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Stock Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
Hormel Foods Corporation (NYSE:HRL)
Bear Market Rally (-75) - HRL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HRL as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid HRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for HRL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for HRL
The long-term trend has been DOWN since Nov 24th, 2020 at 47.40
The intermediate-term trend has been DOWN since Nov 30th, 2021 at 42.33
The short-term trend has been UP since Dec 3rd, 2021 at 42.71
Smart Scan Analysis for HRL
Based on our trend formula, HRL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 42.29 | 43.09 | 42.26 | 42.79 | +0.36 |
| Prev. Close | Volume | Bid | Ask | Time |
| 42.79 | 2498800 | 2021-12-08 16:31:15 |
| Year High | 46.26 | Year High Date | 2018-11-19 |
| Year Low | 31.71 | Year Low Date | 2018-02-06 |
| 52wk High | 50.86 | 52wk High Date | 2021-02-02 |
| 52wk Low | 40.48 | 52wk Low Date | 2021-10-01 |
| Year End Close | 31.21 | Average Volume | 2,042,132 |
| Shares Outstanding | 542,557 | Short Interest | 6,833,391 |
| % Institutional | 82.2 | Market Cap | 23,777M |
| Assets | 123,321,820M | Liabilities | 554,389,800M |
| P/E Ratio | 26.8544 | Beta | 0.45 |
| Volatility | 18.84 |