AI CRH Forecast + Trading Strategies


Price Forecast:


Bearish<->Bullish


Bullish Case: CRH's recent volatility index suggests a recovery is plausible, alongside bullish sentiment from institutional buying and analyst upgrades. A significant decline in implied volatility can create profitable conditions for long positions.


Bearish Case: Market sentiment remains cautious with high put volume indicating potential bearish pressure. Continued flat price action amidst declining investor interest may signal a correction.


Potential Outcomes:

1) 40% chance of a bullish breakout as institutional buying increases.

2) 30% chance of stagnation if current uncertainty persists.

3) 30% chance of a bearish decline due to negative momentum.


Trading Oracle: Sign Up to access trading oracle trade ideas.


September 11, 2024










Correlated Assets

Assets that tend to move strongly with CRH



JEPI Forecast + Options Trading Strategies   JEPI  JPMorgan Equity Premium Income (0.95)


ITB Forecast + Options Trading Strategies   ITB  BTC iShares U.S. Home Construction (0.95)


XLI Forecast + Options Trading Strategies   XLI  Industrial Select Sector SPDR (0.95)


PNR Forecast + Options Trading Strategies   PNR  Pentair (0.95)


URI Forecast + Options Trading Strategies   URI  United Rentals (0.95)



Uncorrelated Assets

Assets with little price relationship to CRH



WSC Forecast + Options Trading Strategies   WSC  WillScot Mobile Mini (0.0)


URNM Forecast + Options Trading Strategies   URNM  North Shore Global Uranium Mining (-0.0)


MTCH Forecast + Options Trading Strategies   MTCH  Match (-0.01)


ARKG Forecast + Options Trading Strategies   ARKG  ARK Investment Management LLC - ARK Genomic Revolution (-0.01)


CLF Forecast + Options Trading Strategies   CLF  Cleveland-Cliffs (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against CRH



SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.84)


BOIL Forecast + Options Trading Strategies   BOIL  ProShares Ultra Bloomberg Natural Gas (-0.86)


HIBS Forecast + Options Trading Strategies   HIBS  Direxion Daily S&P 500 High Beta Bear 3X Shares (-0.87)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.89)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.89)





Become a more profitable investor with AI optimized trading strategies






×

Chat with CRH


 Ask any question about CRH!