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
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

C.H. Robinson Worldwide stock upgraded from Buy Candidate to Strong Buy Candidate after Monday trading session.
(Updated on Jul 22, 2024)

Buy candidate since Jul 11, 2024 Gain 4.42% PDF

The C.H. Robinson Worldwide stock price gained 1.50% on the last trading day (Monday, 22nd Jul 2024), rising from $88.86 to $90.19. During the last trading day the stock fluctuated 1.81% from a day low at $89.74 to a day high of $91.36. The price has risen in 7 of the last 10 days and is up by 4.12% 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, 250 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $132.02 million.

The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 17.39% during the next 3 months and, with a 90% probability hold a price between $102.46 and $111.21 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

CHRW Signals & Forecast

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 $88.14 and $86.93. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, July 10, 2024, and so far it has risen 5.56%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

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

C.H. Robinson Worldwide finds support from accumulated volume at $86.79 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.62 between high and low, or 1.81%. For the last week the stock has had daily average volatility of 2.44%.

Our recommended stop-loss: $85.23 (-5.50%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 18 days ago.)

Trading Expectations (CHRW) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect C.H. Robinson Worldwide to open at $90.43, and during the day (based on 14 day Average True Range), to move between $88.20 and $92.18, which gives a possible trading interval of +/-$1.99 (+/-2.20%) 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 4.41% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $86.79, some $3.40 (3.77%) from the current price of $90.19, our system finds the risk reward attractive.

Is C.H. Robinson Worldwide stock A Buy?

C.H. Robinson Worldwide holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 6.486 Strong Buy Candidate Upgraded

Predicted Opening Price for C.H. Robinson Worldwide of Tuesday, July 23, 2024

Fair opening price July 23, 2024 Current price
$90.43 ( 0.266%) $90.19

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
R3 92.05 2.06%
R2 91.43 1.38%
R1 91.05 0.95%
Price 90.19
S1 89.81 -0.420%
S2 89.43 -0.84%
S3 88.81 -1.53%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0 -
R1 0 -
Price 90.19
S1 86.79 -3.77%
S2 86.37 -4.24%
S3 80.93 -10.27%

CHRW Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 09, 2024 Jun 07, 2024 Jul 01, 2024 $0.610 0.703%
2 Feb 07, 2024 Feb 29, 2024 Apr 01, 2024 $0.610 0.83%
3 Nov 16, 2023 Nov 30, 2023 Jan 02, 2024 $0.610 0.700%
4 Aug 10, 2023 Aug 31, 2023 Oct 02, 2023 $0.610 0.712%
5 May 04, 2023 Jun 01, 2023 Jul 03, 2023 $0.610 0.639%

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?
C.H. Robinson Worldwide holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong 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 Jul 22, 2024, the price of an C.H. Robinson Worldwide (CHRW) share was $90.19.

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 $100.88 and the 52-week low is $65.00.

What is the market capitalization of C.H. Robinson Worldwide Stock?
As of the Jul 22, 2024, the market capitalization of C.H. Robinson Worldwide is 10.405B.

When is the next earnings date for C.H. Robinson Worldwide?
The upcoming earnings date for C.H. Robinson Worldwide is Jul 31, 2024.
Click to get the best stock tips daily for free!

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

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT