CHARLES RIVER LABORATORIES (CRL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CRL - US1598641074 - Common Stock
Overall CRL gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CRL is only an average performer.
CRL has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 171.59, a Stop Loss order could be placed below this zone.
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143.60
When analyzing the support we can see 4 important areas.
- A support zone ranging from 167.63 to 171.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 161.63 to 164.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 148.74 to 151.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @145.05 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @191.58 from a trend line in the weekly time frame.
- A resistance zone ranging from 197.05 to 197.05. 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 CRL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CRL is up. |
| ChartMill Relative Strength | 44.72 | NEUTRAL | CRL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CRL is above a declining 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) | 54.96 | NEUTRAL | The RSI value for CRL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.16 | POSITIVE | The MACD value suggests CRL has a positive trend. |
| Stochastics (14,3) | 91.39 | OVERBOUGHT | The high Stochastics value suggests CRL may be overbought. |
| Average True Range in percent/ATR (20) | 3.72 | MEDIUM VOLATILITY | The ATR as a percentage value for CRL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.51 | NEGATIVE | The low ADX value for CRL suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 180.96 | 167.62 | 13.34 (7.37%) | 13.57% |
| An entry @180.96. This is a Buy Stop order right above the 10 day high. | An exit @167.62. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 13.34 points, which is 7.37%. | For a 1.00% total portfolio risk, you can invest 13.57% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
176.09
-2.05 (-1.15%)
CHARLES RIVER LABORATORIES / CRL FAQ
What is the technical rating for CRL stock?
ChartMill assigns a technical rating of 6 / 10 to CRL.
Can you provide the trend direction for CHARLES RIVER LABORATORIES?
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 54.9605. 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.
Can you provide the support and resistance levels for CHARLES RIVER LABORATORIES?
CHARLES RIVER LABORATORIES (CRL) has a support level at 171.59 and a resistance level at 191.58. Check the full technical report for our detailed analysis of CRL support and resistance levels.