CRH PLC

- USD (-)

- 15 min delayed data - NYSE Stocks

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Change:	-
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High / Low range:	-

Type:	Stocks
Ticker:	CRH
ISIN:

CRH PLC - 1H - Technical analysis published on 12/05/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

39%

28%

33%

My opinion

Bullish above 61.48 USD

My targets

64.83 USD (+1.95%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CRH PLC as long as the price remains well above 61.48 USD. The buyers' bullish objective is set at 64.83 USD. A bullish break in this resistance would boost the bullish momentum. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

5.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

CRH PLC rating 63.59 USD. The price has increased by +1.00% since the last closing and was traded between 62.90 USD and 63.79 USD over the period. The price is currently at +1.10% from its lowest and -0.31% from its highest.

62.90

63.79

63.59

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by CRH PLC:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this 1H chart of CRH PLC indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	60.03	61.48	63.55	63.59	64.83
Change (%)	-5.60%	-3.32%	-0.06%	-	+1.95%
Change	-3.56	-2.11	-0.04	-	+1.24
Level	Major	Major	Minor	-	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	61.24	62.10	62.53	63.39	63.82	64.68	65.11
Camarilla	62.61	62.72	62.84	62.96	63.08	63.20	63.32
Woodie	61.03	61.99	62.32	63.28	63.61	64.57	64.90
Fibonacci	62.10	62.59	62.90	63.39	63.88	64.19	64.68

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	59.07	60.29	62.39	63.61	65.71	66.93	69.03
Camarilla	63.58	63.88	64.19	64.49	64.79	65.10	65.40
Woodie	59.51	60.51	62.83	63.83	66.15	67.15	69.47
Fibonacci	60.29	61.56	62.34	63.61	64.88	65.66	66.93

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	47.13	50.58	56.66	60.11	66.19	69.64	75.72
Camarilla	60.13	61.00	61.88	62.75	63.62	64.50	65.37
Woodie	48.46	51.24	57.99	60.77	67.52	70.30	77.05
Fibonacci	50.58	54.22	56.47	60.11	63.75	66.00	69.64

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	55.30
MACD (12,26,9):	0.1700
Directional Movement:	6.38
AROON (14):	-71.43
DEMA (21):	63.74
Parabolic SAR (0,02-0,02-0,2):	63.80
Elder Ray (13):	0.15
Super Trend (3,10):	64.41
Zig ZAG (10):	63.64
VORTEX (21):	1.0500
Stochastique (14,3,5):	42.15
TEMA (21):	63.54
Williams %R (14):	-56.85
Chande Momentum Oscillator (20):	-0.87
Repulse (5,40,3):	0.1900
ROCnROLL:	1
TRIX (15,9):	0.0600
Courbe Coppock:	1.85

MA7:	62.85
MA20:	60.83
MA50:	57.65
MA100:	57.29
MAexp7:	63.52
MAexp20:	63.45
MAexp50:	62.81
MAexp100:	61.67
Price / MA7:	+1.18%
Price / MA20:	+4.54%
Price / MA50:	+10.30%
Price / MA100:	+11.00%
Price / MAexp7:	+0.11%
Price / MAexp20:	+0.22%
Price / MAexp50:	+1.24%
Price / MAexp100:	+3.11%

Quotes : - 15 min delayed data - NYSE Stocks

News

The last news published on CRH PLC at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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