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Hormel Foods (HRL)
NYSE:HRL

Hormel Foods (HRL) Technical Analysis

1,807 Followers

Technical Sentiment

Overall Consensus
Buy
15Bullish
2Neutral
5Bearish
Technical Analysis Consensus
Sell
3Bullish
2Neutral
5Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Hormel Foods’s (HRL) Moving Averages Convergence Divergence (MACD) indicator is 0.40, suggesting Hormel Foods is a Sell.
Hormel Foods’s (HRL) 20-Day exponential moving average is 35.40, while Hormel Foods’s (HRL) share price is $36.31, making it a Buy.
Hormel Foods’s (HRL) 50-Day exponential moving average is 34.54, while Hormel Foods’s (HRL) share price is $36.31, making it a Buy.

Hormel Foods (HRL) Pivot Points

May 20, 2024, 07:01 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
35.05
35.34
35.71
36.00
36.37
36.66
37.03
Fibonacci
35.34
35.59
35.74
36.00
36.25
36.40
36.66
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Hormel Foods (HRL) Moving Averages

May 20, 2024, 07:01 AM
Period
Simple
Exponential
MA5
35.87Buy
35.93Buy
MA10
35.56Buy
35.70Buy
MA20
35.44Buy
35.40Buy
MA50
34.74Buy
34.54Buy
MA100
32.79Buy
33.84Buy
MA200
33.66Buy
34.75Buy
Hormel Foods’s (HRL) 10-Day exponential moving average is 35.70, while Hormel Foods’s (HRL) share price is $36.31, making it a Buy.
Hormel Foods’s (HRL) 100-Day exponential moving average is 33.84, while Hormel Foods’s (HRL) share price is $36.31, making it a Buy.
Hormel Foods’s (HRL) stock price is $36.31 and Hormel Foods’s (HRL) 50-day simple moving average is 34.74, creating a Buy signal.
Hormel Foods’s (HRL) stock price is $36.31 and Hormel Foods’s (HRL) 100-day simple moving average is 32.79, creating a Buy signal.
Hormel Foods’s (HRL) stock price is $36.31 and Hormel Foods’s (HRL) 200-day simple moving average is 33.66, creating a Buy signal.

Hormel Foods (HRL) Technical Indicators

May 20, 2024, 07:01 AM
Name
Value
Implied Action
RSI (14)
65.85
Neutral
STOCH (9,6)
84.19
Sell
STOCHRSI (14)
84.24
Sell
MACD (12,26)
0.40
Sell
ADX (14)
16.82
Buy
Williams %R
-0.86
Sell
CCI (14)
203.83
Sell
ATR (14)
0.56
-
Ultimate Oscillator
58.35
Neutral
ROC
2.51
Buy
Hormel Foods’s (HRL) Relative Strength Index (RSI) is 65.85, creating a Neutral signal.
Hormel Foods’s (HRL) Trend Strength Indicator (ADX) is 16.82, creating a Buy signal.
Hormel Foods’s (HRL) Commodity Channel Index (CCI) is 203.83, creating a Sell signal.
Hormel Foods’s (HRL) Price Rate of Change (ROC) is 2.51, creating a Buy signal.

FAQ

Is HRL a Buy, Hold, or Sell?
Based on HRL’s technical indicators, HRL is a Buy.
    What is HRL’s RSI (14)?
    HRL’s RSI (14) is 65.85, which suggests HRL is a Neutral.
      What is HRL’s MACD?
      HRL’s MACD is 0.40, which suggests HRL is a Sell.
        What is HRL’s 5-day moving average?
        HRL’s 5-day moving average is 35.87, which suggests HRL is a Buy.
          What is HRL’s 20-day moving average?
          HRL 20-day moving average is 35.44, which suggests HRL is a Buy.
            What is HRL’s 50-day moving average?
            HRL’s 50-day moving average is 34.74, which suggests HRL is a Buy.
              What is HRL’s 200-day moving average?
              HRL’s 200-day moving average is 33.66, which suggests HRL is a Buy.
                What is HRL’s Williams % R (14)?
                HRL’s Williams % R (14) is -0.86, which suggests HRL is a Sell.
                  What is HRL’s CCI (14)?
                  HRL’s CCI (14) is 203.83, which suggests HRL is a Sell.
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