US stock / ETF

Hormel Foods Corporation

HRL · NYSE · USD

1 hourBullish55%
1h Upside probability 55%Bullish

HRL 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: price is below EMA21, short trend is weak

Confirmation Trigger

Hold above $24.5 and reclaim $26.12.

Invalidation Trigger

Lose $24.5 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 48.0, MACD -0.086

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.1614 (0.64%)

1h

EMA Structure

Range
EMA 8$25.48Bearish
EMA 21$25.5Bearish
EMA 50$25.26Bullish

Signals

CategoryReadStrength
Momentum
RSI 48.0 · MACD -0.086

Neutral zone

Strength
Bearish
Volatility
ATR $0.1614 · BB 3.23%

Low volatility

Strength
Bullish
Volume
MFI 50.4 · OBV 3.68%

Relative to 20-period average volume

Strength
Range
Price Levels
$24.5 - $26.12

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.51% · 5.5 ATR above latest close

$26.28
Nearest resistance

+2.88% · 4.5 ATR above · 34-bar high

$26.12
Current price

Price shown is delayed

$25.39
Nearest support

-3.51% · 5.5 ATR below · 34-bar low

$24.5
Deeper support zone

-4.14% · 6.5 ATR below latest close

$24.34
ATR zone

Latest close ± ATR14

$25.23 - $25.55

Indicators

Trend

Dow Theory Structure

Confirmation $26.12, invalidation $25.5

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

Trend strength is moderate

20.6 / 17.9 / 38.9Bearish
Supertrend (10,3)

Price is above Supertrend

$24.92Bullish
Ichimoku Cloud

Cloud Span A / Span B

$25.5 / $25.2Bearish
Donchian Channel (20)

20-period breakout channel position

15%Range

Volatility

ATR (14)

Low volatility

$0.1614 (0.64%)Bullish
Bollinger Bands (20,2)

Width 3.23%

19%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$25.82 / $25.2Bullish
ATR channel lower / upper

Current Volatility Envelope

$25.23 / $25.55Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.12Range
Support

Nearest Downside Decision Level

$24.5Range

Momentum

RSI (14)

Neutral zone

48.0Range
MACD (12,26,9)

Histogram is negative

-0.086Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

15.1 / 10.7Bullish
Williams %R (14)

Oversold zone

-84.9Bullish
CCI (20)

Balanced zone

-97.2Range
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.4Range
OBV slope

20-period OBV slope

3.68%Bullish
Volume ratio

Relative to 20-period average volume

4.27xBullish

Trend

Dow Theory Structure

Confirmation $26.12, invalidation $25.5

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

Trend strength is moderate

20.6 / 17.9 / 38.9Bearish
Supertrend (10,3)

Price is above Supertrend

$24.92Bullish
Ichimoku Cloud

Cloud Span A / Span B

$25.5 / $25.2Bearish
Donchian Channel (20)

20-period breakout channel position

15%Range

Momentum

RSI (14)

Neutral zone

48.0Range
MACD (12,26,9)

Histogram is negative

-0.086Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

15.1 / 10.7Bullish
Williams %R (14)

Oversold zone

-84.9Bullish
CCI (20)

Balanced zone

-97.2Range
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Low volatility

$0.1614 (0.64%)Bullish
Bollinger Bands (20,2)

Width 3.23%

19%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$25.82 / $25.2Bullish
ATR channel lower / upper

Current Volatility Envelope

$25.23 / $25.55Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.4Range
OBV slope

20-period OBV slope

3.68%Bullish
Volume ratio

Relative to 20-period average volume

4.27xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.12Range
Support

Nearest Downside Decision Level

$24.5Range

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