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Home / Support and Resistance / Croda International (CRDA.L) 26-11-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Croda International (CRDA.L) 26-11-19

Croda International (CRDA.L): will shares break the resistance level, or fall back to the 4564p support? (-7%)?

 

  • Current price is 4948p (at time of writing).
  • The resistance line has been robust.
  • The shares have tested this level on numerous occasions, but be mindful of stop-loss placement.
  • Will the share price rebound downwards once again to support at 4564p? (-7%).
  • Technical traders should be mindful of news and developments. Check our website and the press for updates.
  • Shares -7% from 12-month highs; +8% from 12 month lows.

Latest News

18 Nov:  Liberum Capital has downgraded its rating on Croda International (CRDA) to hold (from buy) and reduced the target price to 4400p  (from 4500p).

08 Nov:  Jez Maiden, Financial Director, exercised 341 shares in the firm on the 8th November 2019 at a price of 2639p. This Director currently has 27,925 shares.

03 Sep:  Goldman Sachs has downgraded its rating on Croda International (CRDA) to sell (from neutral).

01 Aug:  Berenberg reiterates its buy rating on Croda International (CRDA) and reduced the target price to 5100p (from 5300p).

29 Jul:  Deutsche Bank reiterates its hold rating on Croda International (CRDA) and reduced the target price to 4700p (from 4800p).

26 Jul:  Liberum Capital has upgraded its rating on Croda International (CRDA) to buy (from hold).

25 Jul:  UBS reiterates its neutral rating on Croda International (CRDA) and reduced the target price to 5100p (from 5500p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

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