Technical Analysis for CRDO - Credo Technology Group Holding Ltd

Grade Last Price % Change Price Change
C 9.8 -3.26% -0.33
CRDO closed down 3.26 percent on Monday, May 16, 2022, on 27 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
Earnings due: Jun 1
*** please verify all earnings dates ***

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong N/A Down Down

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Multiple of Ten Bearish Other 0.00%
Inside Day Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Slingshot Bearish Bearish Swing Setup -3.26%
Lower Bollinger Band Walk Weakness -3.26%
Multiple of Ten Bullish Other -3.26%
Wide Bands Range Expansion -3.26%
Oversold Stochastic Weakness -3.26%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Possible NR7 about 6 hours ago
Possible Inside Day about 6 hours ago
Down 3% about 9 hours ago
60 Minute Opening Range Breakdown about 9 hours ago
Down 2 % about 10 hours ago

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Profile

Credo is a leading provider of high-performance serial connectivity solutions for the hyperscale datacenter, 5G carrier, enterprise networking, artificial intelligence, and high-performance computing markets. Credo's solutions deliver the bandwidth, scalability, and end-to-end signal integrity for next-generation platforms requiring 25G, 50G, and 100G signal lane-rate connectivity for 100G, 200G, 400G, and 800G port-enabled networks.
Classification

Sector: Technology
Industry: Communication Equipment
Keywords: Computing Ethernet 5g Hyperscale Computing 100 Gigabit Ethernet

Is CRDO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 17.9976
52 Week Low 8.61
Average Volume 738,103
200-Day Moving Average 0.00
50-Day Moving Average 12.76
20-Day Moving Average 10.73
10-Day Moving Average 10.22
Average True Range 0.77
RSI 37.89
ADX 41.19
+DI 14.18
-DI 29.03
Chandelier Exit (Long, 3 ATRs) 9.97
Chandelier Exit (Short, 3 ATRs) 10.92
Upper Bollinger Bands 12.40
Lower Bollinger Band 9.07
Percent B (%b) 0.22
BandWidth 31.06
MACD Line -0.88
MACD Signal Line -0.85
MACD Histogram -0.0276
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.36
Resistance 3 (R3) 10.41 10.27 10.26
Resistance 2 (R2) 10.27 10.13 10.25 10.23
Resistance 1 (R1) 10.04 10.04 9.97 9.99 10.20
Pivot Point 9.90 9.90 9.87 9.88 9.90
Support 1 (S1) 9.67 9.76 9.60 9.62 9.40
Support 2 (S2) 9.53 9.67 9.51 9.37
Support 3 (S3) 9.30 9.53 9.34
Support 4 (S4) 9.25