Auto-detected technical analysis for CHRW · data as of Aug 4, 2026. The chart above is live; the read below updates daily.
CHRW is currently forming a bullish pennant on the daily timeframe. Detected Aug 4, 2026.
A bullish pennant is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $243.01 (+29.7%). Across 2,605 backtested bullish pennants, the setup followed through 57.4% of the time, averaging +0.99R; CHRW's own bullish pennants have hit 50.0%.
New to this pattern? What a bullish pennant is and how to trade it →
CHRW's most recent completed bullish pennant resolved as a loss: it broke higher on Jul 14, 2026 near $199.20, then was stopped out at $174.46 on Jul 27, 2026 — a -1.06R move (12.4%) over 9 sessions. Across 130 backtested bullish pennants, this setup wins 49.2% of the time.
Historical pattern statistics (2006-08-15 – 2026-08-04), not a prediction.
Every completed pattern trade our nightly backtest found on CHRW's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Bullish Pennant | Jul 14, 2026 @ $199.20 | Jul 27, 2026 @ $174.46 | Loss | -1.06R |
| Bullish Pennant | Apr 14, 2026 @ $168.51 | May 14, 2026 @ $159.78 | Loss | -1.02R |
| Triangle | Mar 2, 2026 @ $185.56 | Mar 12, 2026 @ $171.86 | Loss | -1.06R |
| Rising Wedge | Jan 12, 2026 @ $171.36 | Feb 11, 2026 @ $196.33 | Win | +2.20R |
| Falling Wedge | Apr 3, 2025 @ $95.54 | Jul 24, 2025 @ $103.17 | Loss | -1.02R |
| Falling Wedge | Jan 14, 2025 @ $103.81 | Jan 30, 2025 @ $100.44 | Loss | -1.17R |
| Triangle | Dec 19, 2024 @ $105.97 | Feb 7, 2025 @ $96.12 | Win | +1.11R |
| Rising Wedge | Oct 18, 2024 @ $110.02 | Oct 31, 2024 @ $104.01 | Win | +1.95R |
| Bullish Pennant | Sep 20, 2024 @ $104.20 | Dec 17, 2024 @ $108.88 | Win | +0.73R |
| Falling Wedge | Mar 4, 2024 @ $70.75 | Mar 12, 2024 @ $75.68 | Loss | -1.16R |
| Rising Wedge | Aug 8, 2023 @ $98.15 | Aug 31, 2023 @ $92.28 | Win | +2.58R |
| Falling Wedge | Jul 7, 2023 @ $95.24 | Sep 1, 2023 @ $88.35 | Loss | -1.36R |
Price was turned away at a ceiling near $217.45 about 2 weeks ago and has been sliding since. On the weekly chart, the next floor below sits near $85.30 — still about 45% away.
Nearest auto-detected support sits near $85.30, resistance near $198.75. These are chart/swing-derived levels, not formula pivots.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 4, 2026 | $148.34 | $155.21 | $147.21 | $154.75 |
| Aug 3, 2026 | $149.19 | $149.84 | $144.87 | $147.00 |
| Jul 31, 2026 | $145.00 | $151.23 | $143.46 | $147.73 |
| Jul 30, 2026 | $161.89 | $164.27 | $143.16 | $146.92 |
| Jul 29, 2026 | $169.00 | $174.27 | $164.08 | $173.75 |
| Jul 28, 2026 | $171.71 | $172.82 | $168.38 | $169.34 |
| Jul 27, 2026 | $185.56 | $186.11 | $173.76 | $174.46 |
| Jul 24, 2026 | $191.81 | $194.87 | $186.14 | $186.51 |
| Jul 23, 2026 | $208.74 | $209.73 | $205.10 | $205.51 |
| Jul 22, 2026 | $210.33 | $210.33 | $206.24 | $207.35 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.