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 for Hormel Foods Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Hormel Foods HRL at this time. Stock is falling and might fall more.

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

Stock of Hormel Foods (HRL) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Hormel Foods is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 29.9 as stoploss in an intra day buy trade for a target of 30.62. However, stock will show a bearish move below 29.9.

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: 29.94
  • 12Day Average: 30.26
  • 20Day Average: 30.78
  • 50Day Average: 31.09
  • 100Day Average: 31.35
  • 150Day Average: 31.36
  • 200Day Average: 32.02

HRL Indicators & signals

Indicator MACD (12,26,9)

30.29, 30.76, -0.36
Indicator MACD is in negative zone

Indicator ADX (14)

41.67, 11.48, 27.87
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 42
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
17 Fri Jan 2025 29.93 29.70 to 30.00 0.13% 0.96 times
16 Thu Jan 2025 29.89 29.12 to 29.94 0.98% 1.11 times
15 Wed Jan 2025 29.60 29.36 to 30.19 -1.37% 1.09 times
14 Tue Jan 2025 30.01 29.72 to 30.32 -0.83% 0.82 times
13 Mon Jan 2025 30.26 29.80 to 30.39 0% 1.27 times
13 Mon Jan 2025 30.26 29.80 to 30.39 0.7% 1.27 times
10 Fri Jan 2025 30.05 29.82 to 30.60 -1.28% 1.22 times
08 Wed Jan 2025 30.44 29.99 to 30.47 0% 0.78 times
08 Wed Jan 2025 30.44 29.99 to 30.47 1% 0.78 times
07 Tue Jan 2025 30.14 30.08 to 31.24 -1.76% 0.87 times
06 Mon Jan 2025 30.68 30.51 to 31.33 -2.17% 0.79 times
03 Fri Jan 2025 31.36 31.19 to 31.56 -0.51% 0.7 times

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HRL NEWS why is Hormel Foods Corporation price falling or rising

 

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