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Archive
- 5/23/2025 -
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Hormel Foods Corp. (HRL) Technical Analysis
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| Summary:
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| | It was the negative week for the Hormel Foods Corp. (HRL). During the week, the HRL dropped -1.09 points, or -3.57%, and closed at 29.44 on Friday, May 23, 2025. It was the worst weekly loss since February 28, 2025. Weekly volume was 24% above 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 27.59 on February 27, 2025. HRL lost 9.27 points, or 25.15%, in 40 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 26.26 and resistance is at 31.31. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a long-term trend.
 Medium-term trend: [See HRL medium-term trend chart]
A medium-term uptrend had started on February 27, 2025 at 27.59 and reached 32.07 on April 4, 2025. HRL gained -4.48 points, or -16.24%, in 5 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 28.85 and resistance is at 30.56. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern 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 March 28, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend 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 April 9, 2025 at 28.78 and reached 30.97 on April 15, 2025. HRL gained -2.19 points, or -7.61%, in 6 days. The chart has formed a Descending Triangle chart pattern.
Daily Technical Indicators: [See HRL daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since May 14, 2025. 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.
During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish 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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