US stock / ETF

Hormel Foods Corporation

HRL · NYSE · USD

1 hourBearish89%
1h Downside probability 89%Bearish

HRL 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $21.79 and stabilize above resistance $23.99.

Invalidation Trigger

Break above $23.99 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateRange
Momentum mixed

RSI 33.8, MACD 0.064

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.1328 (0.62%)

1h

EMA Structure

Bearish
EMA 8$21.41Bullish
EMA 21$21.79Bearish
EMA 50$22.56Bearish

Signals

CategoryReadStrength
Momentum
RSI 33.8 · MACD 0.064

Momentum is weak

Strength
Range
Volatility
ATR $0.1328 · BB 10.50%

Low volatility

Strength
Bullish
Volume
MFI 50.6 · OBV -44.31%

Relative to 20-period average volume

Strength
Range
Price Levels
$21.14 - $23.99

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+12.38% · 20.0 ATR above latest close

$24.12
Nearest resistance

+11.76% · 19.0 ATR above · 34-bar high

$23.99
Current price

Price shown is delayed

$21.47
Nearest support

-1.51% · 2.4 ATR below · 34-bar low

$21.14
Deeper support zone

-2.13% · 3.4 ATR below latest close

$21.01
ATR zone

Latest close ± ATR14

$21.33 - $21.6

Indicators

Trend

Dow Theory Structure

Confirmation $21.14, invalidation $21.53

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

Trend strength is active

60.4 / 18.8 / 26.6Bearish
Supertrend (10,3)

Price is above Supertrend

$21.05Bullish
Ichimoku Cloud

Cloud Span A / Span B

$21.91 / $22.63Bearish
Donchian Channel (20)

20-period breakout channel position

12%Bearish

Volatility

ATR (14)

Low volatility

$0.1328 (0.62%)Bullish
Bollinger Bands (20,2)

Width 10.50%

44%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$21.99 / $21.51Bullish
ATR channel lower / upper

Current Volatility Envelope

$21.33 / $21.6Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$23.99Range
Support

Nearest Downside Decision Level

$21.14Range

Momentum

RSI (14)

Momentum is weak

33.8Bearish
MACD (12,26,9)

Histogram is positive

0.064Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

65.7 / 39.1Bullish
Williams %R (14)

Neutral zone

-34.3Range
CCI (20)

Balanced zone

-36.0Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.6Range
OBV slope

20-period OBV slope

-44.31%Bearish
Volume ratio

Relative to 20-period average volume

1.07xRange

Trend

Dow Theory Structure

Confirmation $21.14, invalidation $21.53

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

Trend strength is active

60.4 / 18.8 / 26.6Bearish
Supertrend (10,3)

Price is above Supertrend

$21.05Bullish
Ichimoku Cloud

Cloud Span A / Span B

$21.91 / $22.63Bearish
Donchian Channel (20)

20-period breakout channel position

12%Bearish

Momentum

RSI (14)

Momentum is weak

33.8Bearish
MACD (12,26,9)

Histogram is positive

0.064Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

65.7 / 39.1Bullish
Williams %R (14)

Neutral zone

-34.3Range
CCI (20)

Balanced zone

-36.0Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$0.1328 (0.62%)Bullish
Bollinger Bands (20,2)

Width 10.50%

44%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$21.99 / $21.51Bullish
ATR channel lower / upper

Current Volatility Envelope

$21.33 / $21.6Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.6Range
OBV slope

20-period OBV slope

-44.31%Bearish
Volume ratio

Relative to 20-period average volume

1.07xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$23.99Range
Support

Nearest Downside Decision Level

$21.14Range

Related Forecasts