Auto-detected technical analysis for HRL · data as of Jun 25, 2026. The chart above is live; the read below updates daily.
$26.02last close · Jun 25, 2026
HRL Falling Wedge Pattern
No chart pattern is currently detected on HRL. The most recent was a Falling Wedge, detected May 19, 2026.
A Falling Wedge is a brief, tidy pause that typically continues the move higher. It projects a measured-move target near $22.68 (+10.1%). Across 13,048 backtested falling wedges, the setup followed through 53.9% of the time, averaging +0.38R; HRL's own falling wedges have hit 57.7%.
HRL's most recent completed Falling Wedge resolved as a win: it broke higher on May 20, 2026 near $20.76, then reached its target at $22.68 on May 28, 2026 — a +1.81R move (9.3%) over 5 sessions. Across 132 backtested falling wedges, this setup wins 54.5% of the time.
OutcomeWinResult+1.81REntry$20.76Exit$22.68
How Falling Wedges have performed
Win rate
53.9%
Avg return
+0.38R
Backtested trades
13,048
HRL win rate
57.7%
Historical pattern statistics (1986-12-19 – 2026-06-10), not a prediction.
HRL support and resistance levels
The weekly read is leaning lower. Price ran up into a ceiling near $24.85 about a week ago, and the rules still favor a move lower from here.
What started it: Price only had to touch that ceiling at some point during the week — it didn't need to close there.
What would call it off: Two weekly closes back above $25.10 — a touch above the $24.85 ceiling, the room the read is given before it's wrong.
Where it has room to go: There's room toward its measured target — the first price below where the move is likely to pause.
So far price hasn't moved that way yet — it's still close to where the read began.
Nearest auto-detected support sits near $25.18, resistance near $26.17. These are chart/swing-derived levels, not formula pivots.
No pattern is currently detected on HRL. The most recent was a Falling Wedge, detected May 19, 2026.
Is a Falling Wedge bullish or bearish?
The Falling Wedge detected on HRL is a bullish pattern, projecting a measured-move target of $22.68. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Falling Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Falling Wedge family (13,048 trades over 516 symbols), it resolved in the expected direction 53.9% of the time with an average of +0.38R. These are historical statistics, not a prediction.
What are the support and resistance levels for HRL?
Based on auto-detected, swing-derived levels (as of Jun 25, 2026), HRL's nearest support is around $25.18 and nearest resistance around $26.17.
What is the price target if HRL's pattern breaks out?
The detected Falling Wedge has a geometry-based measured-move target of $22.68 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was HRL's closing price on Jun 25, 2026?
Hormel Foods (HRL) last closed at $26.02 on Jun 25, 2026. For the live quote, see the chart above or a real-time quote provider.
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.
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