US stock / ETF

Hormel Foods Corporation

HRL · NYSE · USD

12 hoursBearish77%
12h Downside probability 77%Bearish

HRL 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $20.03 and stabilize above resistance $21.1.

Invalidation Trigger

Break above $21.1 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 27.1, MACD -0.007

12h
Volatility EnvironmentBullish
Low volatility

ATR is $0.2556 (1.31%)

12h

EMA Structure

Bearish
EMA 8$19.8Bearish
EMA 21$20.03Bearish
EMA 50$20.7Bearish

Signals

CategoryReadStrength
Momentum
RSI 27.1 · MACD -0.007

Momentum is weak

Strength
Bearish
Volatility
ATR $0.2556 · BB 3.92%

Low volatility

Strength
Bullish
Volume
MFI 16.5 · OBV -41.15%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$19.42 - $21.1

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+9.83% · 7.5 ATR above latest close

$21.36
Nearest resistance

+8.51% · 6.5 ATR above · 34-bar high

$21.1
Current price

Price shown is delayed

$19.45
Nearest support

-0.13% · 0.1 ATR below · 34-bar low

$19.42
Deeper support zone

-1.44% · 1.1 ATR below latest close

$19.16
ATR zone

Latest close ± ATR14

$19.19 - $19.7

Indicators

Trend

Dow Theory Structure

Confirmation $20.38, invalidation $19.74

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

49.3 / 18.2 / 40.4Bearish
Supertrend (10,3)

Price is above Supertrend

$18.86Bullish
Ichimoku Cloud

Cloud Span A / Span B

$19.98 / $20.91Bearish
Donchian Channel (20)

20-period breakout channel position

3%Bearish

Volatility

ATR (14)

Low volatility

$0.2556 (1.31%)Bullish
Bollinger Bands (20,2)

Width 3.92%

-15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$20.49 / $19.54Bullish
ATR channel lower / upper

Current Volatility Envelope

$19.19 / $19.7Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$21.1Range
Support

Nearest Downside Decision Level

$19.42Range

Momentum

RSI (14)

Momentum is weak

27.1Bearish
MACD (12,26,9)

Histogram is negative

-0.007Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.6 / 10.9Bearish
Williams %R (14)

Oversold zone

-97.4Bullish
CCI (20)

Weak expansion

-188.9Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

16.5Bearish
OBV slope

20-period OBV slope

-41.15%Bearish
Volume ratio

Relative to 20-period average volume

0.99xRange

Trend

Dow Theory Structure

Confirmation $20.38, invalidation $19.74

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

49.3 / 18.2 / 40.4Bearish
Supertrend (10,3)

Price is above Supertrend

$18.86Bullish
Ichimoku Cloud

Cloud Span A / Span B

$19.98 / $20.91Bearish
Donchian Channel (20)

20-period breakout channel position

3%Bearish

Momentum

RSI (14)

Momentum is weak

27.1Bearish
MACD (12,26,9)

Histogram is negative

-0.007Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.6 / 10.9Bearish
Williams %R (14)

Oversold zone

-97.4Bullish
CCI (20)

Weak expansion

-188.9Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Low volatility

$0.2556 (1.31%)Bullish
Bollinger Bands (20,2)

Width 3.92%

-15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$20.49 / $19.54Bullish
ATR channel lower / upper

Current Volatility Envelope

$19.19 / $19.7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

16.5Bearish
OBV slope

20-period OBV slope

-41.15%Bearish
Volume ratio

Relative to 20-period average volume

0.99xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$21.1Range
Support

Nearest Downside Decision Level

$19.42Range

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