Technical Analysis for CRDO - Credo Technology Group Holding Ltd

Grade Last Price % Change Price Change
B 31.22 -2.25% -0.72
CRDO closed down 2.25 percent on Monday, July 1, 2024, on 83 percent of 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.
2 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Slingshot Bullish Bullish Swing Setup 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
MACD Bullish Signal Line Cross Bullish -2.25%
New 52 Week Closing High Bullish -2.25%
Pocket Pivot Bullish Swing Setup -2.25%
New 52 Week High Strength -2.25%
Above Upper BB Strength -2.25%
Overbought Stochastic Strength -2.25%
Up 3 Days in a Row Strength -2.25%

   Recent Intraday Alerts

Alert Time
1.5x Volume Pace about 10 hours ago
Down 5% about 10 hours ago
Down 1 ATR about 10 hours ago
Gapped Down (Full) about 10 hours ago
Down 3% about 10 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 32.778
52 Week Low 13.38
Average Volume 2,231,012
200-Day Moving Average 19.76
50-Day Moving Average 22.63
20-Day Moving Average 28.40
10-Day Moving Average 29.47
Average True Range 1.43
RSI (14) 70.85
ADX 52.52
+DI 42.15
-DI 14.86
Chandelier Exit (Long, 3 ATRs) 28.49
Chandelier Exit (Short, 3 ATRs) 25.69
Upper Bollinger Bands 32.18
Lower Bollinger Band 24.62
Percent B (%b) 0.87
BandWidth 26.64
MACD Line 2.29
MACD Signal Line 2.23
MACD Histogram 0.0653
Fundamentals Value
Market Cap 5.03 Billion
Num Shares 161 Million
EPS -0.21
Price-to-Earnings (P/E) Ratio -148.67
Price-to-Sales 21.97
Price-to-Book 9.80
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 33.02
Resistance 3 (R3) 32.86 32.10 32.72
Resistance 2 (R2) 32.10 31.64 32.18 32.62
Resistance 1 (R1) 31.66 31.36 31.28 31.82 32.52
Pivot Point 30.90 30.90 30.71 30.98 30.90
Support 1 (S1) 30.46 30.44 30.08 30.62 29.92
Support 2 (S2) 29.70 30.16 29.78 29.82
Support 3 (S3) 29.26 29.70 29.72
Support 4 (S4) 29.42