Technical Analysis for HRL - Hormel Foods Corporation

Grade Last Price % Change Price Change
D 47.54 0.76% 0.36
HRL closed up 0.76 percent on Wednesday, May 5, 2021, on 1.23 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
Earnings due: May 19
*** please verify all earnings dates ***

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Flat Up
Historical HRL trend table...

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Up 3 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
50 DMA Resistance Bearish 0.76%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.76%
Pocket Pivot Bullish Swing Setup 0.76%
Spinning Top Other 0.76%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 1.60%
Crossed Above 20 DMA Bullish 1.60%
MACD Bullish Signal Line Cross Bullish 1.60%
Older End-of-Day Signals for HRL ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Upper Bollinger Band Resistance about 5 hours ago
Up 1% about 6 hours ago
60 Minute Opening Range Breakout about 6 hours ago
60 Minute Opening Range Breakdown about 9 hours ago
50 DMA Resistance about 11 hours ago
View Earlier Intraday Alerts

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Profile

Hormel Foods Corporation Description

Hormel Foods Corporation processes, markets, and sells consumer-branded meat and food products. The company operates in five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. The Grocery Products segment offers shelf-stable food products, including canned luncheon meats, shelf-stable microwaveable meals, stews, chilies, hash, meat spreads, flour and corn tortillas, salsas, and tortilla chips in the retail market. The Refrigerated Foods segment provides branded and unbranded pork and beef products for retail, foodservice, and fresh product customers. The Jennie-O Turkey Store segment offers branded and unbranded turkey products for retail, foodservice, and fresh product customers. The Specialty Foods segment is involved in the packaging and sale of various sugar and sugar substitute products, salt and pepper products, liquid portion products, dessert mixes, ready-to-drink products, sports nutrition products, gelatin products, and private label canned meats to retail and foodservice customers. This segment also processes, markets, and sells nutritional food products and supplements to hospitals, nursing homes, and other marketers of nutritional products. The International and Other segment manufactures, markets, and sells its products internationally. Hormel Foods Corporation sells its products through sales personnel, as well as through independent brokers and distributors primarily in the United States, Australia, Canada, China, England, Japan, Mexico, Micronesia, the Philippines, and South Korea. The company was formerly known as George A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is based in Austin, Minnesota.


Classification

Sector: Consumer Defensive
Industry: Packaged Foods
Keywords: Food Products Drink Grocery Store Microwave Meals Flour Beef Food Industry Nutrition Products Meat Grocery Products Nutritional Products Pork Specialty Foods Drink Products Salsa Ready To Drink Products Sports Nutrition Sugar Substitute Fred's Frozen Foods Pepper Products Tortilla Chips Turkey Products

Is HRL a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 52.97
52 Week Low 43.45
Average Volume 1,635,857
200-Day Moving Average 48.56
50-Day Moving Average 47.35
20-Day Moving Average 46.70
10-Day Moving Average 46.58
Average True Range 0.76
ADX 14.31
+DI 22.04
-DI 16.82
Chandelier Exit (Long, 3 ATRs ) 46.01
Chandelier Exit (Short, 3 ATRs ) 48.15
Upper Bollinger Band 47.60
Lower Bollinger Band 45.79
Percent B (%b) 0.96
BandWidth 3.89
MACD Line -0.16
MACD Signal Line -0.28
MACD Histogram 0.1188
Fundamentals Value
Market Cap 25.65 Billion
Num Shares 540 Million
EPS 1.66
Price-to-Earnings (P/E) Ratio 28.64
Price-to-Sales 2.70
Price-to-Book 3.99
PEG Ratio 5.23
Dividend 0.98
Dividend Yield 2.06%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 48.77
Resistance 3 (R3) 48.70 48.23 48.57
Resistance 2 (R2) 48.23 47.91 48.26 48.50
Resistance 1 (R1) 47.88 47.72 48.06 47.95 48.43
Pivot Point 47.41 47.41 47.49 47.44 47.41
Support 1 (S1) 47.06 47.09 47.24 47.13 46.65
Support 2 (S2) 46.59 46.90 46.62 46.58
Support 3 (S3) 46.24 46.59 46.52
Support 4 (S4) 46.31