CRH PLC - 1H - Technical analysis published on 12/05/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
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
0
10
5.4
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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:
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
S3
S2
S1
R1
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 :
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15 min delayed data
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NYSE Stocks
News
The last news published on CRH PLC at the time of the generation of this analysis was as follows:
- CRH Agrees $1.1bn Divestment of European Lime
- CRH PLC Announces Q3 Earnings Update
- CRH PLC - Transition to US Primary Listing Complete
- CRH Continues Share Buyback Programme
- CRH PLC Announces Results of Scheme Meeting and EGM
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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