Ad is loading...
MENU

CRH Stock Tickeron detected bullish Stock Pattern: Broadening Bottom CRH on August 20, 2024, netting in a 17.73% gain over 1 month

A.I.dvisor
at Tickeron.com
Loading...
+17.73% Gain from a Successful pattern Broadening Bottom
CRH - CRH Public Limited
Tickeron
Ticker: CRH
Company: CRH Public
Gain: +17.73%
Confirmed: 08/20/24
Succeeded: 09/19/24
Total length: 48 days
On August 02, 2024, A.I.dvisor detected a Broadening Bottom Pattern (Bullish) for CRH Public Limited (CRH, $78.77). On August 20, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $91.97. 30 days later, on September 19, 2024, CRH reached the target price resulting in a +1 for traders who took a long position in the stock.

CRH in +0.55% Uptrend, growing for three consecutive days on November 20, 2024

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where CRH advanced for three days, in of 343 cases, the price rose further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Aroon Indicator entered an Uptrend today. In of 346 cases where CRH Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for CRH moved out of overbought territory on November 12, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 43 similar instances where the indicator moved out of overbought territory. In of the 43 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 64 cases where CRH's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for CRH turned negative on November 18, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CRH declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

CRH broke above its upper Bollinger Band on November 06, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 61, placing this stock better than average.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.801) is normal, around the industry mean (2.541). P/E Ratio (19.598) is within average values for comparable stocks, (23.889). Projected Growth (PEG Ratio) (1.656) is also within normal values, averaging (2.250). Dividend Yield (0.020) settles around the average of (0.041) among similar stocks. P/S Ratio (1.771) is also within normal values, averaging (1.776).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CRH’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

View a ticker or compare two or three
CRH
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a supplier of cement, ready-mix concrete and aggregates

Industry ConstructionMaterials

Profile
Fundamentals
Details
Industry
Construction Materials
Address
Stonemason’s Way
Phone
+353 14041000
Employees
75800
Web
https://www.crh.com