Technical Analysis for CREE - Cree, Inc.

Grade Last Price % Change Price Change
grade A 68.5 1.62% 1.09
CREE closed up 1.62 percent on Tuesday, April 23, 2019, on 1.35 times normal volume. 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: May 1

*** please verify all earnings dates ***

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Very Strong Up Up Up
See historical CREE trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
New 52 Week High Strength 0.00%
Overbought Stochastic Strength 0.00%
New 52 Week Closing High Bullish 1.62%
New 52 Week High Strength 1.62%
Overbought Stochastic Strength 1.62%
Slingshot Bullish Bullish Swing Setup 1.98%
New 52 Week High Strength 1.98%
Outside Day Range Expansion 1.98%

Older signals for CREE ...

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Profile
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 Electrical Components Semiconductor Products Power Products Transistor Foundry Services 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
Summary: Counts: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 68.74
52 Week Low 33.72
Average Volume 1,276,904
200-Day Moving Average 47.2098
50-Day Moving Average 57.4276
20-Day Moving Average 62.5185
10-Day Moving Average 65.676
Average True Range 1.5178
ADX 50.83
+DI 38.3758
-DI 8.4162
Chandelier Exit (Long, 3 ATRs ) 64.18659999999999
Chandelier Exit (Short, 3 ATRs ) 59.1334
Upper Bollinger Band 70.3633
Lower Bollinger Band 54.6737
Percent B (%b) 0.88
BandWidth 25.095932
MACD Line 3.1667
MACD Signal Line 2.8223
MACD Histogram 0.3444
Fundamentals Value
Market Cap 6.69 Billion
Num Shares 97.7 Million
EPS -1.22
Price-to-Earnings (P/E) Ratio -56.15
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) 71.08
Resistance 3 (R3) 70.87 69.81 70.65
Resistance 2 (R2) 69.81 69.15 69.91 70.51
Resistance 1 (R1) 69.15 68.74 69.48 69.36 70.36
Pivot Point 68.09 68.09 68.25 68.19 68.09
Support 1 (S1) 67.43 67.43 67.76 67.64 66.64
Support 2 (S2) 66.37 67.02 66.47 66.49
Support 3 (S3) 65.71 66.37 66.35
Support 4 (S4) 65.92