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Air Freight & Logistics Industry Stocks Technical Analysis - CHRWArchive
- 3/21/2025 -
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C.H. Robinson Worldwide (CHRW) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a first positive week for the C.H. Robinson Worldwide (CHRW). During the week, the CHRW gained 1.57 points, or 1.60%, and closed at 99.95 on Friday, March 21, 2025. Weekly volume was 75% above average.
 Long-term trend: [See CHRW long-term trend chart]
A long-term downtrend had started on December 13, 2024 at 114.80 and reached 95.08 on March 12, 2025. CHRW lost 19.72 points, or 17.18%, in 12 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 87.27 and resistance is at 103.87. 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 downtrend had started on March 10, 2025 at 105.27 and reached 95.08 on March 12, 2025. CHRW lost 10.19 points, or 9.68%, in 0 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (97.51) is broken. A broken support is considered to be a long-term bullish signal. 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 medium-term trend.
 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 November 22, 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 uptrend had started on March 12, 2025 at 95.08 and reached 101.32 on March 17, 2025. CHRW gained -6.24 points, or -6.56%, in 5 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 MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has moved above 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.
Price is close to the 50 Day Moving Average. 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.
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