US stock / ETF

Hormel Foods Corporation

HRL · NYSE · USD

1 dayBullish81%
Daily Upside probability 81%Bullish

HRL 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $22.9 and reclaim $26.6.

Invalidation Trigger

Lose $22.9 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 59.7, MACD -0.049

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $0.6470 (2.55%)

Daily

EMA Structure

Bullish
EMA 8$25.17Bullish
EMA 21$24.84Bullish
EMA 50$23.99Bullish

Signals

CategoryReadStrength
Momentum
RSI 59.7 · MACD -0.049

Momentum is strong

Strength
Bullish
Volatility
ATR $0.6470 · BB 10.07%

Medium volatility

Strength
Range
Volume
MFI 48.8 · OBV 53.65%

Relative to 20-period average volume

Strength
Range
Price Levels
$22.9 - $26.6

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+7.31% · 2.9 ATR above latest close

$27.25
Nearest resistance

+4.77% · 1.9 ATR above · 34-bar high

$26.6
Current price

Price shown is delayed

$25.39
Nearest support

-9.81% · 3.8 ATR below · 34-bar low

$22.9
Deeper support zone

-12.36% · 4.8 ATR below latest close

$22.25
ATR zone

Latest close ± ATR14

$24.74 - $26.04

Indicators

Trend

Dow Theory Structure

Confirmation $24.92, invalidation $24.22

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

Trend strength is moderate

8.8 / 22.4 / 24.2Bearish
Supertrend (10,3)

Price is above Supertrend

$23.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$25.22 / $23.15Bullish
Donchian Channel (20)

20-period breakout channel position

55%Range

Volatility

ATR (14)

Medium volatility

$0.6470 (2.55%)Range
Bollinger Bands (20,2)

Width 10.07%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$26.09 / $23.65Range
ATR channel lower / upper

Current Volatility Envelope

$24.74 / $26.04Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.6Range
Support

Nearest Downside Decision Level

$22.9Range

Momentum

RSI (14)

Momentum is strong

59.7Bullish
MACD (12,26,9)

Histogram is negative

-0.049Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

60.1 / 58.2Bullish
Williams %R (14)

Neutral zone

-39.9Range
CCI (20)

Balanced zone

63.5Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.8Range
OBV slope

20-period OBV slope

53.65%Bullish
Volume ratio

Relative to 20-period average volume

0.81xBearish

Trend

Dow Theory Structure

Confirmation $24.92, invalidation $24.22

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

Trend strength is moderate

8.8 / 22.4 / 24.2Bearish
Supertrend (10,3)

Price is above Supertrend

$23.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$25.22 / $23.15Bullish
Donchian Channel (20)

20-period breakout channel position

55%Range

Momentum

RSI (14)

Momentum is strong

59.7Bullish
MACD (12,26,9)

Histogram is negative

-0.049Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

60.1 / 58.2Bullish
Williams %R (14)

Neutral zone

-39.9Range
CCI (20)

Balanced zone

63.5Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

Medium volatility

$0.6470 (2.55%)Range
Bollinger Bands (20,2)

Width 10.07%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$26.09 / $23.65Range
ATR channel lower / upper

Current Volatility Envelope

$24.74 / $26.04Range

Volume / Money Flow

MFI (14)

Money flow is neutral

48.8Range
OBV slope

20-period OBV slope

53.65%Bullish
Volume ratio

Relative to 20-period average volume

0.81xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.6Range
Support

Nearest Downside Decision Level

$22.9Range

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