C.H. ROBINSON WORLDWIDE INC (CHRW) Technical Analysis
NASDAQ:CHRW • US12541W2098
Current stock price
177.3 USD
-4.51 (-2.48%)
At close:
177.67 USD
+0.37 (+0.21%)
After Hours:
CHRW Technical Rating and Analysis
Taking everything into account, CHRW scores 8 out of 10 in our technical rating. In the last year, CHRW was one of the better performers, but we do observe some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that CHRW is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by CHRW over the past year are nicely spread over this period.
- CHRW is one of the better performing stocks in the Air Freight & Logistics industry, it outperforms 81% of 23 stocks in the same industry.
- CHRW is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CHRW is lagging the market slightly.
- In the last month CHRW has a been trading in the 159.96 - 190.15 range, which is quite wide. It is currently trading near the high of this range.
- CHRW has an average volume of 1786800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CHRW Weekly and Daily overview Charts
CHRW Setup Rating and Analysis
Although CHRW has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
CHRW Support and Resistance Analysis
159.15
202.61
We found 4 important support areas.
- A support zone ranging from 174.30 to 177.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 170.19 to 170.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @164.91 from a trend line in the daily time frame.
- A support zone ranging from 160.76 to 161.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 187.51 to 190.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 200.60 to 200.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
CHRW Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CHRW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CHRW is neutral. |
| ChartMill Relative Strength | 88.13 | POSITIVE | CHRW has a high relative strength, it outperformed 88.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHRW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CHRW is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CHRW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.97 | NEUTRAL | The RSI value for CHRW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests CHRW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.43 | NEUTRAL | The Stochastics value for CHRW is a neutral value. |
| Average True Range in percent/ATR (20) | 3.32 | MEDIUM VOLATILITY | The ATR as a percentage value for CHRW suggests some volalility. |
| Average Directional Index/ADX (14) | 19.62 | NEGATIVE | The low ADX value for CHRW suggests a weak or negative trend. |
CHRW Chart- and CandleStick Pattern Analysis
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)
CHRW Technicals: Chart, Performance Metrics, Trend & Indicators
177.3
-4.51 (-2.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg-2.48%
1 Week-3.13%
2 Weeks-2.71%
1 Month5.64%
3 Month-9.05%
6 Month15.14%
12 Month95.2%
2 Year105.28%
3 Year87.54%
5 Year82.75%
10 Year136.46%
15 Year121.02%
Volatility
ATR(14)6.01
ATR(20)%3.32%
ATR Inc70.93%
Range Today8.68
ADR(20)5.87
ADR(20)%3.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.13
3 months CRS22.23
6 months CRS78.74
Mansfield1.44
10 Day High190.15
10 Day Low176.99
20 Day High190.15
20 Day Low159.96
52 Week High203.34
52 Week Low86.58
CS1 End177.26
CR1 Start187.51
Volume & EV
DER(3)-0.82%
DER(5)-0.6%
Volume1.52M
Volume Incr33.2%
Vol(5)2.32M
Vol(50)1.79M
C.H. ROBINSON WORLDWIDE INC / CHRW TA FAQ
What is the ChartMill technical rating of C.H. ROBINSON WORLDWIDE INC (CHRW) stock?
ChartMill assigns a technical rating of 8 / 10 to CHRW.
What is the trend direction for CHRW stock?
The current trend direction for C.H. ROBINSON WORLDWIDE INC (CHRW) is Bullish.
What is the RSI signal for C.H. ROBINSON WORLDWIDE INC (CHRW) stock?
C.H. ROBINSON WORLDWIDE INC (CHRW) has an RSI value of 48.9749. This indicates that the stock is currently neutral.
Can you provide the MACD signal for C.H. ROBINSON WORLDWIDE INC?
The MACD indicator for C.H. ROBINSON WORLDWIDE INC (CHRW) has a value of 0.377619, indicating a bearish trend.
Can you provide the short term momentum for C.H. ROBINSON WORLDWIDE INC?
The short term momentum for C.H. ROBINSON WORLDWIDE INC (CHRW) is neutral.