Hormel Foods Stock Forecast

Sell candidate since Jun 17, 2026 Loss -0.90%

The Hormel Foods Corporation stock price fell by -0.207% on the last day (Monday, 22nd Jun 2026) from $24.16 to $24.11. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 2.26% from a day low at $23.93 to a day high of $24.47. The price has risen in 6 of the last 10 days and is up by 2.07% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -3 million shares and in total, 3 million shares were bought and sold for approximately $66.11 million.

The stock lies in the upper part of a wide and weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $24.91 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 8.81% during the next 3 months and, with a 90% probability hold a price between $22.33 and $27.11 at the end of this 3-month period.

HRL Signals & Forecast

The Hormel Foods Corporation stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $24.43. On a fall, the stock will find some support from the long-term average at approximately $22.20. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, June 12, 2026, and so far it has fallen -2.59%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Hormel Foods Corporation stock

Hormel Foods Corporation finds support from accumulated volume at $23.59 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.540 between high and low, or 2.26%. For the last week, the stock has had daily average volatility of 1.91%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (HRL) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect Hormel Foods Corporation to open at $24.17, and during the day (based on 14 day Average True Range), to move between $23.82 and $24.40, which gives a possible trading interval of +/-$0.576 (+/-2.42%) up or down from last closing price. If Hormel Foods Corporation takes out the full calculated possible swing range there will be an estimated 2.42% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $24.16 (0.21%) than the support at $23.59 (2.16%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Dividend Warning For HRL

Dividend coming up for HRL: Ex-dividend date (Monday 13th July, 2026) is 19 days away. The dividend is $0.290.

Is Hormel Foods Corporation stock A Buy?

Hormel Foods Corporation holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.633 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 23, 2026 - $24.17 ( 0.249%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*
*Your capital is at risk