CRH PLC (CRH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CRH - IE0001827041 - Common Stock
Taking everything into account, CRH scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, CRH has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that CRH is one of the better performing stocks in the market, outperforming 81% of all stocks.
- CRH is part of the Construction Materials industry. There are 13 other stocks in this industry. CRH outperforms 83% of them.
- CRH is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month CRH has a been trading in the 121.78 - 131.55 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- CRH has an average volume of 8365170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CRH has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 131.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 124.75, a Stop Loss order could be placed below this zone.
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87.56
When analyzing the support we can see 5 important areas.
- A support zone ranging from 120.81 to 124.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @118.75 from a trend line in the weekly time frame.
- Support @114.98 from a trend line in the daily time frame.
- 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 @88.44 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 131.39 to 131.39. 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 | 81.2 | POSITIVE | CRH has a high relative strength, it outperformed 81.2% 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) | 53.43 | NEUTRAL | The RSI value for CRH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests CRH has a negative trend. |
| Stochastics (14,3) | 84.61 | OVERBOUGHT | The high Stochastics value suggests CRH may be overbought. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for CRH suggests some volalility. |
| Average Directional Index/ADX (14) | 17.24 | NEGATIVE | The low ADX value for CRH suggests a weak or negative 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 |
|---|---|---|---|
| 131.40 | 121.77 | 9.63 (7.33%) | 13.64% |
| An entry @131.40. This is a Buy Stop order right above the resistance zone. | An exit @121.77. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 9.63 points, which is 7.33%. | When investing 13.64% 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.
127.38
-4 (-3.04%)
CRH PLC / CRH FAQ
What is the ChartMill technical rating of CRH PLC (CRH) stock?
ChartMill assigns a technical rating of 10 / 10 to CRH.
What is the current trend direction of CRH PLC (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 53.4284. This indicates that the stock is currently neutral.
What is the short term momentum for CRH PLC (CRH) stock?
The short term momentum for CRH PLC (CRH) is positive.
What is the buy/sell signal for CRH stock?
The buy/sell signal for CRH PLC (CRH) is buy as both the short term and long term trends are positive.