CLEAN HARBORS INC (CLH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CLH - US1844961078 - Common Stock
We assign a technical rating of 8 out of 10 to CLH. Although CLH is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although CLH has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
204.26
We found 3 important support areas.
- A support zone ranging from 231.76 to 242.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @209.99 from a trend line in the weekly time frame.
- Support @206.32 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 253.43 to 253.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 59.48 | NEUTRAL | CLH is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of CLH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.62 | OVERBOUGHT | The high RSI value suggests CLH may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.55 | POSITIVE | The MACD value suggests CLH has a positive trend. |
| Stochastics (14,3) | 80.48 | OVERBOUGHT | The high Stochastics value suggests CLH may be overbought. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for CLH suggests low volalility. |
| Average Directional Index/ADX (14) | 32.01 | POSITIVE | The high ADX value value for CLH suggests a strong trend. |
253.42
+5.93 (+2.4%)
CLEAN HARBORS INC / CLH FAQ
What is the technical rating for CLH stock?
ChartMill assigns a technical rating of 8 / 10 to CLH.
Can you provide the trend direction for CLEAN HARBORS INC?
The current trend direction for CLEAN HARBORS INC (CLH) is Bullish.
What is the RSI signal for CLH stock?
CLEAN HARBORS INC (CLH) has an RSI value of 71.6244. This indicates that the stock is currently overbought.
What is the buy/sell signal for CLH stock?
The buy/sell signal for CLEAN HARBORS INC (CLH) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for CLEAN HARBORS INC (CLH) stock?
CLEAN HARBORS INC (CLH) has a support level at 242.99 and a resistance level at 253.43. Check the full technical report for our detailed analysis of CLH support and resistance levels.