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Hormel Foods Crp Bearish Moving Average Crossover Alert (HRL)

By James Quinn

Today, shares of Hormel Foods Crp (NYSE:HRL) have crossed bearishly below their 10-day moving average of $41.41 on a volume of 832K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Hormel Foods Crp share prices have moved between a 52-week high of $46.26 and a 52-week low of $35.35 and are now trading 17% above that low price at $41.22 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for Hormel Foods Crp and will alert subscribers who have HRL in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses hormel foods crp

Ticker(s): HRL