US stock / ETF

Hormel Foods Corporation

HRL · NYSE · USD

1 weekBearish91%
Weekly Downside probability 91%Bearish

HRL 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $23.12 and stabilize above resistance $26.6.

Invalidation Trigger

Break above $26.6 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 37.1, MACD -0.428

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $1.37 (6.6%)

Weekly

EMA Structure

Bearish
EMA 8$22.3Bearish
EMA 21$23.12Bearish
EMA 50$24.07Bearish

Signals

CategoryReadStrength
Momentum
RSI 37.1 · MACD -0.428

Momentum is weak

Strength
Bearish
Volatility
ATR $1.37 · BB 34.13%

High volatility

Strength
Bearish
Volume
MFI 34.0 · OBV -18.43%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$19.7 - $26.6

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+34.73% · 5.3 ATR above latest close

$27.97
Nearest resistance

+28.13% · 4.3 ATR above · 34-bar high

$26.6
Current price

Price shown is delayed

$20.76
Nearest support

-5.11% · 0.8 ATR below · 34-bar low

$19.7
Deeper support zone

-11.71% · 1.8 ATR below latest close

$18.33
ATR zone

Latest close ± ATR14

$19.39 - $22.13

Indicators

Trend

Dow Theory Structure

Confirmation $19.7, invalidation $26.43

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

Trend strength is active

40.8 / 20.3 / 27.4Bearish
Supertrend (10,3)

Price is above Supertrend

$17.02Bullish
Ichimoku Cloud

Cloud Span A / Span B

$23.29 / $23.15Bearish
Donchian Channel (20)

20-period breakout channel position

15%Bearish

Volatility

ATR (14)

High volatility

$1.37 (6.6%)Bearish
Bollinger Bands (20,2)

Width 34.13%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$25.63 / $20.56Bearish
ATR channel lower / upper

Current Volatility Envelope

$19.39 / $22.13Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.6Range
Support

Nearest Downside Decision Level

$19.7Range

Momentum

RSI (14)

Momentum is weak

37.1Bearish
MACD (12,26,9)

Histogram is negative

-0.428Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.3 / 4.9Bullish
Williams %R (14)

Oversold zone

-94.7Bullish
CCI (20)

Weak expansion

-100.6Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

34.0Bearish
OBV slope

20-period OBV slope

-18.43%Bearish
Volume ratio

Relative to 20-period average volume

0.39xBearish

Trend

Dow Theory Structure

Confirmation $19.7, invalidation $26.43

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

Trend strength is active

40.8 / 20.3 / 27.4Bearish
Supertrend (10,3)

Price is above Supertrend

$17.02Bullish
Ichimoku Cloud

Cloud Span A / Span B

$23.29 / $23.15Bearish
Donchian Channel (20)

20-period breakout channel position

15%Bearish

Momentum

RSI (14)

Momentum is weak

37.1Bearish
MACD (12,26,9)

Histogram is negative

-0.428Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.3 / 4.9Bullish
Williams %R (14)

Oversold zone

-94.7Bullish
CCI (20)

Weak expansion

-100.6Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

High volatility

$1.37 (6.6%)Bearish
Bollinger Bands (20,2)

Width 34.13%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$25.63 / $20.56Bearish
ATR channel lower / upper

Current Volatility Envelope

$19.39 / $22.13Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

34.0Bearish
OBV slope

20-period OBV slope

-18.43%Bearish
Volume ratio

Relative to 20-period average volume

0.39xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.6Range
Support

Nearest Downside Decision Level

$19.7Range

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