US stock / ETF

Hormel Foods Corporation

HRL · NYSE · USD

1 dayBearish80%
Daily Downside probability 80%Bearish

HRL 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $20.4 and stabilize above resistance $24.17.

Invalidation Trigger

Break above $24.17 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 26.7, MACD 0.079

Daily
Volatility EnvironmentRange
Low volatility

ATR is $0.4069 (2.09%)

Daily

EMA Structure

Bearish
EMA 8$19.85Bearish
EMA 21$20.4Bearish
EMA 50$21.62Bearish

Signals

CategoryReadStrength
Momentum
RSI 26.7 · MACD 0.079

Momentum is weak

Strength
Bearish
Volatility
ATR $0.4069 · BB 9.39%

Low volatility

Strength
Range
Volume
MFI 32.0 · OBV -5.92%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$19.42 - $24.17

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+26% · 12.5 ATR above latest close

$24.58
Nearest resistance

+23.92% · 11.5 ATR above · 34-bar high

$24.17
Current price

Price shown is delayed

$19.51
Nearest support

-0.44% · 0.2 ATR below · 34-bar low

$19.42
Deeper support zone

-2.52% · 1.2 ATR below latest close

$19.01
ATR zone

Latest close ± ATR14

$19.1 - $19.91

Indicators

Trend

Dow Theory Structure

Confirmation $19.42, invalidation $20.35

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

54.6 / 12.6 / 37.9Bearish
Supertrend (10,3)

Price is above Supertrend

$18.44Bullish
Ichimoku Cloud

Cloud Span A / Span B

$20.4 / $22.93Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Volatility

ATR (14)

Low volatility

$0.4069 (2.09%)Range
Bollinger Bands (20,2)

Width 9.39%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$21.11 / $19.59Range
ATR channel lower / upper

Current Volatility Envelope

$19.1 / $19.91Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$24.17Range
Support

Nearest Downside Decision Level

$19.42Range

Momentum

RSI (14)

Momentum is weak

26.7Bearish
MACD (12,26,9)

Histogram is positive

0.079Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.0 / 13.7Bearish
Williams %R (14)

Oversold zone

-94.0Bullish
CCI (20)

Weak expansion

-110.2Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

32.0Bearish
OBV slope

20-period OBV slope

-5.92%Bearish
Volume ratio

Relative to 20-period average volume

0.25xBearish

Trend

Dow Theory Structure

Confirmation $19.42, invalidation $20.35

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

54.6 / 12.6 / 37.9Bearish
Supertrend (10,3)

Price is above Supertrend

$18.44Bullish
Ichimoku Cloud

Cloud Span A / Span B

$20.4 / $22.93Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Momentum

RSI (14)

Momentum is weak

26.7Bearish
MACD (12,26,9)

Histogram is positive

0.079Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.0 / 13.7Bearish
Williams %R (14)

Oversold zone

-94.0Bullish
CCI (20)

Weak expansion

-110.2Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$0.4069 (2.09%)Range
Bollinger Bands (20,2)

Width 9.39%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$21.11 / $19.59Range
ATR channel lower / upper

Current Volatility Envelope

$19.1 / $19.91Range

Volume / Money Flow

MFI (14)

Money flow is weak

32.0Bearish
OBV slope

20-period OBV slope

-5.92%Bearish
Volume ratio

Relative to 20-period average volume

0.25xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$24.17Range
Support

Nearest Downside Decision Level

$19.42Range

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