C.H. ROBINSON WORLDWIDE INC (CHRW) Stock Technical Analysis
NASDAQ:CHRW - Nasdaq - US12541W2098 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to CHRW. Although CHRW is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
CHRW is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Looking at the yearly performance, CHRW did better than 83% of all other stocks. On top of that, CHRW also shows a nice and consistent pattern of rising prices.
CHRW is one of the better performing stocks in the Air Freight & Logistics industry, it outperforms 77% of 23 stocks in the same industry.
CHRW has an average volume of 1126090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
CHRW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CHRW is lagging the market.
Although the technical rating is only medium, CHRW does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 97.29, a Stop Loss order could be placed below this zone.
More info and screens
95.62
115.20
When analyzing the support we notice one important area.
- A support zone ranging from 96.59 to 97.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @107.33 from a trend line in the daily time frame.
- A resistance zone ranging from 110.37 to 111.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @114.06 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.12
Mansfield0.01
10 Day High101.17
10 Day Low95.68
20 Day High110.25
20 Day Low95.68
52 Week High114.82
52 Week Low65
Performance
1 Week2.29%
2 Weeks4.39%
1 Month-5.72%
3 Month-6.25%
6 Month-0.89%
12 Month37.53%
2 Year0.92%
3 Year4.34%
5 Year46.42%
10 Year35.77%
15 Year89.16%
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)0.32
RSI(14)49.09
LBB96.13
UBB101.36
100.88
+0.46 (+0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg0.46%
1 Week2.29%
2 Weeks4.39%
1 Month-5.72%
3 Month-6.25%
6 Month-0.89%
12 Month37.53%
2 Year0.92%
3 Year4.34%
5 Year46.42%
10 Year35.77%
15 Year89.16%
Volatility
ATR(14)1.98
ATR(20)%2.54%
ATR Inc-0.45%
Range Today2.78
ADR(20)2.39
ADR(20)%2.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.12
Mansfield0.01
10 Day High101.17
10 Day Low95.68
20 Day High110.25
20 Day Low95.68
52 Week High114.82
52 Week Low65
CS1 End97.29
CR1 Start107.33
Volume & EV
DER(3)0.16%
DER(5)0.11%
Volume1.62M
Volume Incr-11.68%
Vol(5)1.13M
Vol(50)1.13M