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Downtrend Broken Resist.Archive
- 5/2/2025 -
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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 1.08 points, or 1.20%, and closed at 90.83 on Friday, May 2, 2025. It was the best weekly gain since March 28, 2025. Weekly volume was 45% above average.
 Long-term trend: [See CHRW long-term trend chart]
A long-term uptrend had started on April 17, 2024 at 65.00 and reached 114.80 on December 13, 2024. CHRW gained -49.80 points, or -76.62%, in 34 weeks. The price is now at the 48.13% retracement level.
 Medium-term trend: [See CHRW medium-term trend chart]
A medium-term downtrend had started on December 13, 2024 at 114.80 and reached 84.68 on April 9, 2025. CHRW lost 30.12 points, or 26.24%, in 16 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 88.05 and resistance is at 99.70. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern 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 November 22, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term downtrend is strong. 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 April 15, 2025 at 93.70 and reached 86.71 on April 30, 2025. CHRW lost 6.99 points, or 7.46%, in 15 days. The chart has formed a Broadening Descending Wedge chart pattern.
Daily Technical Indicators: [See CHRW daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since April 29, 2025. The distance between MACD and the signal line is low, but getting bigger.
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