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CREDO TECHNOLOGY GROUP HOLDI (CRDO) Stock Technical Analysis

NASDAQ:CRDO - Nasdaq - KYG254571055 - Common Stock - Currency: USD

71.28  -0.48 (-0.67%)

Premarket: 72.17 +0.89 (+1.25%)

Technical Rating and Analysis

9

Taking everything into account, CRDO scores 9 out of 10 in our technical rating. In the last year, CRDO was one of the better performers, but we do observe some doubts in the very recent evolution.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, CRDO did better than 98% of all other stocks. We also observe that the gains produced by CRDO over the past year are nicely spread over this period.
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 trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CRDO is lagging the market slightly.
CRDO has an average volume of 4801470 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 51.80 - 85.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CREDO TECHNOLOGY GROUP HOLDI / CRDO Weekly stock chart
CREDO TECHNOLOGY GROUP HOLDI / CRDO Daily stock chart
Setup Rating and Analysis

5

Besides having an excellent technical rating, CRDO also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 70.48, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

59.09

81.27

2 important support areas can be observed.

  • A support zone ranging from 70.02 to 70.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @59.69 from a trend line in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 73.84 to 74.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 79.64 to 80.47. 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
CRS98.21
Mansfield7
10 Day High83.43
10 Day Low64.93
20 Day High85.92
20 Day Low51.8
52 Week High86.69
52 Week Low16.82
Performance
1 Week-0.1%
2 Weeks-10.44%
1 Month-16.63%
3 Month55.5%
6 Month95.56%
12 Month215.4%
2 Year571.82%
3 Year321.78%
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)-0.47
RSI(14)48.8
LBB67.38
UBB80.62
CREDO TECHNOLOGY GROUP HOLDI / CRDO Daily stock chart

CREDO TECHNOLOGY GROUP HOLDI

NASDAQ:CRDO (2/20/2025, 8:08:31 PM)

Premarket: 72.17 +0.89 (+1.25%)

71.28

-0.48 (-0.67%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.67%
1 Week-0.1%
2 Weeks-10.44%
1 Month-16.63%
3 Month55.5%
6 Month95.56%
12 Month215.4%
2 Year571.82%
3 Year321.78%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.46
ATR(20)%10.08%
ATR Inc-8.49%
Range Today6.83
ADR(20)6.21
ADR(20)%8.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.21
Mansfield7
10 Day High83.43
10 Day Low64.93
20 Day High85.92
20 Day Low51.8
52 Week High86.69
52 Week Low16.82
CS1 End70.48
CR1 Start73.84
Volume & EV
DER(3)-0.6%
DER(5)-0.28%
Volume5.39M
Volume Incr-25.56%
Vol(5)4.43M
Vol(50)4.80M