RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CHRW
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Stronger technical forecast for C.H. Robinson Worldwide stock price after Thursday trading.
(Updated on Mar 28, 2024)

Buy candidate since Mar 28, 2024 PDF

The C.H. Robinson Worldwide stock price gained 2.45% on the last trading day (Thursday, 28th Mar 2024), rising from $74.32 to $76.14. During the last trading day the stock fluctuated 2.16% from a day low at $74.66 to a day high of $76.27. The price has risen in 6 of the last 10 days and is up by 1.66% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 513 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $106.57 million.

Given the current short-term trend, the stock is expected to fall -18.64% during the next 3 months and, with a 90% probability hold a price between $52.71 and $61.95 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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CHRW Signals & Forecast

Mostly positive signals in the chart today. The C.H. Robinson Worldwide stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $74.41 and $73.73. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, March 05, 2024, and so far it has risen 9.32%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for C.H. Robinson Worldwide stock

C.H. Robinson Worldwide finds support from accumulated volume at $74.13 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.62 (2.16%) between high and low. For the last week, the stock has had daily average volatility of 2.23%.

Our recommended stop-loss: $72.23 (-5.14%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 17 days ago.)

Trading Expectations (CHRW) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect C.H. Robinson Worldwide to open at $75.69, and during the day (based on 14 day Average True Range), to move between $74.37 and $77.91, which gives a possible trading interval of +/-$1.77 (+/-2.33%) up or down from last closing price. If C.H. Robinson Worldwide takes out the full calculated possible swing range there will be an estimated 4.66% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $74.13 (2.64%) than the resistance at $84.09 (10.44%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is C.H. Robinson Worldwide stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 2.416 Buy Candidate Upgraded

Predicted Opening Price for C.H. Robinson Worldwide of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$75.69 ( 0.593%) $76.14

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CHRW

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 77.30 1.53 %
R2 76.69 0.718 %
R1 76.31 0.217 %
Current price: 76.14
Support S1 75.07 -1.40 %
S2 74.69 -1.90 %
S3 74.07 -2.71 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 87.34 14.71 %
R2 87.13 14.43 %
R1 84.09 10.44 %
Current price 76.14
Support S1 74.13 -2.64%
S2 73.94 -2.89%
S3 73.50 -3.47%

CHRW Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 07, 2024 Feb 29, 2024 Apr 01, 2024 $0.610 0.80%
2 Nov 16, 2023 Nov 30, 2023 Jan 02, 2024 $0.610 0.700%
3 Aug 10, 2023 Aug 31, 2023 Oct 02, 2023 $0.610 0.712%
4 May 04, 2023 Jun 01, 2023 Jul 03, 2023 $0.610 0.639%
5 Feb 09, 2023 Mar 02, 2023 Apr 03, 2023 $0.610 0.629%

FAQ

What is the symbol for C.H. Robinson Worldwide Stock and on which exchange is it traded?
The symbol for C.H. Robinson Worldwide is CHRW and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell C.H. Robinson Worldwide Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy C.H. Robinson Worldwide Stock?
C.H. Robinson Worldwide Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy C.H. Robinson Worldwide Stock.

What's the current price of C.H. Robinson Worldwide Stock?
As of the end of day on the 2024-03-28, the price of an C.H. Robinson Worldwide (CHRW) share was $76.14.

What is the 52-week high and low for C.H. Robinson Worldwide Stock?
The 52-week high for C.H. Robinson Worldwide Stock is $106.14 and the 52-week low is $69.12.

What is the market capitalization of C.H. Robinson Worldwide Stock?
As of the 2024-03-28, the market capitalization of C.H. Robinson Worldwide is 8.9B.

When is the next earnings date for C.H. Robinson Worldwide?
The upcoming earnings date for C.H. Robinson Worldwide is Apr 24, 2024.
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About C.H. Robinson Worldwide

C.H. Robinson Worldwide C.H. Robinson Worldwide, Inc., together with its subsidiaries, provides freight transportation services and logistics solutions to companies in various industries worldwide. The company operates in two segments, North American Surface Transportation and Global Forwarding. It offers transportation and logistics services, such as truckload; less than truckload transportation brokerage services, which include the shipment of single or multiple palle... CHRW Profile

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