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Archive
- 10/9/2026 -
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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 -1.06 points, or -5.23%, and closed at 19.19 on Friday, October 9, 2026. Weekly volume was 41% above average.
 Long-term trend: [See HRL long-term trend chart]
A long-term downtrend had started on October 5, 2026 at 20.38 and reached 19.16 on October 9, 2026. HRL lost 1.22 points, or 5.99%, in 0 weeks. Price is near the trend low.
 Medium-term trend: [See HRL medium-term trend chart]
A medium-term downtrend had started on April 21, 2022 at 55.11 and reached 19.16 on October 9, 2026. HRL lost 35.95 points, or 65.23%, in 233 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend support line (19.28) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. 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 Relative Strength Index is oversold while Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Relative Strength Index or strongly oversold weekly Williams' Percentage Range and Lane's Stochastic. 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 weekly MACD line is below its signal line since August 28, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. 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 October 5, 2026 at 20.38 and reached 19.16 on October 9, 2026. HRL lost 1.22 points, or 5.99%, in 4 days. Price is near the trend low.
 Daily Technical Indicators: [See HRL daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range.
The daily MACD line is above its signal line since September 25, 2026. The distance between MACD and the signal line is low and getting smaller.
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.
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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