Technical Analysis

Longer Term Trading Plans for CHRW

• NONE. Details

There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.
This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session.

• Short CHRW slightly under 169.59, target n/a, stop loss @ 170.08 Details

The technical summary data is suggesting a short of CHRW as it gets near 169.59, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary data tells us to have a stop loss in place at 170.08. 169.59 is the first level of resistance above 149.345, and by rule, any test of resistance is a short signal. In this case, if resistance 169.59 is being tested, so a short signal would exist.

Swing Trading Plans for CHRW

• Buy CHRW slightly over 169.59, target 192.66, Stop Loss @ 169.1 Details

If 169.59 begins to break higher, the technical summary data tells us to buy CHRW just over 169.59, with an upside target of 192.66. The data also tells us to set a stop loss @ 169.1 in case the stock turns against the trade. 169.59 is the first level of resistance above 149.345, and by rule, any break above resistance is a buy signal. In this case, 169.59, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short CHRW slightly near 169.59, target 145.6, Stop Loss @ 170.08. Details

The technical summary data is suggesting a short of CHRW if it tests 169.59 with a downside target of 145.6. We should have a stop loss in place at 170.08 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 169.59, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for CHRW

• Buy CHRW slightly over 155.1, target 169.59, Stop Loss @ 154.74 Details

If 155.1 begins to break higher, the technical summary data tells us to buy CHRW just over 155.1, with an upside target of 169.59. The data also tells us to set a stop loss @ 154.74 in case the stock turns against the trade. 155.1 is the first level of resistance above 149.345, and by rule, any break above resistance is a buy signal. In this case, 155.1, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short CHRW slightly near 155.1, target 149.09, Stop Loss @ 155.46. Details

The technical summary data is suggesting a short of CHRW if it tests 155.1 with a downside target of 149.09. We should have a stop loss in place at 155.46 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 155.1, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

CHRW Technical Summary | Raw Data for the Trading Plans