CHARLES RIVER LABORATORIES (CRL) Stock Technical Analysis
NYSE:CRL - New York Stock Exchange, Inc. - US1598641074 - Common Stock - Currency: USD
Overall CRL gets a technical rating of 7 out of 10. In the last year, CRL was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
CRL is part of the Life Sciences Tools & Services industry. There are 54 other stocks in this industry. CRL outperforms 73% of them.
In the last month CRL has a been trading in the 146.26 - 184.17 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that CRL is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CRL 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
150.51
178.88
When analyzing the support we notice one important area.
- A support zone ranging from 152.03 to 154.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 177.11 to 177.11. 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 | 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 | 72.21 | POSITIVE | CRL has a high relative strength, it outperformed 72.21% 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) | DOWN | MIXED | The current price of CRL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.57 | OVERBOUGHT | The high RSI value suggests CRL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.12 | POSITIVE | The MACD value suggests CRL has a positive trend. |
| Stochastics (14,3) | 84.17 | OVERBOUGHT | The high Stochastics value suggests CRL may be overbought. |
| Average True Range in percent/ATR (20) | 3.81 | MEDIUM VOLATILITY | The ATR as a percentage value for CRL suggests some volalility. |
| Average Directional Index/ADX (14) | 28.64 | POSITIVE | The high ADX value value for CRL suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
177.1
+9.15 (+5.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg5.45%
1 Week13.02%
2 Weeks8.21%
1 Month17.9%
3 Month54.46%
6 Month7.35%
12 Month-24.14%
2 Year-15.48%
3 Year-29.31%
5 Year-11%
10 Year128.16%
15 Year469.82%
Volatility
ATR(14)7.48
ATR(20)%3.81%
ATR Inc74.12%
Range Today10.67
ADR(20)5.91
ADR(20)%3.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.21
Mansfield-0.51
10 Day High184.17
10 Day Low146.26
20 Day High184.17
20 Day Low146.26
52 Week High254.15
52 Week Low91.86
CS1 End154.47
CR1 Start177.11
Volume & EV
DER(3)-1.35%
DER(5)-0.24%
Volume1.74M
Volume Incr50.5%
Vol(5)1.19M
Vol(50)881.76K