CLEAN HARBORS INC (CLH) Stock Technical Analysis
USA - NYSE:CLH - US1844961078 - Common Stock
Taking everything into account, CLH scores 0 out of 10 in our technical rating. CLH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
CLH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
187.40
When analyzing the support we can see 2 important areas.
- Support @201.41 from a trend line in the weekly time frame.
- Support @189.29 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 205.86 to 207.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 225.54 to 233.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @245.04 from a trend line in the weekly time frame.
- Resistance @250.43 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for CLH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CLH is down. |
| ChartMill Relative Strength | 17.24 | NEGATIVE | CLH has a low relative strength, it was outperformed by 82.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CLH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CLH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CLH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.99 | NEUTRAL | The RSI value for CLH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.07 | NEGATIVE | The MACD value suggests CLH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.41 | OVERSOLD | The low Stochastics value suggests CLH may be oversold. |
| Average True Range in percent/ATR (20) | 3.38 | MEDIUM VOLATILITY | The ATR as a percentage value for CLH suggests some volalility. |
| Average Directional Index/ADX (14) | 36.53 | POSITIVE | The high ADX value value for CLH suggests a strong trend. |
205.85
+1.56 (+0.76%)
CLEAN HARBORS INC / CLH FAQ
What is the technical rating for CLH stock?
ChartMill assigns a technical rating of 0 / 10 to CLH.
What is the current trend direction of CLEAN HARBORS INC (CLH) stock?
The current trend direction for CLEAN HARBORS INC (CLH) is Bearish.
What is the RSI signal for CLH stock?
CLEAN HARBORS INC (CLH) has an RSI value of 32.9898. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CLEAN HARBORS INC?
The MACD indicator for CLEAN HARBORS INC (CLH) has a value of -1.0732, indicating a bearish trend.
What is the support and resistance level for CLH stock?
CLEAN HARBORS INC (CLH) has a support level at 201.41 and a resistance level at 205.86. Check the full technical report for our detailed analysis of CLH support and resistance levels.