|
|
Downtrend ExhaustionArchive
- 5/2/2025 -
Sign In to see current Signals. |
Hormel Foods Corp. (HRL) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Hormel Foods Corp. (HRL). During the week, the HRL dropped -0.39 points, or -1.31%, and closed at 29.31 on Friday, May 2, 2025. Weekly volume was 7% 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 (28.61). 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 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. Price is near the Fibonacci 61.8% 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 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 downtrend had started on April 4, 2025 at 32.07 and reached 28.78 on April 9, 2025. HRL lost 3.29 points, or 10.26%, in 5 days. The price is now at the 16.11% retracement level.
 Daily Technical Indicators: [See HRL daily technical indicators chart]
Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold 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 link to access Lane's Stochastic help.
The daily MACD line is below its signal line since April 24, 2025. This is an indication that the short-term trend is down.
A Parabolic SAR (stop and reversal) indicator (29.21) comes close to the price (29.31). It indicates that the trend is getting weaker. 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.
| |
|
|