US stock / ETF

Hormel Foods Corporation

HRL · NYSE · USD

4 hoursBullish92%
4h Upside probability 92%Bullish

HRL 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $24.16 and reclaim $26.12.

Invalidation Trigger

Lose $24.16 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 55.2, MACD 0.043

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.3701 (1.46%)

4h

EMA Structure

Bullish
EMA 8$25.47Bearish
EMA 21$25.2Bullish
EMA 50$24.98Bullish

Signals

CategoryReadStrength
Momentum
RSI 55.2 · MACD 0.043

Momentum is strong

Strength
Bullish
Volatility
ATR $0.3701 · BB 8.23%

Low volatility

Strength
Bullish
Volume
MFI 69.3 · OBV 1.23%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$24.16 - $26.12

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+4.33% · 3.0 ATR above latest close

$26.49
Nearest resistance

+2.88% · 2.0 ATR above · 34-bar high

$26.12
Current price

Price shown is delayed

$25.39
Nearest support

-4.86% · 3.3 ATR below · 34-bar low

$24.16
Deeper support zone

-6.32% · 4.3 ATR below latest close

$23.78
ATR zone

Latest close ± ATR14

$25.02 - $25.76

Indicators

Trend

Dow Theory Structure

Confirmation $26.12, invalidation $24.5

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

Trend strength is active

40.0 / 37.8 / 26.3Bullish
Supertrend (10,3)

Price is above Supertrend

$24.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$25.24 / $25.22Bullish
Donchian Channel (20)

20-period breakout channel position

60%Range

Volatility

ATR (14)

Low volatility

$0.3701 (1.46%)Bullish
Bollinger Bands (20,2)

Width 8.23%

66%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$25.98 / $24.45Bullish
ATR channel lower / upper

Current Volatility Envelope

$25.02 / $25.76Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.12Range
Support

Nearest Downside Decision Level

$24.16Range

Momentum

RSI (14)

Momentum is strong

55.2Bullish
MACD (12,26,9)

Histogram is positive

0.043Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

54.9 / 64.5Bearish
Williams %R (14)

Neutral zone

-45.1Range
CCI (20)

Balanced zone

50.4Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

69.3Bullish
OBV slope

20-period OBV slope

1.23%Bullish
Volume ratio

Relative to 20-period average volume

1.53xBullish

Trend

Dow Theory Structure

Confirmation $26.12, invalidation $24.5

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

Trend strength is active

40.0 / 37.8 / 26.3Bullish
Supertrend (10,3)

Price is above Supertrend

$24.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$25.24 / $25.22Bullish
Donchian Channel (20)

20-period breakout channel position

60%Range

Momentum

RSI (14)

Momentum is strong

55.2Bullish
MACD (12,26,9)

Histogram is positive

0.043Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

54.9 / 64.5Bearish
Williams %R (14)

Neutral zone

-45.1Range
CCI (20)

Balanced zone

50.4Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$0.3701 (1.46%)Bullish
Bollinger Bands (20,2)

Width 8.23%

66%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$25.98 / $24.45Bullish
ATR channel lower / upper

Current Volatility Envelope

$25.02 / $25.76Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

69.3Bullish
OBV slope

20-period OBV slope

1.23%Bullish
Volume ratio

Relative to 20-period average volume

1.53xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.12Range
Support

Nearest Downside Decision Level

$24.16Range

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