The Greedy Trader Weekly Analysis
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Number of records: 5
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Uptrend Broken Support
Uptrend Broken Support stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Uptrend Broken Support alert is a confirmation that long term uptrend reversal is completed and a new downtrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of support trendline. This point is considered as a second chance to sell long position (or open short positions) in uptrend reversal.
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C.H. Robinson Worldwide
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Summary:
Weekly :Williams' Percentage Range and Lane's Stochastic are overboughtBroken trend resistance line
Daily :The price has risen above the Parabolic SARThe Bollinger Bands are historically close together
Move cursor over the icon to see details.

It was a first positive week for the C.H. Robinson Worldwide (CHRW). During the week, the CHRW climbed 0.36 points, or 0.37%, and closed at 96.44 on Friday, September 07, 2018. Weekly volume was -32% below average.

Long-term trend: [See CHRW long-term trend chart]
A long-term uptrend had started on March 20, 2014 at 50.21 and reached 100.18 on January 26, 2018. CHRW gained -49.97 points, or -99.52%, in 201 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (76.16) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See CHRW medium-term trend chart]
A medium-term uptrend had started on May 3, 2018 at 80.83 and reached 98.80 on August 22, 2018. CHRW gained -17.97 points, or -22.23%, in 15 weeks. The price is now at the 13.13% retracement level.

Weekly Technical Indicators: [See CHRW weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is above its signal line since July 27, 2018. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See CHRW short-term trend chart]
A short-term uptrend had started on June 28, 2018 at 82.23 and reached 98.80 on August 22, 2018. CHRW gained -16.57 points, or -20.15%, in 55 days. The chart has formed a Descending Triangle chart pattern.

Daily Technical Indicators: [See CHRW daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since August 22, 2018. The distance between MACD and the signal line is low and getting smaller.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

The distance between the Bollinger Bands (4.23%) is close to one year low (3.92%). It is 54.55% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 43.45
Williams' Percentage Range (W%R) 29.90
Lane's Stochastic (%D-Slow) 50.44
Greed/Fear Indicator (GFI) 54.68
Moving Average Converg./Diverg. (MACD) 1.24
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 67.37
Williams' Percentage Range (W%R) 10.30
Overbought
Lane's Stochastic (%D-Slow) 88.80
Overbought
Greed/Fear Indicator (GFI) 78.53
Moving Average Converg./Diverg. (MACD) 1.50
Trading Signals
Description Value Chart
Upper Bollinger Band 97.79
Weekly Stochastic Crossing 97.14
Daily Stochastic Crossing 96.54
Price 96.44
20 Day Moving Average 96.14
Parabolic System 94.74
Lower Bollinger Band 93.70
50 Day Moving Average 92.21
Yearly Trendline Resistance 81.91
Sector and Industry
Description Name Rank
Sector Services 7
Industry Air Delivery/Freight Svcs 116
Daily Trend
Description Value
Direction Up
Chart Pattern Descending Triangle
Low 82.23
Low Date 06/28/2018
High 98.80
High Date 08/22/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 80.83
Low Date 05/03/2018
High 98.80
High Date 08/22/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 100.18
High Date 01/26/2018
Low 80.83
Low Date 05/03/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 59.71
Low Date 12/08/2015
High 100.18
High Date 01/26/2018
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 81.91
Support 76.16
Low 50.21
Low Date 03/20/2014
High 100.18
High Date 01/26/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

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