US stock / ETF

Hormel Foods Corporation

HRL · NYSE · USD

1 hourBearish92%
1h Downside probability 92%Bearish

HRL 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $20.74 and stabilize above resistance $21.23.

Invalidation Trigger

Break above $21.23 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 36.6, MACD -0.014

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.08549 (0.42%)

1h

EMA Structure

Bearish
EMA 8$20.64Bearish
EMA 21$20.74Bearish
EMA 50$20.79Bearish

Signals

CategoryReadStrength
Momentum
RSI 36.6 · MACD -0.014

Momentum is weak

Strength
Bearish
Volatility
ATR $0.08549 · BB 2.00%

Low volatility

Strength
Bullish
Volume
MFI 82.3 · OBV 2.39%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$20.46 - $21.23

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+3.72% · 9.0 ATR above latest close

$21.32
Nearest resistance

+3.31% · 8.0 ATR above · 34-bar high

$21.23
Current price

Price shown is delayed

$20.55
Nearest support

-0.44% · 1.1 ATR below · 34-bar low

$20.46
Deeper support zone

-0.85% · 2.1 ATR below latest close

$20.37
ATR zone

Latest close ± ATR14

$20.46 - $20.64

Indicators

Trend

Dow Theory Structure

Confirmation $20.55, invalidation $20.73

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

Trend strength is active

36.6 / 15.6 / 48.9Bearish
Supertrend (10,3)

Price is above Supertrend

$20.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$20.67 / $20.92Bearish
Donchian Channel (20)

20-period breakout channel position

19%Bearish

Volatility

ATR (14)

Low volatility

$0.08549 (0.42%)Bullish
Bollinger Bands (20,2)

Width 2.00%

4%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$20.91 / $20.55Bullish
ATR channel lower / upper

Current Volatility Envelope

$20.46 / $20.64Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$21.23Range
Support

Nearest Downside Decision Level

$20.46Range

Momentum

RSI (14)

Momentum is weak

36.6Bearish
MACD (12,26,9)

Histogram is negative

-0.014Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.9 / 25.3Bearish
Williams %R (14)

Neutral zone

-78.1Range
CCI (20)

Weak expansion

-134.7Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

82.3Bullish
OBV slope

20-period OBV slope

2.39%Bullish
Volume ratio

Relative to 20-period average volume

3.94xBullish

Trend

Dow Theory Structure

Confirmation $20.55, invalidation $20.73

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

Trend strength is active

36.6 / 15.6 / 48.9Bearish
Supertrend (10,3)

Price is above Supertrend

$20.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$20.67 / $20.92Bearish
Donchian Channel (20)

20-period breakout channel position

19%Bearish

Momentum

RSI (14)

Momentum is weak

36.6Bearish
MACD (12,26,9)

Histogram is negative

-0.014Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.9 / 25.3Bearish
Williams %R (14)

Neutral zone

-78.1Range
CCI (20)

Weak expansion

-134.7Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$0.08549 (0.42%)Bullish
Bollinger Bands (20,2)

Width 2.00%

4%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$20.91 / $20.55Bullish
ATR channel lower / upper

Current Volatility Envelope

$20.46 / $20.64Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

82.3Bullish
OBV slope

20-period OBV slope

2.39%Bullish
Volume ratio

Relative to 20-period average volume

3.94xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$21.23Range
Support

Nearest Downside Decision Level

$20.46Range

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