CRH PLC (CRH) Technical Analysis
NYSE:CRH • IE0001827041
Current stock price
CRH Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to CRH. CRH has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- CRH is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- CRH has an average volume of 5344410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, CRH outperforms 55% of them, which is more or less in line with the market.
- CRH is part of the Construction Materials industry. There are 13 other stocks in this industry, CRH did better than 66% of them.
- CRH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CRH is lagging the market.
CRH Weekly and Daily overview Charts
CRH Setup Rating and Analysis
CRH has an average technical rating and also the quality of the setup is only medium 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.
More info and screens
CRH Support and Resistance Analysis
90.30
We found 5 important support areas.
- A support zone ranging from 116.72 to 117.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 113.44 to 114.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @102.53 from a trend line in the weekly time frame.
- Support @100.73 from a trend line in the daily time frame.
- Support @91.21 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @121.14 from a horizontal line in the daily time frame.
- Resistance @128.94 from a horizontal line in the daily time frame.
- A resistance zone ranging from 131.38 to 131.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
CRH Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for CRH is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CRH is up. |
| ChartMill Relative Strength | 55.4 | NEUTRAL | CRH is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of CRH is above a declining 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) | 59.18 | NEUTRAL | The RSI value for CRH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CRH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.93 | NEUTRAL | The Stochastics value for CRH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.98 | MEDIUM VOLATILITY | The ATR as a percentage value for CRH suggests some volalility. |
| Average Directional Index/ADX (14) | 20.03 | NEUTRAL | The ADX value for CRH suggests a possible start of a new trend. |
CRH Chart- and CandleStick Pattern Analysis
CRH Technicals: Chart, Performance Metrics, Trend & Indicators
118.42
+4.98 (+4.39%)
CRH PLC / CRH TA FAQ
What is the ChartMill technical rating of CRH PLC (CRH) stock?
ChartMill assigns a technical rating of 4 / 10 to CRH.
What is the current trend direction of CRH PLC (CRH) stock?
The current trend direction for CRH PLC (CRH) is Bearish.
What is the RSI signal for CRH stock?
CRH PLC (CRH) has an RSI value of 59.1754. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CRH PLC?
The MACD indicator for CRH PLC (CRH) has a value of -0.00833378, indicating a bearish trend.
What is the short term momentum for CRH PLC (CRH) stock?
The short term momentum for CRH PLC (CRH) is positive.