CHARLES RIVER LABORATORIES (CRL) Technical Analysis
NYSE:CRL • US1598641074
Current stock price
CRL Technical Rating and Analysis
Taking everything into account, CRL scores 6 out of 10 in our technical rating. Although CRL has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- CRL is part of the Life Sciences Tools & Services industry. There are 57 other stocks in this industry. CRL outperforms 91% of them.
- In the last month CRL has a been trading in the 149.63 - 180.79 range, which is quite wide. It is currently trading near the high of this range.
- CRL has an average volume of 1065410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that CRL is one of the better performing stocks in the market, outperforming 80% of all stocks. However, CRL's most recent performance is quite weak.
- CRL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CRL is lagging the market.
CRL Weekly and Daily overview Charts
CRL Setup Rating and Analysis
CRL 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.
More info and screens
CRL Support and Resistance Analysis
148.29
We found 2 important support areas.
- Support @156.90 from a trend line in the weekly time frame.
- A support zone ranging from 149.79 to 153.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 175.66 to 175.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @218.71 from a trend line in the weekly time frame.
CRL Technical Indicator Signal Analysis
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 CRL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CRL is up. |
| ChartMill Relative Strength | 80.72 | POSITIVE | CRL has a high relative strength, it outperformed 80.72% 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) | DOWN | MIXED | The current price of CRL is above a declining 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) | 56.8 | NEUTRAL | The RSI value for CRL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.3 | POSITIVE | The MACD value suggests CRL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.59 | OVERBOUGHT | The high Stochastics value suggests CRL may be overbought. |
| Average True Range in percent/ATR (20) | 4.13 | MEDIUM VOLATILITY | The ATR as a percentage value for CRL suggests some volalility. |
| Average Directional Index/ADX (14) | 21.92 | NEUTRAL | The ADX value for CRL suggests a possible start of a new trend. |
CRL Chart- and CandleStick Pattern Analysis
CRL Technicals: Chart, Performance Metrics, Trend & Indicators
175.65
+0.1 (+0.06%)
CHARLES RIVER LABORATORIES / CRL TA FAQ
What is the technical rating for CRL stock?
ChartMill assigns a technical rating of 6 / 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 Bearish.
Can you provide the RSI signal for CHARLES RIVER LABORATORIES?
CHARLES RIVER LABORATORIES (CRL) has an RSI value of 56.8013. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CHARLES RIVER LABORATORIES?
The short term momentum for CHARLES RIVER LABORATORIES (CRL) is positive.
What are the support and resistance levels for CHARLES RIVER LABORATORIES (CRL) stock?
CHARLES RIVER LABORATORIES (CRL) has a support level at 156.9 and a resistance level at 175.66. Check the full technical report for our detailed analysis of CRL support and resistance levels.