US stock / ETF

Hormel Foods Corporation

HRL · NYSE · USD

1 monthBearish66%
Monthly Downside probability 66%Bearish

HRL 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $26.58 and stabilize above resistance $38.27.

Invalidation Trigger

Break above $38.27 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Monthly
Momentum StateRange
Momentum mixed

RSI 43.9, MACD 0.378

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $3.1 (12.22%)

Monthly

EMA Structure

Bearish
EMA 8$24.34Bullish
EMA 21$26.58Bearish
EMA 50$32.05Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.9 · MACD 0.378

Momentum is weak

Strength
Range
Volatility
ATR $3.1 · BB 49.40%

High volatility

Strength
Bearish
Volume
MFI 56.8 · OBV 6.70%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$19.7 - $38.27

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+62.95% · 5.2 ATR above latest close

$41.37
Nearest resistance

+50.73% · 4.2 ATR above · 34-bar high

$38.27
Current price

Price shown is delayed

$25.39
Nearest support

-22.41% · 1.8 ATR below · 34-bar low

$19.7
Deeper support zone

-34.63% · 2.8 ATR below latest close

$16.6
ATR zone

Latest close ± ATR14

$22.29 - $28.49

Indicators

Trend

Dow Theory Structure

Confirmation $19.7, invalidation $26.22

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

Trend strength is active

38.7 / 16.7 / 29.1Bearish
Supertrend (10,3)

Price is above Supertrend

$15.98Bullish
Ichimoku Cloud

Cloud Span A / Span B

$24.95 / $37.41Bearish
Donchian Channel (20)

20-period breakout channel position

40%Bearish

Volatility

ATR (14)

High volatility

$3.1 (12.22%)Bearish
Bollinger Bands (20,2)

Width 49.40%

43%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$32.51 / $20.24Bearish
ATR channel lower / upper

Current Volatility Envelope

$22.29 / $28.49Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$38.27Range
Support

Nearest Downside Decision Level

$19.7Range

Momentum

RSI (14)

Momentum is weak

43.9Bearish
MACD (12,26,9)

Histogram is positive

0.378Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.8 / 39.1Bullish
Williams %R (14)

Neutral zone

-53.2Range
CCI (20)

Balanced zone

-25.1Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.8Bullish
OBV slope

20-period OBV slope

6.70%Bullish
Volume ratio

Relative to 20-period average volume

0.48xBearish

Trend

Dow Theory Structure

Confirmation $19.7, invalidation $26.22

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

Trend strength is active

38.7 / 16.7 / 29.1Bearish
Supertrend (10,3)

Price is above Supertrend

$15.98Bullish
Ichimoku Cloud

Cloud Span A / Span B

$24.95 / $37.41Bearish
Donchian Channel (20)

20-period breakout channel position

40%Bearish

Momentum

RSI (14)

Momentum is weak

43.9Bearish
MACD (12,26,9)

Histogram is positive

0.378Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.8 / 39.1Bullish
Williams %R (14)

Neutral zone

-53.2Range
CCI (20)

Balanced zone

-25.1Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$3.1 (12.22%)Bearish
Bollinger Bands (20,2)

Width 49.40%

43%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$32.51 / $20.24Bearish
ATR channel lower / upper

Current Volatility Envelope

$22.29 / $28.49Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.8Bullish
OBV slope

20-period OBV slope

6.70%Bullish
Volume ratio

Relative to 20-period average volume

0.48xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$38.27Range
Support

Nearest Downside Decision Level

$19.7Range

Related Forecasts