CREDO TECHNOLOGY GROUP HOLDI (CRDO)

KYG254571055 - Common Stock

68.28  -2.41 (-3.41%)

Technical Rating and Analysis

10

Overall CRDO gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CRDO has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, CRDO did better than 99% of all other stocks.
CRDO is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry. CRDO outperforms 97% of them.
CRDO is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CRDO has a been trading in the 39.18 - 72.30 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CRDO has an average volume of 2745930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
CRDO Weekly chart
CRDO Daily chart
Setup Rating and Analysis

2

Although CRDO has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

41.40

71.41

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 43.24 to 43.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @41.82 from a trend line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 70.68 to 70.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.01
Mansfield12.71
10 Day High72.3
10 Day Low40.12
20 Day High72.3
20 Day Low39.18
52 Week High72.3
52 Week Low16.82
Performance
1 Week50.18%
2 Weeks74.11%
1 Month76.42%
3 Month189.95%
6 Month160.37%
12 Month288.19%
2 Year431.1%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)1.53
RSI(14)81.98
LBB32.43
UBB61.01
CRDO Daily chart

CREDO TECHNOLOGY GROUP HOLDI

NASDAQ:CRDO (12/4/2024, 1:35:04 PM)

68.28

-2.41 (-3.41%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-3.41%
1 Week50.18%
2 Weeks74.11%
1 Month76.42%
3 Month189.95%
6 Month160.37%
12 Month288.19%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.57
ATR(20)%5.69%
ATR Inc
Range Today7.67
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High72.3
10 Day Low40.12
20 Day High72.3
20 Day Low39.18
52 Week High72.3
52 Week Low16.82
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.18M
Volume Incr145.26%
Vol(5)6.37M
Vol(50)2.75M