US stock / ETF

Hormel Foods Corporation

HRL · NYSE · USD

1 weekBullish92%
Weekly Upside probability 92%Bullish

HRL 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $19.7 and reclaim $26.6.

Invalidation Trigger

Lose $19.7 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 57.0, MACD 0.510

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $1.45 (5.73%)

Weekly

EMA Structure

Range
EMA 8$24.47Bullish
EMA 21$23.7Bullish
EMA 50$24.55Bullish

Signals

CategoryReadStrength
Momentum
RSI 57.0 · MACD 0.510

Momentum is strong

Strength
Bullish
Volatility
ATR $1.45 · BB 31.82%

High volatility

Strength
Bearish
Volume
MFI 64.1 · OBV 290.31%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$19.7 - $26.6

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+10.49% · 1.8 ATR above latest close

$28.05
Nearest resistance

+4.77% · 0.8 ATR above · 34-bar high

$26.6
Current price

Price shown is delayed

$25.39
Nearest support

-22.41% · 3.9 ATR below · 34-bar low

$19.7
Deeper support zone

-28.14% · 4.9 ATR below latest close

$18.25
ATR zone

Latest close ± ATR14

$23.94 - $26.84

Indicators

Trend

Dow Theory Structure

Confirmation $26.6, invalidation $19.7

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

Trend strength is active

30.9 / 40.0 / 10.7Bullish
Supertrend (10,3)

Price is above Supertrend

$20.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$23.16 / $24.74Bullish
Donchian Channel (20)

20-period breakout channel position

82%Bullish

Volatility

ATR (14)

High volatility

$1.45 (5.73%)Bearish
Bollinger Bands (20,2)

Width 31.82%

84%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$26.98 / $20.44Bearish
ATR channel lower / upper

Current Volatility Envelope

$23.94 / $26.84Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.6Range
Support

Nearest Downside Decision Level

$19.7Range

Momentum

RSI (14)

Momentum is strong

57.0Bullish
MACD (12,26,9)

Histogram is positive

0.510Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

82.5 / 77.4Bullish
Williams %R (14)

Overbought zone

-17.5Bearish
CCI (20)

Strong expansion

106.1Bullish
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

64.1Bullish
OBV slope

20-period OBV slope

290.31%Bullish
Volume ratio

Relative to 20-period average volume

0.72xBearish

Trend

Dow Theory Structure

Confirmation $26.6, invalidation $19.7

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

Trend strength is active

30.9 / 40.0 / 10.7Bullish
Supertrend (10,3)

Price is above Supertrend

$20.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$23.16 / $24.74Bullish
Donchian Channel (20)

20-period breakout channel position

82%Bullish

Momentum

RSI (14)

Momentum is strong

57.0Bullish
MACD (12,26,9)

Histogram is positive

0.510Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

82.5 / 77.4Bullish
Williams %R (14)

Overbought zone

-17.5Bearish
CCI (20)

Strong expansion

106.1Bullish
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$1.45 (5.73%)Bearish
Bollinger Bands (20,2)

Width 31.82%

84%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$26.98 / $20.44Bearish
ATR channel lower / upper

Current Volatility Envelope

$23.94 / $26.84Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

64.1Bullish
OBV slope

20-period OBV slope

290.31%Bullish
Volume ratio

Relative to 20-period average volume

0.72xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.6Range
Support

Nearest Downside Decision Level

$19.7Range

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