C.H. ROBINSON WORLDWIDE INC (CHRW)

US12541W2098 - Common Stock

108.54  -0.49 (-0.45%)

After market: 108.54 0 (0%)

Technical Rating and Analysis

9

Taking everything into account, CHRW scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, CHRW has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, CHRW did better than 75% of all other stocks.
CHRW is one of the better performing stocks in the Air Freight & Logistics industry, it outperforms 89% of 20 stocks in the same industry.
CHRW is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
CHRW is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
CHRW has an average volume of 1319860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
CHRW Weekly chart
CHRW Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, CHRW also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 105.33, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

98.47

112.80

We found 3 important support areas.

  • A support zone ranging from 105.24 to 105.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 101.82 to 101.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @99.46 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 109.67 to 111.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.09
Mansfield0.9
10 Day High112.24
10 Day Low107.72
20 Day High112.24
20 Day Low100.44
52 Week High113.1
52 Week Low65
Performance
1 Week-2.64%
2 Weeks0.58%
1 Month1.7%
3 Month6.63%
6 Month25.16%
12 Month31.55%
2 Year8.3%
3 Year14.14%
5 Year41.24%
10 Year47.19%
15 Year94.69%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)51.37
LBB103.78
UBB113.16
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
109.68107.711.97 (1.80%)25.00%
An entry @109.68. This is a Buy Stop order right above the 10 day moving average.An exit @107.70. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 1.97 points, which is 1.80%.For a 0.45% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of CHRW. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CHRW Daily chart

C.H. ROBINSON WORLDWIDE INC

NASDAQ:CHRW (11/21/2024, 8:19:30 PM)

After market: 108.54 0 (0%)

108.54

-0.49 (-0.45%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg-0.45%
1 Week-2.64%
2 Weeks0.58%
1 Month1.7%
3 Month6.63%
6 Month25.16%
12 Month31.55%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.04
ATR(20)%2.19%
ATR Inc
Range Today1.31
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High112.24
10 Day Low107.72
20 Day High112.24
20 Day Low100.44
52 Week High113.1
52 Week Low65
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume774.00K
Volume Incr-46.11%
Vol(5)762.84K
Vol(50)1.32M