US stock / ETF

Hormel Foods Corporation

HRL · NYSE · USD

4 hoursBullish78%
4h Upside probability 78%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 $22.9 and reclaim $26.6.

Invalidation Trigger

Lose $22.9 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 78.4, MACD 0.142

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.3932 (1.49%)

4h

EMA Structure

Bullish
EMA 8$25.78Bullish
EMA 21$25.02Bullish
EMA 50$23.94Bullish

Signals

CategoryReadStrength
Momentum
RSI 78.4 · MACD 0.142

Momentum is strong

Strength
Bullish
Volatility
ATR $0.3932 · BB 11.89%

Low volatility

Strength
Bullish
Volume
MFI 54.1 · OBV 4.30%

Relative to 20-period average volume

Strength
Range
Price Levels
$22.9 - $26.6

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2% · 1.3 ATR above latest close

$26.99
Nearest resistance

+0.51% · 0.3 ATR above · 34-bar high

$26.6
Current price

Price shown is delayed

$26.47
Nearest support

-13.47% · 9.1 ATR below · 34-bar low

$22.9
Deeper support zone

-14.96% · 10.1 ATR below latest close

$22.51
ATR zone

Latest close ± ATR14

$26.07 - $26.86

Indicators

Trend

Dow Theory Structure

Confirmation $24.93, invalidation $24.03

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

Trend strength is active

41.1 / 43.3 / 10.1Bullish
Supertrend (10,3)

Price is above Supertrend

$25.25Bullish
Ichimoku Cloud

Cloud Span A / Span B

$25.21 / $23.29Bullish
Donchian Channel (20)

20-period breakout channel position

95%Bullish

Volatility

ATR (14)

Low volatility

$0.3932 (1.49%)Bullish
Bollinger Bands (20,2)

Width 11.89%

101%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$25.89 / $24.24Bullish
ATR channel lower / upper

Current Volatility Envelope

$26.07 / $26.86Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.6Range
Support

Nearest Downside Decision Level

$22.9Range

Momentum

RSI (14)

Momentum is strong

78.4Bullish
MACD (12,26,9)

Histogram is positive

0.142Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

94.8 / 95.2Bearish
Williams %R (14)

Overbought zone

-5.2Bearish
CCI (20)

Strong expansion

170.4Bullish
TD Sequential

Exhaustion setup is near completion

sell 8Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.1Range
OBV slope

20-period OBV slope

4.30%Bullish
Volume ratio

Relative to 20-period average volume

0.75xBearish

Trend

Dow Theory Structure

Confirmation $24.93, invalidation $24.03

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

Trend strength is active

41.1 / 43.3 / 10.1Bullish
Supertrend (10,3)

Price is above Supertrend

$25.25Bullish
Ichimoku Cloud

Cloud Span A / Span B

$25.21 / $23.29Bullish
Donchian Channel (20)

20-period breakout channel position

95%Bullish

Momentum

RSI (14)

Momentum is strong

78.4Bullish
MACD (12,26,9)

Histogram is positive

0.142Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

94.8 / 95.2Bearish
Williams %R (14)

Overbought zone

-5.2Bearish
CCI (20)

Strong expansion

170.4Bullish
TD Sequential

Exhaustion setup is near completion

sell 8Bearish

Volatility

ATR (14)

Low volatility

$0.3932 (1.49%)Bullish
Bollinger Bands (20,2)

Width 11.89%

101%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$25.89 / $24.24Bullish
ATR channel lower / upper

Current Volatility Envelope

$26.07 / $26.86Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.1Range
OBV slope

20-period OBV slope

4.30%Bullish
Volume ratio

Relative to 20-period average volume

0.75xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.6Range
Support

Nearest Downside Decision Level

$22.9Range

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