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Archive
- 8/28/2026 -
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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 -2.31 points, or -9.67%, and closed at 21.57 on Friday, August 28, 2026. Weekly volume was 93% above average.
HRL is a member of Consumer Staples Sector. Consumer Staples is the second 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 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. The chart has formed a Falling Channel chart pattern. The trend support level is at 18.75 and resistance is at 24.11. 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 May 15, 2026 at 19.70 and reached 26.60 on June 26, 2026. HRL gained -6.90 points, or -35.03%, in 6 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (29.02) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. HRL may retest the broken support line. It is considered to be a resistance 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 support 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. 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 downtrend had started on July 28, 2026 at 26.43 and reached 21.14 on August 28, 2026. HRL lost 5.29 points, or 20.02%, in 31 days. The price is now at the 8.13% retracement level.
 Daily Technical Indicators: [See HRL daily technical indicators chart]
Daily Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Lane's Stochastic or strongly oversold daily Williams' Percentage Range. Daily Relative Strength Index and Lane's Stochastic have bullish divergence. Use the following links to access the Relative Strength Index and Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index and Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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, Relative Strength Index and Williams' Percentage Range help.
The daily MACD line is below its signal line since July 29, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term downtrend is strong.
The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. 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.
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