In its latest trading session, Hormel Foods Corporation (HRL) dropped by -0.2% – here is what that looked like (as of 2019-10-29):
Why are these moves happning?? To grasp this action better, it is helpful to analyze some technical indicators. The most important ones are as follows:
A Money Flow Index (MFI) of 50.071, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.003, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.449, an Accumulation/Distribution Index (ADI) of 0.449, an On-Balance Volume (OBV) of 1102.439, and a Chaiikin Money Flow (CMF) of 40.57. 23.75
Now let’s take all these indicators into account. According to Trading View, this is what it all means:
That is what an analysis of technical indicators seems to indicate for Hormel Foods Corporation (HRL). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.
2335 Holt Street, SAINT CROIX IN 47576