US stock / ETF

Hormel Foods Corporation

HRL · NYSE · USD

4 hoursBearish79%
4h Downside probability 79%Bearish

HRL 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $22.98 and stabilize above resistance $24.78.

Invalidation Trigger

Break above $24.78 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 17.5, MACD -0.253

4h
Volatility EnvironmentRange
Low volatility

ATR is $0.4652 (2.17%)

4h

EMA Structure

Bearish
EMA 8$22.08Bearish
EMA 21$22.98Bearish
EMA 50$23.72Bearish

Signals

CategoryReadStrength
Momentum
RSI 17.5 · MACD -0.253

Momentum is weak

Strength
Bearish
Volatility
ATR $0.4652 · BB 18.62%

Low volatility

Strength
Range
Volume
MFI 12.1 · OBV -17.18%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$21.14 - $24.78

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+17.59% · 8.1 ATR above latest close

$25.24
Nearest resistance

+15.42% · 7.1 ATR above · 34-bar high

$24.78
Current price

Price shown is delayed

$21.47
Nearest support

-1.51% · 0.7 ATR below · 34-bar low

$21.14
Deeper support zone

-3.68% · 1.7 ATR below latest close

$20.67
ATR zone

Latest close ± ATR14

$21 - $21.93

Indicators

Trend

Dow Theory Structure

Confirmation $23.64, invalidation $23.81

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

Trend strength is active

47.7 / 5.4 / 45.8Bearish
Supertrend (10,3)

Price is above Supertrend

$19.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$22.69 / $22.96Bearish
Donchian Channel (20)

20-period breakout channel position

10%Bearish

Volatility

ATR (14)

Low volatility

$0.4652 (2.17%)Range
Bollinger Bands (20,2)

Width 18.62%

8%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$24.1 / $21.77Range
ATR channel lower / upper

Current Volatility Envelope

$21 / $21.93Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$24.78Range
Support

Nearest Downside Decision Level

$21.14Range

Momentum

RSI (14)

Momentum is weak

17.5Bearish
MACD (12,26,9)

Histogram is negative

-0.253Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.9 / 6.4Bullish
Williams %R (14)

Oversold zone

-89.1Bullish
CCI (20)

Weak expansion

-148.9Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

12.1Bearish
OBV slope

20-period OBV slope

-17.18%Bearish
Volume ratio

Relative to 20-period average volume

1.53xBullish

Trend

Dow Theory Structure

Confirmation $23.64, invalidation $23.81

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

Trend strength is active

47.7 / 5.4 / 45.8Bearish
Supertrend (10,3)

Price is above Supertrend

$19.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$22.69 / $22.96Bearish
Donchian Channel (20)

20-period breakout channel position

10%Bearish

Momentum

RSI (14)

Momentum is weak

17.5Bearish
MACD (12,26,9)

Histogram is negative

-0.253Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.9 / 6.4Bullish
Williams %R (14)

Oversold zone

-89.1Bullish
CCI (20)

Weak expansion

-148.9Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Low volatility

$0.4652 (2.17%)Range
Bollinger Bands (20,2)

Width 18.62%

8%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$24.1 / $21.77Range
ATR channel lower / upper

Current Volatility Envelope

$21 / $21.93Range

Volume / Money Flow

MFI (14)

Money flow is weak

12.1Bearish
OBV slope

20-period OBV slope

-17.18%Bearish
Volume ratio

Relative to 20-period average volume

1.53xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$24.78Range
Support

Nearest Downside Decision Level

$21.14Range

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