US stock / ETF

Hormel Foods Corporation

HRL · NYSE · USD

4 hoursBearish85%
4h Downside probability 85%Bearish

HRL 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $19.83 and stabilize above resistance $20.38.

Invalidation Trigger

Break above $20.38 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 34.0, MACD -0.061

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.2012 (1.03%)

4h

EMA Structure

Bearish
EMA 8$19.65Bearish
EMA 21$19.83Bearish
EMA 50$20.07Bearish

Signals

CategoryReadStrength
Momentum
RSI 34.0 · MACD -0.061

Momentum is weak

Strength
Bearish
Volatility
ATR $0.2012 · BB 5.14%

Low volatility

Strength
Bullish
Volume
MFI 26.1 · OBV 3.42%

Relative to 20-period average volume

Strength
Range
Price Levels
$19.42 - $20.38

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+5.82% · 5.6 ATR above latest close

$20.58
Nearest resistance

+4.78% · 4.6 ATR above · 34-bar high

$20.38
Current price

Price shown is delayed

$19.45
Nearest support

-0.13% · 0.1 ATR below · 34-bar low

$19.42
Deeper support zone

-1.16% · 1.1 ATR below latest close

$19.22
ATR zone

Latest close ± ATR14

$19.24 - $19.65

Indicators

Trend

Dow Theory Structure

Confirmation $19.54, invalidation $20.16

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

Trend strength is active

24.6 / 9.6 / 38.2Bearish
Supertrend (10,3)

Price is above Supertrend

$18.88Bullish
Ichimoku Cloud

Cloud Span A / Span B

$19.84 / $20.07Bearish
Donchian Channel (20)

20-period breakout channel position

3%Bearish

Volatility

ATR (14)

Low volatility

$0.2012 (1.03%)Bullish
Bollinger Bands (20,2)

Width 5.14%

3%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$20.24 / $19.4Bullish
ATR channel lower / upper

Current Volatility Envelope

$19.24 / $19.65Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$20.38Range
Support

Nearest Downside Decision Level

$19.42Range

Momentum

RSI (14)

Momentum is weak

34.0Bearish
MACD (12,26,9)

Histogram is negative

-0.061Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.6 / 5.0Bearish
Williams %R (14)

Oversold zone

-97.4Bullish
CCI (20)

Weak expansion

-149.2Bearish
TD Sequential

Exhaustion setup is near completion

buy 13Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

26.1Bearish
OBV slope

20-period OBV slope

3.42%Bullish
Volume ratio

Relative to 20-period average volume

1.05xRange

Trend

Dow Theory Structure

Confirmation $19.54, invalidation $20.16

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

Trend strength is active

24.6 / 9.6 / 38.2Bearish
Supertrend (10,3)

Price is above Supertrend

$18.88Bullish
Ichimoku Cloud

Cloud Span A / Span B

$19.84 / $20.07Bearish
Donchian Channel (20)

20-period breakout channel position

3%Bearish

Momentum

RSI (14)

Momentum is weak

34.0Bearish
MACD (12,26,9)

Histogram is negative

-0.061Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.6 / 5.0Bearish
Williams %R (14)

Oversold zone

-97.4Bullish
CCI (20)

Weak expansion

-149.2Bearish
TD Sequential

Exhaustion setup is near completion

buy 13Bullish

Volatility

ATR (14)

Low volatility

$0.2012 (1.03%)Bullish
Bollinger Bands (20,2)

Width 5.14%

3%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$20.24 / $19.4Bullish
ATR channel lower / upper

Current Volatility Envelope

$19.24 / $19.65Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

26.1Bearish
OBV slope

20-period OBV slope

3.42%Bullish
Volume ratio

Relative to 20-period average volume

1.05xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$20.38Range
Support

Nearest Downside Decision Level

$19.42Range

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