CHARLES RIVER LABORATORIES (CRL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CRL - US1598641074 - Common Stock
Taking everything into account, CRL scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, CRL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although CRL has an excellent technical rating, it 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.
More info and screens
143.60
We found 6 important support areas.
- A support zone ranging from 207.59 to 208.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 199.47 to 203.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @179.07 from a trend line in the weekly time frame.
- Support @174.91 from a trend line in the daily time frame.
- Support @149.79 from a horizontal line in the daily time frame.
- Support @145.05 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 | UP | POSITIVE | The long term trend for CRL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CRL is up. |
| ChartMill Relative Strength | 84.14 | POSITIVE | CRL has a high relative strength, it outperformed 84.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CRL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CRL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.92 | OVERBOUGHT | The high RSI value suggests CRL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.18 | POSITIVE | The MACD value suggests CRL has a positive trend. |
| Stochastics (14,3) | 93.92 | OVERBOUGHT | The high Stochastics value suggests CRL may be overbought. |
| Average True Range in percent/ATR (20) | 2.35 | MEDIUM VOLATILITY | The ATR as a percentage value for CRL suggests some volalility. |
| Average Directional Index/ADX (14) | 34.55 | POSITIVE | The high ADX value value for CRL suggests a strong trend. |
220.91
+5.4 (+2.51%)
CHARLES RIVER LABORATORIES / CRL FAQ
What is the technical rating for CRL stock?
ChartMill assigns a technical rating of 9 / 10 to CRL.
What is the current trend direction of CHARLES RIVER LABORATORIES (CRL) stock?
The current trend direction for CHARLES RIVER LABORATORIES (CRL) is Bullish.
What is the RSI signal for CHARLES RIVER LABORATORIES (CRL) stock?
CHARLES RIVER LABORATORIES (CRL) has an RSI value of 77.9242. This indicates that the stock is currently overbought.
What is the MACD signal for CRL stock?
The MACD indicator for CHARLES RIVER LABORATORIES (CRL) has a value of 1.18304, indicating a bullish trend.
What is the buy/sell signal for CHARLES RIVER LABORATORIES (CRL) stock?
The buy/sell signal for CHARLES RIVER LABORATORIES (CRL) is buy as both the short term and long term trends are positive.