CRH PLC (CRH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CRH - IE0001827041 - Common Stock
We assign a technical rating of 8 out of 10 to CRH. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CRH is only an average performer.
Although CRH has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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86.46
We found 3 important support areas.
- A support zone ranging from 112.63 to 114.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 108.37 to 110.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @87.33 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 120.17 to 121.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CRH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CRH is up. |
| ChartMill Relative Strength | 75.62 | POSITIVE | CRH has a high relative strength, it outperformed 75.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CRH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CRH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.66 | NEUTRAL | The RSI value for CRH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.01 | POSITIVE | The MACD value suggests CRH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92 | OVERBOUGHT | The high Stochastics value suggests CRH may be overbought. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for CRH suggests some volalility. |
| Average Directional Index/ADX (14) | 20.11 | NEUTRAL | The ADX value for CRH suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 121.37 | 107.59 | 13.78 (11.35%) | 8.81% |
| An entry @121.37. This is a Buy Stop order right above the resistance zone. | An exit @107.59. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 13.78 points, which is 11.35%. | When investing 8.81% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
119.49
-1.56 (-1.29%)
CRH PLC / CRH FAQ
What is the ChartMill technical rating of CRH PLC (CRH) stock?
ChartMill assigns a technical rating of 8 / 10 to CRH.
What is the trend direction for CRH stock?
The current trend direction for CRH PLC (CRH) is Bullish.
Can you provide the RSI signal for CRH PLC?
CRH PLC (CRH) has an RSI value of 58.656. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CRH PLC?
The short term momentum for CRH PLC (CRH) is positive.
Can you provide the buy/sell signal for CRH PLC?
The buy/sell signal for CRH PLC (CRH) is buy as both the short term and long term trends are positive.