Charles River Laboratories International (CRL) Technical Analysis

Charles River Laboratories International Inc (CRL) is a leading provider of laboratory services and products to the pharmaceutical, biotechnology, and medical device industries. As such, technical analysis plays a crucial role in evaluating the stock's performance and projecting future trends. By examining various technical indicators, investors can gain valuable insights into the stock's price movements and make informed trading decisions.

One commonly used technical indicator is the Relative Strength Index (RSI), which measures the stock's overbought or oversold conditions. A high RSI value indicates that the stock may be overbought and due for a correction, while a low RSI value suggests that the stock may be oversold and poised for a rebound. Traders often use the RSI to identify potential entry or exit points for CRL stock.