Technical Analysis for CRDO - Credo Technology Group Holding Ltd

Grade Last Price % Change Price Change
B 16.48 2.62% 0.42
CRDO closed up 2.62 percent on Friday, June 9, 2023, on 1.34 times normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Very Strong Up Up Up

Date Alert Name Type % Chg
Calm After Storm Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Calm After Storm Range Contraction 2.62%
Wide Bands Range Expansion 2.62%
Overbought Stochastic Strength 2.62%
Calm After Storm Range Contraction 2.42%
Wide Bands Range Expansion 2.42%
Overbought Stochastic Strength 2.42%
Calm After Storm Range Contraction 4.57%

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

Alert Time
60 Minute Opening Range Breakdown about 11 hours ago
2x Volume Pace about 13 hours ago
1.5x Volume Pace about 13 hours ago
3x Volume Pace about 13 hours ago
Up 5% about 13 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

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 19.455
52 Week Low 7.195
Average Volume 1,877,284
200-Day Moving Average 12.26
50-Day Moving Average 10.17
20-Day Moving Average 12.73
10-Day Moving Average 15.42
Average True Range 0.97
RSI (14) 81.55
ADX 58.19
+DI 48.46
-DI 9.80
Chandelier Exit (Long, 3 ATRs) 14.23
Chandelier Exit (Short, 3 ATRs) 10.57
Upper Bollinger Bands 18.62
Lower Bollinger Band 6.85
Percent B (%b) 0.82
BandWidth 92.46
MACD Line 2.00
MACD Signal Line 1.66
MACD Histogram 0.3425
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 17.88
Resistance 3 (R3) 17.85 17.36 17.64
Resistance 2 (R2) 17.36 17.00 17.37 17.56
Resistance 1 (R1) 16.92 16.79 17.14 16.95 17.49
Pivot Point 16.43 16.43 16.54 16.44 16.43
Support 1 (S1) 15.99 16.07 16.21 16.02 15.47
Support 2 (S2) 15.50 15.86 15.51 15.40
Support 3 (S3) 15.06 15.50 15.32
Support 4 (S4) 15.09