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Packaged Foods & Meats Industry Stocks Technical Analysis - HRLArchive
- 9/4/2026 -
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Hormel Foods Corp. (HRL) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Hormel Foods Corp. (HRL). During the week, the HRL gave back -0.03 points, or -0.14%, and closed at 21.54 on Friday, September 4, 2026. Weekly volume was 8% above average.
 Long-term trend: [See HRL long-term trend chart]
A long-term downtrend had started on May 20, 2024 at 36.86 and reached 19.70 on May 15, 2026. HRL lost 17.16 points, or 46.55%, in 103 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 18.64 and resistance is at 24.00. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a long-term trend.
 Medium-term trend: [See HRL medium-term trend chart]
A medium-term uptrend had started on May 15, 2026 at 19.70 and reached 26.60 on June 26, 2026. HRL gained -6.90 points, or -35.03%, in 6 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (29.66) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. HRL may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
 Weekly Technical Indicators: [See HRL weekly technical indicators chart]
Weekly technical indicators are neutral.
During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help.
 Short-term trend: [See HRL short-term trend chart]
A short-term downtrend had started on July 28, 2026 at 26.43 and reached 21.14 on August 28, 2026. HRL lost 5.29 points, or 20.02%, in 31 days. The chart has formed a Falling Wedge chart pattern.
 Daily Technical Indicators: [See HRL daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The daily MACD line is below its signal line since July 29, 2026. This is an indication that the short-term trend is down.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Consumer Staples |
5 |
| Industry |
Packaged Foods & Meats |
57 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Wedge |
| High |
26.43 |
| High Date |
07/28/2026 |
| Low |
21.14 |
| Low Date |
08/28/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
26.60 |
| High Date |
06/26/2026 |
| Low |
21.14 |
| Low Date |
08/28/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Symmetric Triangle |
| Status |
Broken Support |
| Resistance |
26.20 |
| Support |
29.66 |
| Low |
19.70 |
| Low Date |
05/15/2026 |
| High |
26.60 |
| High Date |
06/26/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Channel |
| Status |
Valid |
| Resistance |
24.00 |
| Support |
18.64 |
| High |
36.86 |
| High Date |
05/20/2024 |
| Low |
19.70 |
| Low Date |
05/15/2026 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
55.11 |
| High Date |
04/21/2022 |
| Low |
19.70 |
| Low Date |
05/15/2026 |
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