US stock / ETF

Hormel Foods Corporation

HRL · NYSE · USD

1 hourBearish92%
1h Downside probability 92%Bearish

HRL 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $19.63 and stabilize above resistance $20.16.

Invalidation Trigger

Break above $20.16 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 35.4, MACD -0.007

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.09840 (0.51%)

1h

EMA Structure

Bearish
EMA 8$19.52Bearish
EMA 21$19.63Bearish
EMA 50$19.79Bearish

Signals

CategoryReadStrength
Momentum
RSI 35.4 · MACD -0.007

Momentum is weak

Strength
Bearish
Volatility
ATR $0.09840 · BB 2.92%

Low volatility

Strength
Bullish
Volume
MFI 29.0 · OBV -30.21%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$19.42 - $20.16

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+4.21% · 8.3 ATR above latest close

$20.26
Nearest resistance

+3.7% · 7.3 ATR above · 34-bar high

$20.16
Current price

Price shown is delayed

$19.45
Nearest support

-0.13% · 0.3 ATR below · 34-bar low

$19.42
Deeper support zone

-0.63% · 1.3 ATR below latest close

$19.32
ATR zone

Latest close ± ATR14

$19.35 - $19.54

Indicators

Trend

Dow Theory Structure

Confirmation $19.73, invalidation $19.43

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

25.7 / 17.1 / 14.9Bullish
Supertrend (10,3)

Price is above Supertrend

$19.16Bullish
Ichimoku Cloud

Cloud Span A / Span B

$19.68 / $19.9Bearish
Donchian Channel (20)

20-period breakout channel position

3%Bearish

Volatility

ATR (14)

Low volatility

$0.09840 (0.51%)Bullish
Bollinger Bands (20,2)

Width 2.92%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$19.85 / $19.41Bullish
ATR channel lower / upper

Current Volatility Envelope

$19.35 / $19.54Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$20.16Range
Support

Nearest Downside Decision Level

$19.42Range

Momentum

RSI (14)

Momentum is weak

35.4Bearish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

8.1 / 15.8Bearish
Williams %R (14)

Oversold zone

-91.9Bullish
CCI (20)

Weak expansion

-108.7Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

29.0Bearish
OBV slope

20-period OBV slope

-30.21%Bearish
Volume ratio

Relative to 20-period average volume

1.37xBullish

Trend

Dow Theory Structure

Confirmation $19.73, invalidation $19.43

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

25.7 / 17.1 / 14.9Bullish
Supertrend (10,3)

Price is above Supertrend

$19.16Bullish
Ichimoku Cloud

Cloud Span A / Span B

$19.68 / $19.9Bearish
Donchian Channel (20)

20-period breakout channel position

3%Bearish

Momentum

RSI (14)

Momentum is weak

35.4Bearish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

8.1 / 15.8Bearish
Williams %R (14)

Oversold zone

-91.9Bullish
CCI (20)

Weak expansion

-108.7Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Low volatility

$0.09840 (0.51%)Bullish
Bollinger Bands (20,2)

Width 2.92%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$19.85 / $19.41Bullish
ATR channel lower / upper

Current Volatility Envelope

$19.35 / $19.54Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

29.0Bearish
OBV slope

20-period OBV slope

-30.21%Bearish
Volume ratio

Relative to 20-period average volume

1.37xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$20.16Range
Support

Nearest Downside Decision Level

$19.42Range

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