US stock / ETF

Hormel Foods Corporation

HRL · NYSE · USD

1 monthBearish69%
Monthly Downside probability 69%Bearish

HRL 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $26.85 and stabilize above resistance $39.58.

Invalidation Trigger

Break above $39.58 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Monthly
Momentum StateRange
Momentum mixed

RSI 46.2, MACD 0.309

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $3.09 (11.64%)

Monthly

EMA Structure

Bearish
EMA 8$24.42Bullish
EMA 21$26.85Bearish
EMA 50$33.24Bearish

Signals

CategoryReadStrength
Momentum
RSI 46.2 · MACD 0.309

Neutral zone

Strength
Range
Volatility
ATR $3.09 · BB 52.03%

High volatility

Strength
Bearish
Volume
MFI 51.9 · OBV -30.45%

Relative to 20-period average volume

Strength
Range
Price Levels
$19.71 - $39.58

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+61% · 5.2 ATR above latest close

$42.67
Nearest resistance

+49.36% · 4.2 ATR above · 34-bar high

$39.58
Current price

Price shown is delayed

$26.5
Nearest support

-25.62% · 2.2 ATR below · 34-bar low

$19.71
Deeper support zone

-37.27% · 3.2 ATR below latest close

$16.62
ATR zone

Latest close ± ATR14

$23.41 - $29.59

Indicators

Trend

Dow Theory Structure

Confirmation $21.03, invalidation $26.17

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

Trend strength is active

39.2 / 16.7 / 29.3Bearish
Supertrend (10,3)

Price is above Supertrend

$15.77Bullish
Ichimoku Cloud

Cloud Span A / Span B

$25.72 / $37.41Bearish
Donchian Channel (20)

20-period breakout channel position

48%Range

Volatility

ATR (14)

High volatility

$3.09 (11.64%)Bearish
Bollinger Bands (20,2)

Width 52.03%

48%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$32.63 / $20.65Bearish
ATR channel lower / upper

Current Volatility Envelope

$23.41 / $29.59Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$39.58Range
Support

Nearest Downside Decision Level

$19.71Range

Momentum

RSI (14)

Neutral zone

46.2Range
MACD (12,26,9)

Histogram is positive

0.309Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

55.9 / 31.4Bullish
Williams %R (14)

Neutral zone

-44.1Range
CCI (20)

Balanced zone

-28.6Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.9Range
OBV slope

20-period OBV slope

-30.45%Bearish
Volume ratio

Relative to 20-period average volume

1.18xBullish

Trend

Dow Theory Structure

Confirmation $21.03, invalidation $26.17

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

Trend strength is active

39.2 / 16.7 / 29.3Bearish
Supertrend (10,3)

Price is above Supertrend

$15.77Bullish
Ichimoku Cloud

Cloud Span A / Span B

$25.72 / $37.41Bearish
Donchian Channel (20)

20-period breakout channel position

48%Range

Momentum

RSI (14)

Neutral zone

46.2Range
MACD (12,26,9)

Histogram is positive

0.309Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

55.9 / 31.4Bullish
Williams %R (14)

Neutral zone

-44.1Range
CCI (20)

Balanced zone

-28.6Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$3.09 (11.64%)Bearish
Bollinger Bands (20,2)

Width 52.03%

48%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$32.63 / $20.65Bearish
ATR channel lower / upper

Current Volatility Envelope

$23.41 / $29.59Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.9Range
OBV slope

20-period OBV slope

-30.45%Bearish
Volume ratio

Relative to 20-period average volume

1.18xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$39.58Range
Support

Nearest Downside Decision Level

$19.71Range

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