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Packaged Foods & Meats Industry Stocks Technical Analysis - HRLArchive
- 6/18/2026 -
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Hormel Foods Corp. (HRL) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was the negative week for the Hormel Foods Corp. (HRL). During the week, the HRL dropped -0.59 points, or -2.38%, and closed at 24.16 on Thursday, June 18, 2026. Weekly volume was -13% below average.
 Long-term trend: [See HRL long-term trend chart]
A long-term downtrend had started on May 20, 2024 at 36.86 and reached 19.70 on May 15, 2026. HRL lost 17.16 points, or 46.55%, in 103 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Medium-term trend: [See HRL medium-term trend chart]
A medium-term downtrend had started on February 26, 2026 at 26.22 and reached 19.70 on May 15, 2026. HRL lost 6.52 points, or 24.87%, in 11 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (19.11) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. HRL may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See HRL weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since May 29, 2026. The distance between MACD and the signal line is relatively high and getting bigger. 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 May 15, 2026 at 19.70 and reached 25.00 on June 16, 2026. HRL gained -5.30 points, or -26.90%, in 32 days. The price is now at the 15.85% retracement level.
 Daily Technical Indicators: [See HRL daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The daily MACD line is above its signal line since May 18, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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