HRL

Hormel FoodsConsumer Staples

$25.31+1.16%

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$25.31

MAYJUNJUL

Trade this Ascending Triangle

Traders are watching this Ascending Triangle on HRL. Inspect the chart now.

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Quick Actions

Trade Plan: Rounding Bottom

Risk/Reward

1:2

Entry

$26.28

Stop

$22.88

Target

$33.10

Chart Pattern

Ascending Triangle

Bullish continuation pattern.

Rounding Bottom

Gradual reversal from bearish to bullish.

Market Analysis

HRL is showing interesting structural developments at $25.31. Currently at $25.31, the asset is showing upward momentum (1.16%). Price action has carved out a classic Rounding Bottom. This setup is supported by average volume turnover. A potential breakout level is identified at $26.28, targeting $33.1 with support near $22.88 (R:R 2.0).

Community Sentiment

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