US stock / ETF

Hormel Foods Corporation

HRL · NYSE · USD

1 weekBearish71%
Weekly Downside probability 71%Bearish

HRL 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $23.84 and stabilize above resistance $26.6.

Invalidation Trigger

Break above $26.6 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 39.2, MACD -0.098

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $1.57 (7.33%)

Weekly

EMA Structure

Range
EMA 8$23.86Bearish
EMA 21$23.84Bearish
EMA 50$24.46Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.2 · MACD -0.098

Momentum is weak

Strength
Bearish
Volatility
ATR $1.57 · BB 32.87%

High volatility

Strength
Bearish
Volume
MFI 61.8 · OBV -5.78%

Relative to 20-period average volume

Strength
Range
Price Levels
$19.7 - $26.6

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+31.25% · 4.3 ATR above latest close

$28.17
Nearest resistance

+23.92% · 3.3 ATR above · 34-bar high

$26.6
Current price

Price shown is delayed

$21.47
Nearest support

-8.22% · 1.1 ATR below · 34-bar low

$19.7
Deeper support zone

-15.55% · 2.1 ATR below latest close

$18.13
ATR zone

Latest close ± ATR14

$19.89 - $23.04

Indicators

Trend

Dow Theory Structure

Confirmation $19.7, invalidation $26.43

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

Trend strength is active

40.3 / 33.9 / 19.0Bullish
Supertrend (10,3)

Price is above Supertrend

$17.95Bullish
Ichimoku Cloud

Cloud Span A / Span B

$23.51 / $23.15Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Volatility

ATR (14)

High volatility

$1.57 (7.33%)Bearish
Bollinger Bands (20,2)

Width 32.87%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$26.98 / $20.71Bearish
ATR channel lower / upper

Current Volatility Envelope

$19.89 / $23.04Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.6Range
Support

Nearest Downside Decision Level

$19.7Range

Momentum

RSI (14)

Momentum is weak

39.2Bearish
MACD (12,26,9)

Histogram is negative

-0.098Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

11.2 / 47.3Bearish
Williams %R (14)

Oversold zone

-88.8Bullish
CCI (20)

Balanced zone

-44.5Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

61.8Bullish
OBV slope

20-period OBV slope

-5.78%Bearish
Volume ratio

Relative to 20-period average volume

1.50xBullish

Trend

Dow Theory Structure

Confirmation $19.7, invalidation $26.43

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

Trend strength is active

40.3 / 33.9 / 19.0Bullish
Supertrend (10,3)

Price is above Supertrend

$17.95Bullish
Ichimoku Cloud

Cloud Span A / Span B

$23.51 / $23.15Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Momentum

RSI (14)

Momentum is weak

39.2Bearish
MACD (12,26,9)

Histogram is negative

-0.098Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

11.2 / 47.3Bearish
Williams %R (14)

Oversold zone

-88.8Bullish
CCI (20)

Balanced zone

-44.5Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$1.57 (7.33%)Bearish
Bollinger Bands (20,2)

Width 32.87%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$26.98 / $20.71Bearish
ATR channel lower / upper

Current Volatility Envelope

$19.89 / $23.04Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

61.8Bullish
OBV slope

20-period OBV slope

-5.78%Bearish
Volume ratio

Relative to 20-period average volume

1.50xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.6Range
Support

Nearest Downside Decision Level

$19.7Range

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