Clean Harbors (CLH) Shares are Up 2.83%

Clean Harbors (CLH) : Traders are bullish on Clean Harbors (CLH) as it has outperformed the S&P 500 by a wide margin of 1.26% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.66%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.83% in the last 1 week, and is up 0.71% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 2.39% and the 50-Day Moving Average is 1.69%.The 200 Day SMA reached 1.07%


Clean Harbors (NYSE:CLH): After opening at $48.09, the stock dipped to an intraday low of $47.5 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $48.45 and the buying power remained strong till the end. The stock closed at $47.98 for the day, a gain of 0.59% for the day session. The total traded volume was 585,494. The stocks close on the previous trading day was $47.98.

Clean Harbors (CLH) has been rated by 6 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $60 and the lowest price target forecast is $56. The average forecast of all the analysts is $58.17 and the expected standard deviation is $1.72.

Clean Harbors, Inc. is a provider of environmental, energy and industrial services throughout North America. The Company operates in six segments: Technical Services, which provides a range of hazardous material management services; Industrial and Field Services, which provides industrial and specialty services, such as high-pressure and chemical cleaning, catalyst handling, decoking,; Oil Re-refining and Recycling, which processes used oil into base and blended lubricating oils; SK Environmental Services, which consists of Safety-Kleens branches and provides a range of environmental services; Lodging Services, which provides lodges and remote workforce accommodation facilities, and Oil and Gas Field Services, which provides fluid handling, fluid hauling, production servicing, surface rentals, seismic services. The Company has a network of over 400 service locations across 48 states, eight Canadian provinces, Puerto Rico, Mexico and Trinidad.

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