Free Daily Analysis

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.

NYSE_HRL
Open High Low HRL Price Change
42.29 43.09 42.26 42.79 +0.36
Entry Signal

MarketClub’s Trade Triangles for HRL

long term down The long-term trend has been DOWN since Nov 24th, 2020 at 47.40

intermediate term down The intermediate-term trend has been DOWN since Nov 30th, 2021 at 42.33

short term up 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).

-75
Smart Scan Analysis for HRL
Strong Downtrend Sideways 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 High46.26Year High Date2018-11-19
Year Low31.71Year Low Date2018-02-06
52wk High50.8652wk High Date2021-02-02
52wk Low40.4852wk Low Date2021-10-01
Year End Close31.21Average Volume2,042,132
Shares Outstanding542,557Short Interest6,833,391
% Institutional82.2Market Cap23,777M
Assets123,321,820MLiabilities554,389,800M
P/E Ratio26.8544Beta0.45
Volatility18.84
Get a free daily analysis and signals for Hormel Foods Corporation (HRL) - Request Your Free Report.