US stock / ETF

Hormel Foods Corporation

HRL · NYSE · USD

1 dayBearish74%
Daily Downside probability 74%Bearish

HRL 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $23.89 and stabilize above resistance $26.43.

Invalidation Trigger

Break above $26.43 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 17.9, MACD -0.340

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $0.5714 (2.68%)

Daily

EMA Structure

Bearish
EMA 8$22.96Bearish
EMA 21$23.89Bearish
EMA 50$24.17Bearish

Signals

CategoryReadStrength
Momentum
RSI 17.9 · MACD -0.340

Momentum is weak

Strength
Bearish
Volatility
ATR $0.5714 · BB 17.95%

Medium volatility

Strength
Range
Volume
MFI 12.7 · OBV -66.93%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$21.14 - $26.43

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+26.86% · 10.0 ATR above latest close

$27
Nearest resistance

+24.17% · 9.0 ATR above · 34-bar high

$26.43
Current price

Price shown is delayed

$21.29
Nearest support

-0.68% · 0.3 ATR below · 34-bar low

$21.14
Deeper support zone

-3.37% · 1.3 ATR below latest close

$20.57
ATR zone

Latest close ± ATR14

$20.71 - $21.86

Indicators

Trend

Dow Theory Structure

Confirmation $24.84, invalidation $23.92

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

Trend strength is active

47.0 / 7.2 / 59.4Bearish
Supertrend (10,3)

Price is above Supertrend

$19.51Bullish
Ichimoku Cloud

Cloud Span A / Span B

$23.39 / $23.87Bearish
Donchian Channel (20)

20-period breakout channel position

3%Bearish

Volatility

ATR (14)

Medium volatility

$0.5714 (2.68%)Range
Bollinger Bands (20,2)

Width 17.95%

-17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$25.07 / $22.64Range
ATR channel lower / upper

Current Volatility Envelope

$20.71 / $21.86Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.43Range
Support

Nearest Downside Decision Level

$21.14Range

Momentum

RSI (14)

Momentum is weak

17.9Bearish
MACD (12,26,9)

Histogram is negative

-0.340Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

3.9 / 5.3Bearish
Williams %R (14)

Oversold zone

-96.1Bullish
CCI (20)

Weak expansion

-291.5Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

12.7Bearish
OBV slope

20-period OBV slope

-66.93%Bearish
Volume ratio

Relative to 20-period average volume

0.25xBearish

Trend

Dow Theory Structure

Confirmation $24.84, invalidation $23.92

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

Trend strength is active

47.0 / 7.2 / 59.4Bearish
Supertrend (10,3)

Price is above Supertrend

$19.51Bullish
Ichimoku Cloud

Cloud Span A / Span B

$23.39 / $23.87Bearish
Donchian Channel (20)

20-period breakout channel position

3%Bearish

Momentum

RSI (14)

Momentum is weak

17.9Bearish
MACD (12,26,9)

Histogram is negative

-0.340Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

3.9 / 5.3Bearish
Williams %R (14)

Oversold zone

-96.1Bullish
CCI (20)

Weak expansion

-291.5Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volatility

ATR (14)

Medium volatility

$0.5714 (2.68%)Range
Bollinger Bands (20,2)

Width 17.95%

-17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$25.07 / $22.64Range
ATR channel lower / upper

Current Volatility Envelope

$20.71 / $21.86Range

Volume / Money Flow

MFI (14)

Money flow is weak

12.7Bearish
OBV slope

20-period OBV slope

-66.93%Bearish
Volume ratio

Relative to 20-period average volume

0.25xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.43Range
Support

Nearest Downside Decision Level

$21.14Range

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