CLEAN HARBORS INC (CLH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CLH - US1844961078 - Common Stock
Overall CLH gets a technical rating of 5 out of 10. In the last year, CLH was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
CLH has an average technical rating and it also does not offer a high quality setup 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.
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201.36
When analyzing the support we can see 2 important areas.
- A support zone ranging from 225.07 to 236.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 203.39 to 207.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @244.18 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 | NEUTRAL | NEUTRAL | The long term trend for CLH is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLH is up. |
| ChartMill Relative Strength | 37.62 | 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) | 64.96 | NEUTRAL | The RSI value for CLH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.54 | POSITIVE | The MACD value suggests CLH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.11 | OVERBOUGHT | The high Stochastics value suggests CLH may be overbought. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for CLH suggests some volalility. |
| Average Directional Index/ADX (14) | 33.25 | POSITIVE | The high ADX value value for CLH suggests a strong trend. |
237.36
+1 (+0.42%)
CLEAN HARBORS INC / CLH FAQ
What is the technical rating for CLH stock?
ChartMill assigns a technical rating of 5 / 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 64.9614. 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 3.53779, indicating a bullish trend.
What is the support and resistance level for CLH stock?
CLEAN HARBORS INC (CLH) has a support level at 236.35 and a resistance level at 244.18. Check the full technical report for our detailed analysis of CLH support and resistance levels.