HRL NEWS why is Hormel Foods Corporation price falling or rising

HRL NEWS reasons for why stock price of Hormel Foods Corporation is falling or rising

HRL Hormel Foods is falling or rising technical reasons

Technical analysis forecast of Hormel Foods Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Hormel Foods HRL at this time. Stock is rising and might rise more.

It appears as if Hormel Foods HRL gave a large move recently.

Stock of Hormel Foods (HRL) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Hormel Foods is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Hormel Foods stays above 35.3, but if it comes below 35.3, then a intra day sell could be more profitable.
If you take a sell trade below 35.3, then use 35.3 as stoploss and 34.76 as target. However if you take a buy trade in Hormel Foods, then use 35.3 as stoploss and 35.9 as target.

HRL Hormel Foods is falling or rising NEWS fundamental reasons

More announcements and NEWS

HRL Hormel Foods Corporation current price & indicator signals

Moving Averages for Hormel Foods Corporation

  • 5Day Average: 35.29
  • 12Day Average: 34.69
  • 20Day Average: 34.81
  • 50Day Average: 33.98
  • 100Day Average: 32.52
  • 150Day Average: 32.72
  • 200Day Average: 34.39

HRL Indicators & signals

Indicator MACD (12,26,9)

34.94, 34.61, 0.31
Indicator MACD is in positive zone

Indicator ADX (14)

16.67, 22.95, 16.39
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 44
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of HRL Hormel Foods Corporation are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Apr 2024 35.32 35.10 to 35.60 0.14% 0.95 times
25 Thu Apr 2024 35.27 35.20 to 35.87 -0.93% 0.83 times
24 Wed Apr 2024 35.60 34.61 to 35.68 1.31% 1 times
23 Tue Apr 2024 35.14 35.07 to 35.36 0% 0.72 times
22 Mon Apr 2024 35.14 34.54 to 35.30 1.15% 0.92 times
19 Fri Apr 2024 34.74 34.37 to 34.79 1.05% 1.07 times
18 Thu Apr 2024 34.38 34.03 to 34.40 1% 0.94 times
17 Wed Apr 2024 34.04 33.76 to 34.23 0.68% 1 times
16 Tue Apr 2024 33.81 33.79 to 34.12 -0.29% 1.03 times
15 Mon Apr 2024 33.91 33.79 to 34.30 -0.06% 1.12 times
12 Fri Apr 2024 33.93 33.73 to 34.63 -2.92% 1.37 times
11 Thu Apr 2024 34.95 34.62 to 35.10 0.52% 1.04 times

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