CHRW closes within previous day's range after lackluster session

C.H. Robinson Worldwide Inc. (CHRW) Technical Analysis Report for Aug 10, 2018 | by Techniquant Editorial Team


CHRW closes within previous day's range after lackluster session


CHRW finished the week -0.93% lower at 94.90 after gaining $0.15 (0.16%) today. Closing within the previous day's range, prices failed to decisively move beyond the prior day's trading range in a lackluster session.

Daily Candlestick Chart (CHRW as at Aug 10, 2018):

Daily technical analysis candlestick chart for C.H. Robinson Worldwide Inc. (CHRW) as at Aug 10, 2018

Friday's trading range was $1.03 (1.09%), that's far below last trading month's daily average range of $1.82. Things look different on a weekly scale, where volatility is below the markets average with the monthly volatility being slightly above average.

Prices are trading close to a key support level at 93.94.

The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.

Selling could accelerate should prices move below the nearby swing low at 93.94 where further sell stops might get triggered.

Market Conditions for CHRW as at Aug 10, 2018

Loading Market Conditions for CHRW (C.H. Robinson Worldwide Inc.)...
Latest Report:

CHRW closes within previous day's range

Mar 18, 2019
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when C.H. Robinson Worldwide Inc. traded like this in the past. See the odds for each technical pattern with expected gain and loss.

Find out more
Top Movers
You have free reports remaining. Subscribe for unlimited access...SUBSCRIBELOGINGO!