Technical Analysis for CRDO - Credo Technology Group Holding Ltd
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| F | 17.78 | 1.08% | 0.19 |
CRDO closed up 1.08 percent on Wednesday, April 24, 2024, on 57 percent of normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Down | Down | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| 200 DMA Resistance | Bearish | 0.00% | |
| Non-ADX 1,2,3,4 Bearish | Bearish Swing Setup | 0.00% | |
| Wide Bands | Range Expansion | 0.00% | |
| Gapped Up | Strength | 0.00% | |
| Up 3 Days in a Row | Strength | 0.00% | |
| Oversold Stochastic | Weakness | 0.00% | |
| Lower Bollinger Band Walk | Weakness | 1.08% | |
| Wide Bands | Range Expansion | 1.08% | |
| Oversold Stochastic | Weakness | 1.08% | |
| Stochastic Buy Signal | Bullish | 2.66% |
| Alert | Time |
|---|---|
| 60 Minute Opening Range Breakdown | about 18 hours ago |
| 200 DMA Resistance | about 19 hours ago |
| Rose Above Previous Day's High | about 20 hours ago |
| Rose Above 200 DMA | about 20 hours ago |
| Up 3% | about 20 hours ago |
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Basic chart:
- Earnings date: 05/29/2024
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.
Sector: Technology
Industry: Communication Equipment
Keywords: Computing Ethernet 5g
Classification
Sector: Technology
Industry: Communication Equipment
Keywords: Computing Ethernet 5g
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 23.9 |
| 52 Week Low | 7.195 |
| Average Volume | 2,081,140 |
| 200-Day Moving Average | 18.11 |
| 50-Day Moving Average | 21.01 |
| 20-Day Moving Average | 20.25 |
| 10-Day Moving Average | 18.95 |
| Average True Range | 1.09 |
| RSI (14) | 37.11 |
| ADX | 18.75 |
| +DI | 22.26 |
| -DI | 28.59 |
| Chandelier Exit (Long, 3 ATRs) | 19.78 |
| Chandelier Exit (Short, 3 ATRs) | 20.08 |
| Upper Bollinger Bands | 23.98 |
| Lower Bollinger Band | 16.51 |
| Percent B (%b) | 0.17 |
| BandWidth | 36.88 |
| MACD Line | -1.01 |
| MACD Signal Line | -0.61 |
| MACD Histogram | -0.3984 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 19.21 | ||||
| Resistance 3 (R3) | 19.26 | 18.84 | 18.97 | ||
| Resistance 2 (R2) | 18.84 | 18.48 | 18.81 | 18.89 | |
| Resistance 1 (R1) | 18.31 | 18.25 | 18.10 | 18.26 | 18.81 |
| Pivot Point | 17.89 | 17.89 | 17.79 | 17.86 | 17.89 |
| Support 1 (S1) | 17.36 | 17.53 | 17.15 | 17.31 | 16.75 |
| Support 2 (S2) | 16.94 | 17.30 | 16.91 | 16.67 | |
| Support 3 (S3) | 16.41 | 16.94 | 16.59 | ||
| Support 4 (S4) | 16.36 |
