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Packaged Foods & Meats Industry Stocks Technical Analysis - HRLArchive - 7/18/2025 - Sign In to see current Signals. |
Hormel Foods Corp. (HRL) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :    Move cursor over the icon to see details.
| | It was the negative week for the Hormel Foods Corp. (HRL). During the week, the HRL dropped -1.37 points, or -4.49%, and closed at 29.14 on Friday, July 18, 2025. Weekly volume was 56% above average. HRL is a member of Consumer Staples Sector. Consumer Staples is the most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See HRL long-term trend chart] A long-term downtrend had started on May 20, 2024 at 36.86 and reached 27.59 on February 27, 2025. HRL lost 9.27 points, or 25.15%, in 40 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 25.44 and resistance is at 30.49. 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 February 27, 2025 at 27.59 and reached 32.07 on April 4, 2025. HRL gained -4.48 points, or -16.24%, in 5 weeks. The chart has formed a Ascending Triangle chart pattern. The uptrend support line (29.41) 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. The weekly MACD line is above its signal line since March 28, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See HRL short-term trend chart] A short-term uptrend had started on May 29, 2025 at 28.77 and reached 31.86 on July 10, 2025. HRL gained -3.09 points, or -10.74%, in 42 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (30.56) 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 short-term trend.
Daily Technical Indicators: [See HRL daily technical indicators chart] Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. 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 link to access Lane's Stochastic help. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has crossed below the 50 Day Moving Average. While the medium-term trend is up and daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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