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Archive
- 4/17/2025 -
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Hormel Foods Corp. (HRL) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a first positive week for the Hormel Foods Corp. (HRL). During the week, the HRL climbed 0.27 points, or 0.89%, and closed at 30.58 on Thursday, April 17, 2025. Weekly volume was 15% above average.
HRL is a member of Consumer Staples Sector. Consumer Staples is the most overbought 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 April 21, 2022 at 55.11 and reached 27.59 on February 27, 2025. HRL lost 27.52 points, or 49.94%, in 149 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (18.70) is broken. A broken support is considered to be a long-term bullish signal. 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 resistance line 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 price is now at the 33.26% retracement level.
 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. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 April 4, 2025 at 32.07 and reached 28.78 on April 9, 2025. HRL lost 3.29 points, or 10.26%, in 5 days. The chart has formed a Symmetric Triangle chart pattern.
Daily Technical Indicators: [See HRL daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
 Candlestick pattern: [See HRL candlestick chart pattern]
On Friday the chart has formed a Bullish Piercing Line Candlestick pattern. This pattern suggests bulls have begun to take charge of the market, and shorts have been shaken by the sudden lost of bearish momentum. The reliability of the Bullish Piercing Line pattern is moderate. Use the Technical Stock Screener to see the list of stocks that had a Bullish Piercing Line Candlestick pattern during the last week.
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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 |
11 |
| Industry |
Packaged Foods & Meats |
91 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Symmetric Triangle |
| High |
32.07 |
| High Date |
04/04/2025 |
| Low |
28.78 |
| Low Date |
04/09/2025 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
27.59 |
| Low Date |
02/27/2025 |
| High |
32.07 |
| High Date |
04/04/2025 |
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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 |
33.80 |
| High Date |
12/11/2024 |
| Low |
27.59 |
| Low Date |
02/27/2025 |
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| Quarterly 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 |
36.86 |
| High Date |
05/20/2024 |
| Low |
27.59 |
| Low Date |
02/27/2025 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Channel |
| Status |
Broken Resistance |
| Resistance |
28.96 |
| Support |
18.70 |
| High |
55.11 |
| High Date |
04/21/2022 |
| Low |
27.59 |
| Low Date |
02/27/2025 |
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