CHARLES RIVER LABORATORIES (CRL) Stock Technical Analysis
NYSE:CRL - New York Stock Exchange, Inc. - US1598641074 - Common Stock - Currency: USD
Taking everything into account, CRL scores 2 out of 10 in our technical rating. CRL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, CRL is a bad performer in the overall market: 80% of all stocks are doing better.
In the last month CRL has a been trading in the 145.99 - 184.17 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
CRL is an average performer in the Life Sciences Tools & Services industry, it outperforms 41% of 54 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.
Volume is considerably higher in the last couple of days.
The technical rating of CRL is bad and it also does not present a 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
178.71
3 important support areas can be observed.
- A support zone ranging from 153.82 to 155.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 148.73 to 150.55. 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.
2 important resistance areas can be observed.
- Resistance @172.83 from a trend line in the weekly time frame.
- A resistance zone ranging from 175.92 to 176.94. 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 | DOWN | NEGATIVE | The short term trend for CRL is down. |
| ChartMill Relative Strength | 20.31 | NEGATIVE | CRL has a low relative strength, it was outperformed by 79.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CRL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CRL is below the rising 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) | 45.58 | NEUTRAL | The RSI value for CRL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.61 | NEGATIVE | The MACD value suggests CRL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.19 | OVERSOLD | The low Stochastics value suggests CRL may be oversold. |
| Average True Range in percent/ATR (20) | 4.54 | MEDIUM VOLATILITY | The ATR as a percentage value for CRL suggests some volalility. |
| Average Directional Index/ADX (14) | 24.95 | NEUTRAL | The ADX value for CRL suggests a possible start of a new 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)
155.8
+0.8 (+0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg0.52%
1 Week3.11%
2 Weeks-12.03%
1 Month0.04%
3 Month9.95%
6 Month1.98%
12 Month-23.22%
2 Year-25.06%
3 Year-24.48%
5 Year-29.21%
10 Year125%
15 Year448.67%
Volatility
ATR(14)5.92
ATR(20)%4.54%
ATR Inc-34.94%
Range Today3.18
ADR(20)6.01
ADR(20)%3.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.31
Mansfield-1.59
10 Day High176.15
10 Day Low145.99
20 Day High184.17
20 Day Low145.99
52 Week High230.02
52 Week Low91.86
CS1 End150.55
CR1 Start155.01
Volume & EV
DER(3)3.93%
DER(5)2.41%
Volume831.58K
Volume Incr33.31%
Vol(5)1.24M
Vol(50)912.25K