NYSEARCA:CRED - NYSE Arca - US19761L1109 - ETF - Currency: USD
Taking everything into account, CRED scores 1 out of 10 in our technical rating. CRED has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, CRED does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 21.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.39, a Stop Loss order could be placed below this zone.
20.07
When analyzing the support we notice one important area.
We can see 4 important resistance areas.
NYSEARCA:CRED (4/28/2025, 8:04:02 PM)
21.1217
+0.1 (+0.46%)