US stock / ETF

Hormel Foods Corporation

HRL · NYSE · USD

1 monthBearish68%
Monthly Downside probability 68%Bearish

HRL 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $25.1 and stabilize above resistance $36.86.

Invalidation Trigger

Break above $36.86 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Monthly
Momentum StateRange
Momentum mixed

RSI 35.8, MACD 0.054

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $3.01 (14.6%)

Monthly

EMA Structure

Bearish
EMA 8$22.37Bearish
EMA 21$25.1Bearish
EMA 50$30.76Bearish

Signals

CategoryReadStrength
Momentum
RSI 35.8 · MACD 0.054

Momentum is weak

Strength
Range
Volatility
ATR $3.01 · BB 53.50%

High volatility

Strength
Bearish
Volume
MFI 53.7 · OBV 9.56%

Relative to 20-period average volume

Strength
Range
Price Levels
$18.96 - $36.86

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+93.45% · 6.4 ATR above latest close

$39.87
Nearest resistance

+78.85% · 5.4 ATR above · 34-bar high

$36.86
Current price

Price shown is delayed

$20.61
Nearest support

-8.01% · 0.5 ATR below · 34-bar low

$18.96
Deeper support zone

-22.61% · 1.5 ATR below latest close

$15.95
ATR zone

Latest close ± ATR14

$17.6 - $23.62

Indicators

Trend

Dow Theory Structure

Confirmation $26.6, invalidation $19.7

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

Trend strength is active

40.2 / 15.8 / 28.0Bearish
Supertrend (10,3)

Price is above Supertrend

$10.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$24.58 / $35.33Bearish
Donchian Channel (20)

20-period breakout channel position

13%Bearish

Volatility

ATR (14)

High volatility

$3.01 (14.6%)Bearish
Bollinger Bands (20,2)

Width 53.50%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$31.3 / $18.48Bearish
ATR channel lower / upper

Current Volatility Envelope

$17.6 / $23.62Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$36.86Range
Support

Nearest Downside Decision Level

$18.96Range

Momentum

RSI (14)

Momentum is weak

35.8Bearish
MACD (12,26,9)

Histogram is positive

0.054Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.6 / 14.7Bullish
Williams %R (14)

Neutral zone

-78.4Range
CCI (20)

Weak expansion

-118.0Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.7Range
OBV slope

20-period OBV slope

9.56%Bullish
Volume ratio

Relative to 20-period average volume

0.99xRange

Trend

Dow Theory Structure

Confirmation $26.6, invalidation $19.7

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

Trend strength is active

40.2 / 15.8 / 28.0Bearish
Supertrend (10,3)

Price is above Supertrend

$10.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$24.58 / $35.33Bearish
Donchian Channel (20)

20-period breakout channel position

13%Bearish

Momentum

RSI (14)

Momentum is weak

35.8Bearish
MACD (12,26,9)

Histogram is positive

0.054Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.6 / 14.7Bullish
Williams %R (14)

Neutral zone

-78.4Range
CCI (20)

Weak expansion

-118.0Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$3.01 (14.6%)Bearish
Bollinger Bands (20,2)

Width 53.50%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$31.3 / $18.48Bearish
ATR channel lower / upper

Current Volatility Envelope

$17.6 / $23.62Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.7Range
OBV slope

20-period OBV slope

9.56%Bullish
Volume ratio

Relative to 20-period average volume

0.99xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$36.86Range
Support

Nearest Downside Decision Level

$18.96Range

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