US stock / ETF

Hormel Foods Corporation

HRL · NYSE · USD

12 hoursBearish84%
12h Downside probability 84%Bearish

HRL 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

12h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $23.48 and stabilize above resistance $25.47.

Invalidation Trigger

Break above $25.47 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 18.8, MACD -0.287

12h
Volatility EnvironmentRange
Medium volatility

ATR is $0.6031 (2.81%)

12h

EMA Structure

Bearish
EMA 8$22.54Bearish
EMA 21$23.48Bearish
EMA 50$24.14Bearish

Signals

CategoryReadStrength
Momentum
RSI 18.8 · MACD -0.287

Momentum is weak

Strength
Bearish
Volatility
ATR $0.6031 · BB 17.22%

Medium volatility

Strength
Range
Volume
MFI 16.9 · OBV -16.53%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$21.14 - $25.47

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+21.44% · 7.6 ATR above latest close

$26.07
Nearest resistance

+18.63% · 6.6 ATR above · 34-bar high

$25.47
Current price

Price shown is delayed

$21.47
Nearest support

-1.51% · 0.5 ATR below · 34-bar low

$21.14
Deeper support zone

-4.32% · 1.5 ATR below latest close

$20.54
ATR zone

Latest close ± ATR14

$20.86 - $22.07

Indicators

Trend

Dow Theory Structure

Confirmation $23.76, invalidation $24.48

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

Trend strength is active

30.7 / 4.4 / 44.4Bearish
Supertrend (10,3)

Price is above Supertrend

$19.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$22.81 / $23.8Bearish
Donchian Channel (20)

20-period breakout channel position

9%Bearish

Volatility

ATR (14)

Medium volatility

$0.6031 (2.81%)Range
Bollinger Bands (20,2)

Width 17.22%

-5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$24.76 / $22.1Range
ATR channel lower / upper

Current Volatility Envelope

$20.86 / $22.07Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$25.47Range
Support

Nearest Downside Decision Level

$21.14Range

Momentum

RSI (14)

Momentum is weak

18.8Bearish
MACD (12,26,9)

Histogram is negative

-0.287Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.9 / 5.3Bullish
Williams %R (14)

Oversold zone

-91.1Bullish
CCI (20)

Weak expansion

-223.5Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

16.9Bearish
OBV slope

20-period OBV slope

-16.53%Bearish
Volume ratio

Relative to 20-period average volume

0.98xRange

Trend

Dow Theory Structure

Confirmation $23.76, invalidation $24.48

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

Trend strength is active

30.7 / 4.4 / 44.4Bearish
Supertrend (10,3)

Price is above Supertrend

$19.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$22.81 / $23.8Bearish
Donchian Channel (20)

20-period breakout channel position

9%Bearish

Momentum

RSI (14)

Momentum is weak

18.8Bearish
MACD (12,26,9)

Histogram is negative

-0.287Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.9 / 5.3Bullish
Williams %R (14)

Oversold zone

-91.1Bullish
CCI (20)

Weak expansion

-223.5Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Medium volatility

$0.6031 (2.81%)Range
Bollinger Bands (20,2)

Width 17.22%

-5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$24.76 / $22.1Range
ATR channel lower / upper

Current Volatility Envelope

$20.86 / $22.07Range

Volume / Money Flow

MFI (14)

Money flow is weak

16.9Bearish
OBV slope

20-period OBV slope

-16.53%Bearish
Volume ratio

Relative to 20-period average volume

0.98xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$25.47Range
Support

Nearest Downside Decision Level

$21.14Range

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