US stock / ETF

Hormel Foods Corporation

HRL · NYSE · USD

1 dayBearish64%
Daily Downside probability 64%Bearish

HRL 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $25.15 and stabilize above resistance $26.6.

Invalidation Trigger

Break above $26.6 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 49.6, MACD -0.094

Daily
Volatility EnvironmentRange
Low volatility

ATR is $0.5302 (2.12%)

Daily

EMA Structure

Bullish
EMA 8$25.21Bearish
EMA 21$25.15Bearish
EMA 50$24.54Bullish

Signals

CategoryReadStrength
Momentum
RSI 49.6 · MACD -0.094

Neutral zone

Strength
Bearish
Volatility
ATR $0.5302 · BB 4.65%

Low volatility

Strength
Range
Volume
MFI 32.1 · OBV -12.69%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$23.93 - $26.6

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+8.43% · 4.0 ATR above latest close

$27.13
Nearest resistance

+6.31% · 3.0 ATR above · 34-bar high

$26.6
Current price

Price shown is delayed

$25.02
Nearest support

-4.36% · 2.1 ATR below · 34-bar low

$23.93
Deeper support zone

-6.48% · 3.1 ATR below latest close

$23.4
ATR zone

Latest close ± ATR14

$24.49 - $25.55

Indicators

Trend

Dow Theory Structure

Confirmation $25.47, invalidation $24.84

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

24.8 / 23.2 / 23.6Bearish
Supertrend (10,3)

Price is above Supertrend

$23.45Bullish
Ichimoku Cloud

Cloud Span A / Span B

$25.46 / $23.71Bearish
Donchian Channel (20)

20-period breakout channel position

36%Range

Volatility

ATR (14)

Low volatility

$0.5302 (2.12%)Range
Bollinger Bands (20,2)

Width 4.65%

30%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$26.28 / $24.05Range
ATR channel lower / upper

Current Volatility Envelope

$24.49 / $25.55Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.6Range
Support

Nearest Downside Decision Level

$23.93Range

Momentum

RSI (14)

Neutral zone

49.6Range
MACD (12,26,9)

Histogram is negative

-0.094Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.3 / 22.8Bearish
Williams %R (14)

Oversold zone

-82.7Bullish
CCI (20)

Balanced zone

-42.4Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

32.1Bearish
OBV slope

20-period OBV slope

-12.69%Bearish
Volume ratio

Relative to 20-period average volume

0.33xBearish

Trend

Dow Theory Structure

Confirmation $25.47, invalidation $24.84

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

24.8 / 23.2 / 23.6Bearish
Supertrend (10,3)

Price is above Supertrend

$23.45Bullish
Ichimoku Cloud

Cloud Span A / Span B

$25.46 / $23.71Bearish
Donchian Channel (20)

20-period breakout channel position

36%Range

Momentum

RSI (14)

Neutral zone

49.6Range
MACD (12,26,9)

Histogram is negative

-0.094Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.3 / 22.8Bearish
Williams %R (14)

Oversold zone

-82.7Bullish
CCI (20)

Balanced zone

-42.4Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$0.5302 (2.12%)Range
Bollinger Bands (20,2)

Width 4.65%

30%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$26.28 / $24.05Range
ATR channel lower / upper

Current Volatility Envelope

$24.49 / $25.55Range

Volume / Money Flow

MFI (14)

Money flow is weak

32.1Bearish
OBV slope

20-period OBV slope

-12.69%Bearish
Volume ratio

Relative to 20-period average volume

0.33xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.6Range
Support

Nearest Downside Decision Level

$23.93Range

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