The Greedy Trader Weekly Analysis
Sign In Apr 12, 2024
Skip Navigation Links
TA Search
Share
Weekly Price vs. Fibonacci:Near 23.6% retracement level
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Stock Market Trend Analysis and Technical Indicators Scanner.
technical analysis,screen stochastic,moving average trading system, trading indicator,technical analysis stock screen, macd convergence divergence, technical indicator macd,technical investment analysis,trading indicator,stochastics, bulls, bears, bullish, bearish, market, stock market
Stock market trading indicator and technical analysis stock screen presents technical stock market timing signals for technical investment analysis like screen stochastic or moving average trading system.. Screen includes following popular indicators and trading systems: Relative Strength Index (RSI), Williams' Percentage Range (W%R) and Lane's Stochastic (%D–Slow), moving average, macd convergence divergence, bullish and bearish divergence. For the best result different technical indicators should be analyzed in different time frames together with trend analysis, sector/industry ranking and stock timing alerts.

Advanced TA Search

Archive
- 4/5/2024 -
Sign In to see current Signals.

C.H. Robinson Worldwide (CHRW) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorBroken trend support line - Downtrend exhaustionWilliams' Percentage Range is oversold
Daily :Daily  MACD line has moved below its signal lineWilliams' Percentage Range and Lane's Stochastic are oversoldThe price has declined below the moving average in the center of the Bollinger Bands
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 dropped -4.96 points, or -6.51%, and closed at 71.18 on Friday, April 5, 2024. It was the worst weekly loss since February 2, 2024. Weekly volume was -14% 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 August 25, 2022 at 121.23 and reached 69.11 on March 5, 2024. CHRW lost 52.12 points, or 42.99%, in 79 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend support line (95.50) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. 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 69.11 on March 5, 2024. CHRW lost 20.60 points, or 22.96%, in 8 weeks. The price is now at the 10.05% retracement level.

Weekly Technical Indicators: [See CHRW weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. 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 Williams' Percentage Range help.

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 71.07 on April 5, 2024. CHRW lost 6.35 points, or 8.20%, in 23 days. Price is near the trend low.

Daily Technical Indicators: [See CHRW daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

During the last week, the price has declined below 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 38.94
Williams' Percentage Range (W%R) 97.30
Strong Oversold
Lane's Stochastic (%D-Slow) 7.38
Strong Oversold
Greed/Fear Indicator (GFI) 16.33
Oversold
Moving Average Converg./Diverg. (MACD) -0.59
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 27.37
Williams' Percentage Range (W%R) 89.70
Oversold
Lane's Stochastic (%D-Slow) 22.08
Greed/Fear Indicator (GFI) 23.16
Moving Average Converg./Diverg. (MACD) -3.79
Trading Signals
Description Value Chart
Yearly Trendline Resistance 84.49
Upper Bollinger Band 76.17
Parabolic System 74.81
50 Day Moving Average 74.81
20 Day Moving Average 73.79
Daily Stochastic Crossing 71.24
Weekly Stochastic Crossing 71.20
Price 71.18
Lower Bollinger Band 70.71
Sector and Industry
Description Name Rank
Sector Industrials 9
Industry Air Freight & Logistics 19
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 76.28
High Date 03/28/2024
Low 71.07
Low Date 04/05/2024
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 77.42
High Date 03/13/2024
Low 71.07
Low Date 04/05/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 89.71
High Date 01/03/2024
Low 69.11
Low Date 03/05/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 108.05
High Date 02/02/2023
Low 69.11
Low Date 03/05/2024
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Support
Resistance 84.49
Support 95.50
High 121.23
High Date 08/25/2022
Low 69.11
Low Date 03/05/2024
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.