


Technical Sentiment Analysis for Hormel Foods Corp (HRL) As of 2026-05-29, Hormel Foods Corp (HRL) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 8 indicators are flashing buy, while 7 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for HRL stands at 68.174, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.244, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 83.602 and the Commodity Channel Index (CCI) at 277.475 further confirm a 3.23 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, HRL is trading below its 60-day moving average of $21.693 and below its 200-day long-term moving average of $23.537. Key price levels to watch include the immediate resistance at $23.511 and strong support at $19.322. A break above $23.511 could signal a bull continuation, while falling below $19.322 may test the next Fibonacci floor at $17.416.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 15.132 | 17.416 | 19.322 | 21.605 | 23.511 | 25.795 | 27.7 |
| Fibonacci | 17.416 | 19.016 | 20.005 | 21.605 | 23.206 | 24.194 | 25.795 |
2026-05-29
| Name | Value |
|---|---|
| RSI_14 | 68.174 |
| STOCHk_14_3_3 | 83.602 |
| STOCHd_14_3_3 | 80.03 |
| CCI_20 | 277.475 |
| AO_5_34 | 1.008 |
| MOM_10 | 3.23 |
| MACD_12_26_9 | 0.244 |
2026-05-29
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 21.982 | Buy |
| MA_10 | 21.227 | Buy |
| MA_20 | 20.866 | Buy |
| MA_60 | 21.693 | Buy |
| MA_200 | 23.537 | Sell |
| MA_250 | 24.804 | Sell |