CREDO TECHNOLOGY GROUP HOLDI (CRDO)

KYG254571055 - Common Stock

28.66  +1.61 (+5.95%)

Technical Rating and Analysis

5

Overall CRDO gets a technical rating of 5 out of 10. In the last year, CRDO was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

When comparing the yearly performance of all stocks, we notice that CRDO is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by CRDO over the past year are nicely spread over this period.
CRDO is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 92% of 108 stocks in the same industry.
CRDO has an average volume of 2407100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
CRDO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CRDO is lagging the market.
In the last month CRDO has a been trading in the 24.08 - 36.80 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
CRDO Weekly chart
CRDO Daily chart
Setup Rating and Analysis

4

CRDO has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

19.37

28.95

We found 5 important support areas.

  • A support zone ranging from 28.51 to 28.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 26.52 to 26.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 24.26 to 24.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @21.01 from a trend line in the weekly time frame.
  • Support @19.57 from a trend line in the weekly time frame.

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
CRS91.17
Mansfield0.97
10 Day High28.63
10 Day Low24.08
20 Day High36.8
20 Day Low24.08
52 Week High36.8
52 Week Low13.38
Performance
1 Week1.5%
2 Weeks-13.58%
1 Month-15.47%
3 Month-1.6%
6 Month23.01%
12 Month81.91%
2 Year145.91%
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)-0.38
RSI(14)42.95
LBB21.62
UBB35.27
CRDO Daily chart

CREDO TECHNOLOGY GROUP HOLDI

NASDAQ:CRDO (9/19/2024, 11:18:40 AM)

28.66

+1.61 (+5.95%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg5.95%
1 Week1.5%
2 Weeks-13.58%
1 Month-15.47%
3 Month-1.6%
6 Month23.01%
12 Month81.91%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.17
ATR(20)%8.17%
ATR Inc
Range Today1.1
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 High28.63
10 Day Low24.08
20 Day High36.8
20 Day Low24.08
52 Week High36.8
52 Week Low13.38
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume605.63K
Volume Incr-31.6%
Vol(5)2.13M
Vol(50)2.41M