Hormel Foods(HRL)

Hormel Foods (HRL) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for HRL · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$25.21last close · Jul 22, 202652-week range $19.70 – $29.78 · 15.35% below the high

HRL Falling Wedge Pattern

HRL is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $22.68 (+10.1%). Across 10,683 backtested falling wedges, the setup followed through 56.4% of the time, averaging +0.52R; HRL's own falling wedges have hit 41.7%.

DirectionBullishTarget$22.68Projected move+10.1%Breakout level$20.60

New to this pattern? What a falling wedge is and how to trade it →

HRL's Most Recent Falling Wedge Trade

HRL's most recent completed falling wedge resolved as a win: it broke higher on May 20, 2026 near $20.70, then reached its target at $24.16 on Jun 18, 2026 — a 16.7% move (+3.44R) over 20 sessions. Across 110 backtested falling wedges, this setup wins 50.0% of the time.

OutcomeWinResult+16.7%R+3.44REntry$20.70Exit$24.16

Learn about falling wedge

How Falling Wedges Have Performed

Win rate

56.4%

Avg return

+0.52R

Backtested trades

10,683

HRL win rate

41.7%

Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.

How these backtests work →

HRL Pattern Trade History

Every completed pattern trade our nightly backtest found on HRL's daily chart, newest first — wins and losses alike.

Pattern	Entry	Exit	Outcome	Result
Falling Wedge	May 20, 2026 @ $20.70	Jun 18, 2026 @ $24.16	Win	+10.2% · +3.44R
Falling Wedge	Apr 7, 2026 @ $21.74	May 28, 2026 @ $23.59	Loss	+13.9% · -1.23R
Bullish Pennant	Jan 14, 2026 @ $23.92	Mar 20, 2026 @ $22.14	Loss	+10.9% · -1.06R
Triangle	Jul 8, 2025 @ $30.86	Jul 15, 2025 @ $29.21	Loss	+6.8% · -1.45R
Triangle	May 29, 2025 @ $30.45	Jul 28, 2025 @ $28.55	Loss	+7.1% · -1.13R
Triangle	Apr 30, 2025 @ $29.46	Jun 9, 2025 @ $31.19	Loss	+9.8% · -1.22R
Rising Wedge	Apr 25, 2025 @ $30.08	Jun 9, 2025 @ $31.19	Loss	+10.3% · -1.39R
Falling Wedge	Mar 5, 2025 @ $29.07	Apr 7, 2025 @ $30.04	Win	+10.2% · +0.65R
Falling Wedge	Nov 7, 2024 @ $30.47	Nov 26, 2024 @ $31.62	Loss	+5.5% · -1.13R
Falling Wedge	Oct 29, 2024 @ $30.82	Nov 29, 2024 @ $32.43	Loss	+6.2% · -1.16R
Falling Wedge	Oct 17, 2024 @ $31.35	Oct 29, 2024 @ $30.69	Loss	+6.0% · -1.57R
Triangle	Oct 3, 2024 @ $31.35	Oct 18, 2024 @ $32.19	Loss	+12.1% · -1.10R

Falling Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

ALNYAlnylam Pharmaceuticals

Winning trade · +18.8%

Opened Feb 6, 2026

Closed Jul 22, 2026

Open ALNY’s live chart →

Open BA’s live chart →

BDXBecton Dickinson

Winning trade · +2.8%

Opened Jun 25, 2026

Closed Jul 21, 2026

Open BDX’s live chart →

HIIHuntington Ingalls Industries

Winning trade · +13.1%

Opened Jun 1, 2026

Closed Jul 21, 2026

Open HII’s live chart →

Learn about falling wedge

HRL Support and Resistance Levels

Price is being turned away at a ceiling near $25.71 and starting to slide. On the weekly chart, the next floor below sits near $24.12 — about 4% away.

Traders commonly watch $24.12 as a target (its 38.2% retracement) — think of it as a sensible next stop, not a guarantee.
That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
There's nothing to act on yet — the spot to watch is right at the $25.71 ceiling, where price is testing it now, not out here in the slide. Chasing once price pulls away tends to be worse odds.

HRL Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$25.38	$25.43	$25.07	$25.21
Jul 21, 2026	$25.06	$25.25	$24.88	$25.11
Jul 20, 2026	$25.32	$25.39	$25.11	$25.28
Jul 17, 2026	$26.00	$26.21	$25.24	$25.39
Jul 16, 2026	$25.35	$25.87	$25.33	$25.71
Jul 15, 2026	$24.90	$25.55	$24.77	$25.15
Jul 14, 2026	$24.44	$24.84	$24.22	$24.81
Jul 13, 2026	$24.51	$24.75	$24.39	$24.46
Jul 10, 2026	$24.39	$24.92	$24.30	$24.73
Jul 9, 2026	$24.39	$24.44	$24.16	$24.33

HRL Frequently Asked Questions

What chart pattern is HRL forming right now?

As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on Hormel Foods (HRL) on the daily chart, with a measured-move target of $22.68.

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 (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.

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 Jul 22, 2026?

Hormel Foods (HRL) last closed at $25.21 on Jul 22, 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.