|
Archive - 6/6/2025 - Sign In to see current Signals. |
C.H. Robinson Worldwide (CHRW) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :    Move cursor over the icon to see details.
| | It was the negative week for the C.H. Robinson Worldwide (CHRW). During the week, the CHRW gave back -0.17 points, or -0.18%, and closed at 95.80 on Friday, June 6, 2025. Weekly volume was -33% below average. CHRW is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See CHRW long-term trend chart] A long-term downtrend had started on December 13, 2024 at 114.80 and reached 84.68 on April 9, 2025. CHRW lost 30.12 points, or 26.24%, in 16 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 73.86 and resistance is at 98.70. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.
Medium-term trend: [See CHRW medium-term trend chart] A medium-term uptrend had started on April 9, 2025 at 84.68 and reached 101.07 on May 20, 2025. CHRW gained -16.39 points, or -19.36%, in 5 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 88.68 and resistance is at 104.75. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See CHRW weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since November 22, 2024. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
Short-term trend: [See CHRW short-term trend chart] A short-term downtrend had started on May 20, 2025 at 101.07 and reached 94.15 on June 2, 2025. CHRW lost 6.92 points, or 6.85%, in 13 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See CHRW daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. 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 link to access Lane's Stochastic help. The daily MACD line is below its signal line since May 29, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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 price is close to the moving average in the center of the Bollinger Bands. 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.
| |
|
|