|
|
Air Freight & Logistics Industry Stocks Technical Analysis - CHRWArchive - 5/29/2026 - 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 second positive week after 3 consecutive negative weeks for the C.H. Robinson Worldwide (CHRW). During the week, the CHRW gained 4.42 points, or 2.54%, and closed at 178.65 on Friday, May 29, 2026. Weekly volume was -13% below 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 Symmetric Triangle chart pattern. The uptrend resistance line (171.63) is broken. Usually a broken resistance is considered to be a long-term bullish 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 resistance 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 chart has formed a Descending Triangle chart pattern. The downtrend resistance line (150.56) 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 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 downtrend had started on March 4, 2026 at 194.54 and reached 150.40 on May 14, 2026. CHRW lost 44.14 points, or 22.69%, in 71 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 146.24 and resistance is at 187.61. 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 short-term trend.
Daily Technical Indicators: [See CHRW daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish 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 above its signal line since May 19, 2026. During the last week, the 20 Day Moving Average 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.
| |
|
|