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Downtrend Broken Resist.Archive
- 4/24/2026 -
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Hormel Foods Corp. (HRL) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second consecutive positive week for the Hormel Foods Corp. (HRL). During the week, the HRL gained 0.36 points, or 1.70%, and closed at 21.55 on Friday, April 24, 2026. HRL was trading at average weekly trading volume.
HRL is a member of Consumer Staples Sector. Consumer Staples is the second 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 20.32 on April 13, 2026. HRL lost 16.54 points, or 44.87%, in 99 weeks. The price is now at the 7.44% retracement level.
 Medium-term trend: [See HRL medium-term trend chart]
A medium-term downtrend had started on February 26, 2026 at 26.22 and reached 20.32 on April 13, 2026. HRL lost 5.90 points, or 22.50%, in 6 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (19.11) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. HRL may retest the broken resistance line. It is considered to be a support 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 resistance line in a medium-term trend.
 Weekly Technical Indicators: [See HRL weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. Weekly Relative Strength Index and Lane's Stochastic have bullish divergence. Use the following links to access the Relative Strength Index and Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index and Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 Relative Strength Index help.
The weekly MACD line is below its signal line since April 2, 2026. This is an indication that the medium-term trend is down. 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 April 13, 2026 at 20.32 and reached 22.03 on April 24, 2026. HRL gained -1.71 points, or -8.42%, in 11 days. The price is now at the 28.07% retracement level.
 Daily Technical Indicators: [See HRL daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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