Technical Analysis for CRDO - Credo Technology Group Holding Ltd

Grade Last Price % Change Price Change
C 28.58 0.25% 0.07
CRDO closed up 0.25 percent on Friday, July 26, 2024, on 50 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
4 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Down

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Stochastic Reached Oversold Weakness 0.00%
Inside Day Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
New Downtrend Bearish 0.25%
Calm After Storm Range Contraction 0.25%
Lower Bollinger Band Touch Weakness 0.25%
Calm After Storm Range Contraction -2.62%
Multiple of Ten Bearish Other -2.62%
Gapped Down Weakness -2.62%

   Recent Intraday Alerts

Alert Time
Lower Bollinger Band Support about 11 hours ago
60 Minute Opening Range Breakdown about 12 hours ago
Possible NR7 about 13 hours ago
Possible Inside Day about 13 hours ago
Up 2% about 17 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

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 33.96
52 Week Low 13.38
Average Volume 2,283,050
200-Day Moving Average 21.14
50-Day Moving Average 27.36
20-Day Moving Average 30.83
10-Day Moving Average 30.30
Average True Range 1.54
RSI (14) 45.36
ADX 29.79
+DI 21.87
-DI 23.30
Chandelier Exit (Long, 3 ATRs) 29.34
Chandelier Exit (Short, 3 ATRs) 32.24
Upper Bollinger Bands 33.53
Lower Bollinger Band 28.14
Percent B (%b) 0.08
BandWidth 17.49
MACD Line 0.34
MACD Signal Line 0.95
MACD Histogram -0.606
Fundamentals Value
Market Cap 4.61 Billion
Num Shares 161 Million
EPS -0.21
Price-to-Earnings (P/E) Ratio -136.10
Price-to-Sales 21.97
Price-to-Book 9.80
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 29.98
Resistance 3 (R3) 30.06 29.67 29.75
Resistance 2 (R2) 29.67 29.31 29.63 29.67
Resistance 1 (R1) 29.12 29.09 28.93 29.05 29.59
Pivot Point 28.73 28.73 28.63 28.69 28.73
Support 1 (S1) 28.19 28.37 27.99 28.11 27.57
Support 2 (S2) 27.80 28.15 27.76 27.49
Support 3 (S3) 27.25 27.80 27.41
Support 4 (S4) 27.18