C.H. ROBINSON WORLDWIDE INC (CHRW) Technical Analysis
NASDAQ:CHRW • US12541W2098
Current stock price
169.39 USD
-2.47 (-1.44%)
At close:
168.72 USD
-0.67 (-0.4%)
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.
- In the last month CHRW has a been trading in the 167.84 - 194.54 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that CHRW is one of the better performing stocks in the market, outperforming 90% of all stocks. We also observe that the gains produced by CHRW over the past year are nicely spread over this period.
- CHRW is part of the Air Freight & Logistics industry. There are 23 other stocks in this industry. CHRW outperforms 100% of them.
- CHRW is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CHRW is performing more or less in line with the market.
- CHRW has an average volume of 2469740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- Considerably lower volume is observed in the last couple of days.
CHRW Weekly and Daily overview Charts
CHRW Setup Rating and Analysis
Although CHRW has an excellent technical rating, the quality of the presented setup is not ideal 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
103.21
195.26
We found 2 important support areas.
- A support zone ranging from 167.77 to 169.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @104.25 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- Resistance @169.83 from a trend line in the daily time frame.
- A resistance zone ranging from 180.97 to 181.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 189.69 to 190.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @193.33 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for CHRW is down. |
| ChartMill Relative Strength | 90.63 | POSITIVE | CHRW has a high relative strength, it outperformed 90.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CHRW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CHRW is below the rising 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) | 38.57 | NEUTRAL | The RSI value for CHRW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.97 | NEGATIVE | The MACD value suggests CHRW has a negative trend. |
| Stochastics (14,3) | 7.88 | OVERSOLD | The low Stochastics value suggests CHRW may be oversold. |
| Average True Range in percent/ATR (20) | 4.48 | MEDIUM VOLATILITY | The ATR as a percentage value for CHRW suggests some volalility. |
| Average Directional Index/ADX (14) | 28.06 | POSITIVE | The high ADX value value for CHRW suggests a strong 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 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 169.84 | 168.00 | 1.84 (1.08%) | 25.00% |
| An entry @169.84. This is a Buy Stop order right above the resistance zone. | An exit @168.00. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.84 points, which is 1.08%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.27%. |
- 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 Technicals: Chart, Performance Metrics, Trend & Indicators
169.39
-2.47 (-1.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg-1.44%
1 Week-5.71%
2 Weeks-8.56%
1 Month0.96%
3 Month7.83%
6 Month27.93%
12 Month72.18%
2 Year122.47%
3 Year70.46%
5 Year77.5%
10 Year128.2%
15 Year128.5%
Volatility
ATR(14)7.01
ATR(20)%4.48%
ATR Inc-21.64%
Range Today7.09
ADR(20)7.47
ADR(20)%4.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.63
3 months CRS83.89
6 months CRS89.96
Mansfield2.52
10 Day High194.54
10 Day Low168.01
20 Day High194.54
20 Day Low167.84
52 Week High203.34
52 Week Low84.68
CS1 End169.38
CR1 Start169.83
Volume & EV
DER(3)-1.03%
DER(5)0.85%
Volume1.61M
Volume Incr-50.29%
Vol(5)1.53M
Vol(50)2.47M
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 CHRW stock?
C.H. ROBINSON WORLDWIDE INC (CHRW) has an RSI value of 38.5685. This indicates that the stock is currently neutral.
What is the short term momentum for CHRW stock?
The short term momentum for C.H. ROBINSON WORLDWIDE INC (CHRW) is negative.
Can you provide the buy/sell signal for C.H. ROBINSON WORLDWIDE INC?
The buy/sell signal for C.H. ROBINSON WORLDWIDE INC (CHRW) is hold as the short term and long term trends are mixed.