started on April 21, 2022 at 55.11 and reached 27.59 on February 27, 2025. HRL lost 27.52 points, or 49.94%, in 149 weeks. The chart has formed a Falling Channel chart pattern. The price is near the trend resistance line (29.64). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
 Medium-term trend: [See HRL medium-term trend chart]
A medium-term downtrend had started on December 11, 2024 at 33.80 and reached 27.59 on February 27, 2025. HRL lost 6.21 points, or 18.37%, in 11 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Weekly Technical Indicators: [See HRL weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since January 10, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
 Short-term trend: [See HRL short-term trend chart]
A short-term uptrend had started on March 20, 2025 at 29.45 and reached 30.06 on March 21, 2025. HRL gained -0.61 points, or -2.07%, in 1 days. The price is now at the 13.11% retracement level.
Daily Technical Indicators: [See HRL daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since February 20, 2025. This is an indication that the short-term trend is up.
During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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