CHARLES RIVER LABORATORIES (CRL) Stock Technical Analysis
USA - NYSE:CRL - US1598641074 - Common Stock
148.56 USD
+2.99 (+2.05%)
148.56 USD
0 (0%)
We assign a technical rating of 0 out of 10 to CRL. CRL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CRL is a bad performer in the overall market: 86% of all stocks are doing better.
In the last month CRL has a been trading in the 144.26 - 167.50 range, which is quite wide. It is currently trading near the lows of this range.
CRL is an average performer in the Life Sciences Tools & Services industry, it outperforms 49% of 56 stocks in the same industry.
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.
Although the technical rating is bad, CRL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 155.43. Right above this resistance zone may be a good entry point.
More info and screens
143.60
177.68
2 important support areas can be observed.
- Support @148.55 from a horizontal line in the weekly time frame.
- A support zone ranging from 145.05 to 145.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 155.43 to 155.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 163.50 to 164.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 175.41 to 175.92. 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 | DOWN | NEGATIVE | The long term trend for CRL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CRL is down. |
| ChartMill Relative Strength | 14.94 | NEGATIVE | CRL has a low relative strength, it was outperformed by 85.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CRL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CRL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CRL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.22 | NEUTRAL | The RSI value for CRL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.94 | NEGATIVE | The MACD value suggests CRL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.36 | OVERSOLD | The low Stochastics value suggests CRL may be oversold. |
| Average True Range in percent/ATR (20) | 3.84 | MEDIUM VOLATILITY | The ATR as a percentage value for CRL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.92 | NEGATIVE | The low ADX value for CRL suggests a weak or negative 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)
148.56
+2.99 (+2.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg2.05%
1 Week-4.4%
2 Weeks-2.83%
1 Month-8.98%
3 Month-0.97%
6 Month-4.49%
12 Month-25.09%
2 Year-24.2%
3 Year-24.51%
5 Year-34.4%
10 Year133.88%
15 Year348.15%
Volatility
ATR(14)5.47
ATR(20)%3.84%
ATR Inc-28.06%
Range Today3.85
ADR(20)5.52
ADR(20)%3.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.94
Mansfield-1.77
10 Day High157.95
10 Day Low144.26
20 Day High167.5
20 Day Low144.26
52 Week High230.02
52 Week Low91.86
CS1 End148.55
CR1 Start155.43
Volume & EV
DER(3)0.17%
DER(5)0.6%
Volume762.30K
Volume Incr19.27%
Vol(5)1.00M
Vol(50)933.37K