Technical Analysis for CREE - Cree, Inc.

Grade Last Price % Change Price Change
grade A 73.34 0.53% 0.39
CREE closed up 0.53 percent on Thursday, August 6, 2020, on 67 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. The bulls were able to push the stock to a new 52-week high. 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.
Earnings due: Aug 18
*** please verify all earnings dates ***

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical CREE trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
New 52 Week High Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
New 52 Week Closing High Bullish 0.53%
New 52 Week High Strength 0.53%
Overbought Stochastic Strength 0.53%

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Cree, Inc. develops and manufactures lighting-class light emitting diode (LED) products, lighting products, and semiconductor products for power and radio-frequency (RF) applications. Its LED products include blue and green LED chips that are used in various applications, including video screens, gaming displays, function indicator lights, and automotive backlighting; LED components comprising lighting class packaged LED products for lighting applications, and surface mount and through-hole packaged LED products for video, signage, general illumination, transportation, gaming, and specialty lighting applications; and silicon carbide (SiC) wafers, which are used in the manufacture of optoelectronics, RF, and power switching applications. The company also offers LED and traditional lighting systems for indoor and outdoor applications. Its power and radio frequency (RF) products include SiC-based power products comprising Schottky diodes, as well as SiC metal semiconductor field-effect transistors that are used in power factor correction circuits for power supplies in computer servers, solar inverters, and other applications; and RF devices, including a range of GaN high electron mobility transistors and monolithic microwave integrated circuits (MMICs) for military or commercial applications. The company also provides semiconductor materials and devices primarily based on silicon carbide (SiC), gallium nitride (GaN), and related compounds; and foundry services for wide bandgap MMICs that allow customers to design their own custom RF circuits. The company primarily operates in China, the United States, Europe, South Korea, Japan, Malaysia, and Taiwan. Cree, Inc. was founded in 1987 and is headquartered in Durham, North Carolina.
Chemistry Transportation Semiconductor Materials Integrated Circuits Radio Frequency Microwave Semiconductor Devices Light Emitting Diode Optoelectronics Semiconductor Products Electrical Components Power Products Transistor Gallium Nitride

Is CREE a Buy, Sell or Hold?

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


Indicator Value
52 Week High 73.46
52 Week Low 27.77
Average Volume 1,209,188
200-Day Moving Average 49.04
50-Day Moving Average 62.30
20-Day Moving Average 67.66
10-Day Moving Average 69.88
Average True Range 2.10
ADX 35.81
+DI 32.04
-DI 11.68
Chandelier Exit (Long, 3 ATRs ) 67.15
Chandelier Exit (Short, 3 ATRs ) 65.18
Upper Bollinger Band 73.81
Lower Bollinger Band 61.50
Percent B (%b) 0.96
BandWidth 18.19
MACD Line 3.17
MACD Signal Line 2.85
MACD Histogram 0.315
Fundamentals Value
Market Cap 7.17 Billion
Num Shares 97.7 Million
EPS -1.22
Price-to-Earnings (P/E) Ratio -60.11
Price-to-Sales 2.20
Price-to-Book 1.45
PEG Ratio 9.14
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 74.75
Resistance 3 (R3) 74.63 74.05 74.51
Resistance 2 (R2) 74.05 73.69 74.10 74.44
Resistance 1 (R1) 73.69 73.47 73.87 73.81 74.36
Pivot Point 73.11 73.11 73.20 73.17 73.11
Support 1 (S1) 72.75 72.75 72.93 72.87 72.32
Support 2 (S2) 72.17 72.53 72.23 72.24
Support 3 (S3) 71.82 72.17 72.17
Support 4 (S4) 71.93