Technical Analysis for HRL - Hormel Foods Corporation

Grade Last Price % Change Price Change
F 30.43 -0.20% -0.06
HRL closed down 0.2 percent on Monday, July 1, 2024, on 86 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Flat

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Slingshot Bearish Bearish Swing Setup -0.20%
Bullish Engulfing Bullish -0.20%
Pocket Pivot Bullish Swing Setup -0.20%
Bollinger Band Squeeze Range Contraction -0.20%
BB Squeeze + Lower Band Touch Range Contraction -0.20%
Lower Bollinger Band Touch Weakness -0.20%
Bollinger Band Squeeze Range Contraction 0.69%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 9 hours ago
10 DMA Resistance about 10 hours ago
20 DMA Resistance about 11 hours ago
10 DMA Support about 11 hours ago
Rose Above 20 DMA about 11 hours ago

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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: S&P 500 Drink Food Products Grocery Store Microwave Food Industry Flour Meals Beef Nutrition Products Grocery Products Nutritional Products Meat Pork Specialty Foods Sugar Substitute Salsa Sports Nutrition Drink Products Ready To Drink Products 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 40.6793
52 Week Low 28.2796
Average Volume 2,498,218
200-Day Moving Average 32.72
50-Day Moving Average 33.29
20-Day Moving Average 30.58
10-Day Moving Average 30.49
Average True Range 0.53
RSI (14) 35.90
ADX 42.38
+DI 15.83
-DI 27.45
Chandelier Exit (Long, 3 ATRs) 32.24
Chandelier Exit (Short, 3 ATRs) 31.61
Upper Bollinger Bands 30.98
Lower Bollinger Band 30.17
Percent B (%b) 0.32
BandWidth 2.64
MACD Line -0.80
MACD Signal Line -0.93
MACD Histogram 0.1344
Fundamentals Value
Market Cap 16.64 Billion
Num Shares 547 Million
EPS 1.45
Price-to-Earnings (P/E) Ratio 20.99
Price-to-Sales 1.33
Price-to-Book 2.05
PEG Ratio 4.27
Dividend 1.10
Dividend Yield 3.61%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 30.96
Resistance 3 (R3) 31.00 30.87 30.87
Resistance 2 (R2) 30.87 30.74 30.85 30.84
Resistance 1 (R1) 30.65 30.65 30.59 30.61 30.81
Pivot Point 30.52 30.52 30.49 30.50 30.52
Support 1 (S1) 30.30 30.39 30.24 30.26 30.05
Support 2 (S2) 30.17 30.30 30.15 30.02
Support 3 (S3) 29.95 30.17 29.99
Support 4 (S4) 29.91