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Air Freight & Logistics Industry Stocks Technical Analysis - CHRWArchive - 5/8/2026 - Sign In to see current Signals. |
C.H. Robinson Worldwide (CHRW) Technical Analysis
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| 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 dropped -5.91 points, or -3.33%, and closed at 171.39 on Friday, May 8, 2026. It was the worst weekly loss since March 27, 2026. Weekly volume was 37% above average.
Long-term trend: [See CHRW long-term trend chart] A long-term uptrend had started on April 9, 2025 at 84.68 and reached 203.34 on February 6, 2026. CHRW gained -118.66 points, or -140.13%, in 43 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (167.19) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend.
Medium-term trend: [See CHRW medium-term trend chart] A medium-term downtrend had started on February 6, 2026 at 203.34 and reached 149.36 on February 12, 2026. CHRW lost 53.98 points, or 26.55%, in 0 weeks. The price is now at the 40.81% retracement 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 March 6, 2026. 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 uptrend had started on February 12, 2026 at 149.36 and reached 194.54 on March 4, 2026. CHRW gained -45.18 points, or -30.25%, in 20 days. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 165.00 and resistance is at 189.22. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a short-term trend.
Daily Technical Indicators: [See CHRW daily technical indicators chart] Daily technical indicators are neutral. 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 crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
Candlestick pattern: [See CHRW candlestick chart pattern] On Friday the chart has formed a Bearish Advance Block Candlestick pattern. This pattern occurs in an uptrend; it is not a top reversal pattern, but it might precede a meaningful price decline. The reliability of the Bearish Advance Block pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bearish Advance Block Candlestick pattern during the last week.
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