Symbol: **
|
|
|
|
Symbol Lookup |
|
View Technical Chart |
|
Add to Watch List |
|
Candlestick Patterns |
|
Stock
Technical Indicators |
|
Stock Trends Analysis |
|
Market Sector Rank |
|
Stock Trading
Signals |
|
Williams' Percentage Range (W%R) |
Williams' %R is an effective momentum indicator that measures
overbought/oversold levels. Like other indicators, W%R ranges between 0% and
100% , but in opposite to the other indicators, the 0% indicating overbought and
100% - the oversold stocks. W%R measures the closing price in relation to the recent
low/high range. A bullish signal is generated when the W%R has reached 100,
five time bars have elapsed, and the W%R has subsequently fallen to 95. A
reverse signal is considered as bearish. For the sake of simplicity, the W%R
closed above 10% is considered bearish and below 90% - bullish. In trending
markets, the W%R stays at one end of the scale and gives false signals to
trade against the trend. That is why W%R is not considered a stand-along
technique, and it is essential to use it with some sort of trend formation
indicators. The divergence between price and W%R rarely occurs and presents an
important buy/sell signal. As our research shows, the W%R move to upper or lower
bounds can be used as an earliest signal of an impending reversal. Using the Williams %R bullish divergence/bearish divergence, chart patterns, trendlines, support, and resistance lines along with the W%R chart can be very useful.
|
|
|
|
|
|
Advanced TA SearchArchive - 4/19/2024 - 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 a first positive week for the C.H. Robinson Worldwide (CHRW). During the week, the CHRW gained 0.74 points, or 1.05%, and closed at 71.22 on Friday, April 19, 2024. Weekly volume was 35% above average. CHRW is a member of Industrials Sector. Industrials is the second 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 August 25, 2022 at 121.23 and reached 65.00 on April 17, 2024. CHRW lost 56.23 points, or 46.38%, in 85 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend support line (95.75) is broken. Usually a broken support is considered to be a long-term bearish 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 support in a long-term trend. Medium-term trend: [See CHRW medium-term trend chart] A medium-term downtrend had started on January 3, 2024 at 89.71 and reached 65.00 on April 17, 2024. CHRW lost 24.71 points, or 27.54%, in 15 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level. Weekly Technical Indicators: [See CHRW weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since February 2, 2024. This is an indication that the medium-term trend is down. 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 March 13, 2024 at 77.42 and reached 65.00 on April 17, 2024. CHRW lost 12.42 points, or 16.04%, in 35 days. The price is now at the 50.08% retracement level. Daily Technical Indicators: [See CHRW daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since April 2, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. 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.
| |
|
|