US stock / ETF

Hormel Foods Corporation

HRL · NYSE · USD

12 hoursRange49%
12h Range probability 98%Range

HRL 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Break either side of $18.96 - $21.38 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 50.8, MACD -0.022

12h
Volatility EnvironmentBullish
Low volatility

ATR is $0.2835 (1.38%)

12h

EMA Structure

Bullish
EMA 8$20.78Bearish
EMA 21$20.59Bearish
EMA 50$20.53Bullish

Signals

CategoryReadStrength
Momentum
RSI 50.8 · MACD -0.022

Neutral zone

Strength
Bearish
Volatility
ATR $0.2835 · BB 7.06%

Low volatility

Strength
Bullish
Volume
MFI 29.7 · OBV 15.42%

Relative to 20-period average volume

Strength
Range
Price Levels
$18.96 - $21.38

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+5.39% · 3.9 ATR above latest close

$21.66
Nearest resistance

+4.01% · 2.9 ATR above · 34-bar high

$21.38
Current price

Price shown is delayed

$20.55
Nearest support

-7.74% · 5.6 ATR below · 34-bar low

$18.96
Deeper support zone

-9.12% · 6.6 ATR below latest close

$18.68
ATR zone

Latest close ± ATR14

$20.27 - $20.83

Indicators

Trend

Dow Theory Structure

Confirmation $21.38, invalidation $20.17

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

Trend strength is active

55.0 / 27.6 / 33.1Bearish
Supertrend (10,3)

Price is above Supertrend

$19.73Bullish
Ichimoku Cloud

Cloud Span A / Span B

$20.54 / $20.17Bullish
Donchian Channel (20)

20-period breakout channel position

44%Range

Volatility

ATR (14)

Low volatility

$0.2835 (1.38%)Bullish
Bollinger Bands (20,2)

Width 7.06%

44%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$21.18 / $20.03Bullish
ATR channel lower / upper

Current Volatility Envelope

$20.27 / $20.83Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$21.38Range
Support

Nearest Downside Decision Level

$18.96Range

Momentum

RSI (14)

Neutral zone

50.8Range
MACD (12,26,9)

Histogram is negative

-0.022Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

31.5 / 44.0Bearish
Williams %R (14)

Neutral zone

-68.5Range
CCI (20)

Balanced zone

-12.4Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

29.7Bearish
OBV slope

20-period OBV slope

15.42%Bullish
Volume ratio

Relative to 20-period average volume

1.21xBullish

Trend

Dow Theory Structure

Confirmation $21.38, invalidation $20.17

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

Trend strength is active

55.0 / 27.6 / 33.1Bearish
Supertrend (10,3)

Price is above Supertrend

$19.73Bullish
Ichimoku Cloud

Cloud Span A / Span B

$20.54 / $20.17Bullish
Donchian Channel (20)

20-period breakout channel position

44%Range

Momentum

RSI (14)

Neutral zone

50.8Range
MACD (12,26,9)

Histogram is negative

-0.022Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

31.5 / 44.0Bearish
Williams %R (14)

Neutral zone

-68.5Range
CCI (20)

Balanced zone

-12.4Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Low volatility

$0.2835 (1.38%)Bullish
Bollinger Bands (20,2)

Width 7.06%

44%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$21.18 / $20.03Bullish
ATR channel lower / upper

Current Volatility Envelope

$20.27 / $20.83Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

29.7Bearish
OBV slope

20-period OBV slope

15.42%Bullish
Volume ratio

Relative to 20-period average volume

1.21xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$21.38Range
Support

Nearest Downside Decision Level

$18.96Range

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