Technical Analysis for HRL - Hormel Foods Corporation

Grade Last Price % Change Price Change
D 46.37 -1.72% -0.81
HRL closed down 1.72 percent on Friday, February 26, 2021, on 82 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Signals

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

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
MACD Bearish Centerline Cross Bearish 0.00%
Stochastic Reached Oversold Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Crossed Above 50 DMA Bullish -1.72%
Fell Below 50 DMA Bearish -1.09%
Narrow Range Bar Range Contraction -1.09%
NR7 Range Contraction -1.09%
NR7-2 Range Contraction -1.09%
NR7 Range Contraction -2.05%
Older End-of-Day Signals for HRL ...

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

Alert Time
60 Minute Opening Range Breakdown about 18 hours ago
10 DMA Resistance about 18 hours ago
Down 1% about 18 hours ago
50 DMA Resistance about 19 hours ago
Fell Below 50 DMA about 19 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 Microwave Grocery Store Meals Flour Beef Food Industry Nutrition Products Grocery Products Meat 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 39.01
Average Volume 2,620,270
200-Day Moving Average 48.70
50-Day Moving Average 46.98
20-Day Moving Average 47.88
10-Day Moving Average 47.19
Average True Range 1.17
ADX 22.91
+DI 25.13
-DI 23.81
Chandelier Exit (Long, 3 ATRs ) 47.34
Chandelier Exit (Short, 3 ATRs ) 49.50
Upper Bollinger Band 50.00
Lower Bollinger Band 45.77
Percent B (%b) 0.14
BandWidth 8.83
MACD Line -0.08
MACD Signal Line 0.16
MACD Histogram -0.2372
Fundamentals Value
Market Cap 25.02 Billion
Num Shares 540 Million
EPS 1.66
Price-to-Earnings (P/E) Ratio 27.93
Price-to-Sales 2.70
Price-to-Book 3.99
PEG Ratio 5.23
Dividend 0.98
Dividend Yield 2.11%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 47.80
Resistance 3 (R3) 47.92 47.57 47.56
Resistance 2 (R2) 47.57 47.21 47.51 47.48
Resistance 1 (R1) 46.97 46.98 46.80 46.85 47.40
Pivot Point 46.62 46.62 46.53 46.56 46.62
Support 1 (S1) 46.02 46.26 45.85 45.90 45.34
Support 2 (S2) 45.67 46.03 45.61 45.26
Support 3 (S3) 45.07 45.67 45.18
Support 4 (S4) 44.95