Technical Analysis for 0J5Z - Hormel Foods Corp.

Grade Last Price % Change Price Change
B 35.46 0.50% 0.18
0J5Z closed up 0.5 percent on Friday, April 26, 2024, on 35 percent of normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
180 Bullish Setup Bullish Swing Setup 0.00%
Overbought Stochastic Strength 0.00%
MACD Bullish Signal Line Cross Bullish 0.50%
Gapped Up Strength 0.50%
Overbought Stochastic Strength 0.50%
Upper Bollinger Band Touch Strength 0.50%
20 DMA Support Bullish 0.10%
Pocket Pivot Bullish Swing Setup 0.10%
Volume Surge Other 0.10%
Stochastic Reached Overbought Strength 0.10%

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Profile

Hormel Foods Corp. Description

Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and other food products to retail, foodservice, deli, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International segments. The company provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chili, shelf-stable microwaveable meals, hash, stews, tortillas, salsas, tortilla chips, nutritional food supplements, and others. It sells its products under the HORMEL, ALWAYS TENDER, APPLEGATE, AUSTIN BLUES, BACON 1, BLACK LABEL, BREAD READY, BURKE, CAFÉ H, CERATTI, CHI-CHI'S, COLUMBUS, COMPLEATS, CORN NUTS, CURE 81, DAN'S PRIZE, DI LUSSO, DINTY MOORE, DON MIGUEL, DOÑA MARIA, EMBASA, FAST "N EASY, FIRE BRAISED, FONTANINI, HAPPY LITTLE PLANTS, HERDEZ, HORMEL GATHERINGS, HORMEL SQUARE TABLE, HORMEL VITAL CUISINE, HOUSE OF TSANG, JENNIE-O, JUSTIN'S, LA VICTORIA, LAYOUT, LLOYD'S, MARY KITCHEN, MR. PEANUT, NATURAL CHOICE, NUT-RITION, OLD SMOKEHOUSE, OVEN READY, PILLOW PACK, PLANTERS, ROSA GRANDE, SADLER'S SMOKEHOUSE, SKIPPY, SPAM, SPECIAL RECIPE, THICK & EASY, VALLEY FRESH, AND WHOLLY brands through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.


Classification

Keywords: Food Products American Brands Minnesota Tortilla Chips

Is 0J5Z 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 41.67
52 Week Low 28.52
Average Volume 3,232
200-Day Moving Average 34.52
50-Day Moving Average 33.57
20-Day Moving Average 34.79
10-Day Moving Average 34.73
Average True Range 0.52
RSI (14) 62.41
ADX 33.98
+DI 31.35
-DI 18.96
Chandelier Exit (Long, 3 ATRs) 34.28
Chandelier Exit (Short, 3 ATRs) 35.34
Upper Bollinger Bands 35.85
Lower Bollinger Band 33.73
Percent B (%b) 0.81
BandWidth 6.08
MACD Line 0.40
MACD Signal Line 0.37
MACD Histogram 0.0244
Fundamentals Value
Market Cap 189.54 Million
Num Shares 535 Million
EPS 1.75
Price-to-Earnings (P/E) Ratio 20.26
Price-to-Sales 0.01
Price-to-Book 0.00
Dividend 1.10
Dividend Yield 3.10%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 36.00
Resistance 3 (R3) 35.94 35.71 35.91
Resistance 2 (R2) 35.71 35.57 35.74 35.87
Resistance 1 (R1) 35.58 35.49 35.65 35.64 35.84
Pivot Point 35.35 35.35 35.38 35.38 35.35
Support 1 (S1) 35.22 35.21 35.29 35.28 35.07
Support 2 (S2) 34.99 35.13 35.02 35.04
Support 3 (S3) 34.86 34.99 35.01
Support 4 (S4) 34.92