CHRW C.H. Robinson Worldwide Chart, History Price & Graph

Key Takeaways

• CHRW remains in a strong uptrend, trading above all major moving averages on daily charts.
• Relative Strength Index (RSI) at 54.33 indicates neutral momentum, avoiding overbought territory.
• MACD shows a buy signal at 0.11, supporting bullish price action.
• Key support near 182.34 (S1 pivot) and 175 (100-day MA); resistance at 184.55 (R1 pivot) and recent highs around 185-187.
• Recent breakout from a 17-month base signals potential for further upside.

Trend Analysis

The chart of C.H. Robinson Worldwide, Inc. (CHRW) displays a robust uptrend across multiple timeframes. On the daily chart, the stock has formed an inverted head-and-shoulders pattern, a bullish reversal formation that has propelled prices higher. Monthly performance reflects a 7.7% gain, while year-to-date returns stand at approximately 14%, underscoring sustained buying interest. Over the past six months, CHRW has rallied 44%, breaking out of prolonged consolidation and base structures. This price action suggests buyers are in control, with the stock distancing itself from 52-week lows near 86.58.

Moving Averages

All simple and exponential moving averages signal buy across key periods. The 5-day SMA sits at 183.31, 20-day at 183.18, 50-day at 182.95, 100-day at 175.28, and 200-day at 171.99. Price positioning above these levels confirms the uptrend's strength, with shorter-term averages providing dynamic support. The alignment of MAs in bullish order—rising and price-dominant—indicates low likelihood of near-term reversal absent significant selling volume.

Momentum Indicators

Momentum remains constructive. The RSI(14) at 54.33 reflects balanced conditions, neither overbought nor oversold, allowing room for continuation. MACD(12,26) at 0.11 with a buy signal points to accelerating bullish divergence. Stochastic %K (9,6) at 63.12 also buys, while Williams %R at -29.97 nears overbought but supports upside bias. Overall technical summary rates strong buy on daily timeframes.

Support and Resistance Levels

Pivot analysis highlights immediate support at 182.34 (S1), 181.45 (S2), and 180.13 (S3), aligning with short-term MAs. Resistance begins at 184.55 (R1), 185.87 (R2), and 186.76 (R3). Broader zones include 175 as put wall support and 195 as call wall resistance from options data. The 100-day MA at 175.28 acts as major support in any pullback, while 52-week highs near 203.34 loom as extended targets.

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Technical Outlook and Key Levels to Watch

Traders eye a hold above 182 support for uptrend continuation, with a break above 185 resistance potentially targeting 187-195 zones. A daily close below 182 could test 175 MA support. Monitor RSI for divergence, MACD histogram for momentum shifts, and volume on breakouts. The inverted head-and-shoulders completion keeps bullish bias intact, but consolidation near pivots warrants caution for liquidity grabs.

Disclaimer

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