CLEAN HARBORS INC (CLH) Stock Technical Analysis
NYSE:CLH - New York Stock Exchange, Inc. - US1844961078 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to CLH. In the last year, CLH was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long and short term trends are both positive. This is looking good!
In the last month CLH has a been trading in the 203.75 - 235.43 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that CLH is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
CLH is an average performer in the Commercial Services & Supplies industry, it outperforms 62% of 83 stocks in the same industry.
CLH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CLH is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
CLH has an excellent technical rating, but the quality of the setup is only medium 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
190.94
262.87
2 important support areas can be observed.
- A support zone ranging from 224.91 to 226.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @192.87 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 229.81 to 233.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @260.27 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for CLH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLH is up. |
| ChartMill Relative Strength | 70.65 | POSITIVE | CLH has a high relative strength, it outperformed 70.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CLH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLH is above the rising 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) | 59.33 | NEUTRAL | The RSI value for CLH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.66 | NEGATIVE | The MACD value suggests CLH has a negative trend. |
| Stochastics (14,3) | 49.47 | NEUTRAL | The Stochastics value for CLH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for CLH suggests some volalility. |
| Average Directional Index/ADX (14) | 24.22 | NEUTRAL | The ADX value for CLH suggests a possible start of a new trend. |
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)
226.51
-1.21 (-0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-0.53%
1 Week-2.74%
2 Weeks0.38%
1 Month6.87%
3 Month3.9%
6 Month-10.29%
12 Month3.98%
2 Year61.33%
3 Year142.52%
5 Year281.39%
10 Year302.04%
15 Year257.33%
Volatility
ATR(14)3.97
ATR(20)%2.02%
ATR Inc-6.13%
Range Today3.88
ADR(20)4.23
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.65
Mansfield-0.31
10 Day High235.43
10 Day Low224.11
20 Day High235.43
20 Day Low203.75
52 Week High267.11
52 Week Low178.29
CS1 End226.5
CR1 Start229.81
Volume & EV
DER(3)-1.37%
DER(5)-0.9%
Volume301.00K
Volume Incr-34.92%
Vol(5)251.62K
Vol(50)435.14K