CREDO TECHNOLOGY GROUP HOLDI (CRDO)
KYG254571055 - Common Stock
We assign a technical rating of 10 out of 10 to CRDO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CRDO is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CRDO did better than 98% of all other stocks. On top of that, CRDO also shows a nice and consistent pattern of rising prices.
CRDO is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry. CRDO outperforms 96% of them.
CRDO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CRDO is performing more or less in line with the market.
CRDO has an average volume of 3734900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CRDO has a been trading in the 63.12 - 78.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CRDO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 71.78, a Stop Loss order could be placed below this zone.
More info and screens
50.32
78.02
When analyzing the support we can see 3 important areas.
- A support zone ranging from 70.78 to 71.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @67.21 from a horizontal line in the daily time frame.
- Support @50.83 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @77.25 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.55
Mansfield10.86
10 Day High78.8
10 Day Low65.53
20 Day High78.97
20 Day Low63.12
52 Week High78.97
52 Week Low16.82
Performance
1 Week8.64%
2 Weeks5.95%
1 Month8.94%
3 Month90.85%
6 Month136.54%
12 Month286.35%
2 Year321.35%
3 Year502.48%
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)-0.48
RSI(14)59.33
LBB64.73
UBB76.49
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 77.26 | 70.77 | 6.49 (8.40%) | 11.90% |
| An entry @77.26. This is a Buy Stop order right above the resistance zone. | An exit @70.77. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 6.49 points, which is 8.40%. | For a 1.00% total portfolio risk, you can invest 11.90% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CRDO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CREDO TECHNOLOGY GROUP HOLDI
NASDAQ:CRDO (1/8/2025, 8:00:00 PM)
After market: 73.1 +0.08 (+0.11%)73.02
-2.26 (-3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-3%
1 Week8.64%
2 Weeks5.95%
1 Month8.94%
3 Month90.85%
6 Month136.54%
12 Month286.35%
2 Year321.35%
3 Year502.48%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.58
ATR(20)%6.63%
ATR Inc21.22%
Range Today4.63
ADR(20)4.5
ADR(20)%6.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.55
Mansfield10.86
10 Day High78.8
10 Day Low65.53
20 Day High78.97
20 Day Low63.12
52 Week High78.97
52 Week Low16.82
CS1 End71.78
CR1 Start77.25
Volume & EV
DER(3)-0.93%
DER(5)0.77%
Volume3.72M
Volume Incr-14.36%
Vol(5)4.15M
Vol(50)3.73M