CREDO TECHNOLOGY GROUP HOLDI (CRDO) Stock Technical Analysis
USA - NASDAQ:CRDO - KYG254571055 - Common Stock
155.55 USD
+4.58 (+3.03%)
155.78 USD
+0.23 (+0.15%)
Overall CRDO gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CRDO has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, CRDO did better than 98% of all other stocks. On top of that, CRDO also shows a nice and consistent pattern of rising prices.
CRDO is part of the Semiconductors & Semiconductor Equipment industry. There are 112 other stocks in this industry. CRDO outperforms 93% of them.
CRDO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CRDO is lagging the market slightly.
In the last month CRDO has a been trading in the 128.80 - 163.51 range, which is quite wide. It is currently trading near the high of this range.
CRDO has an average volume of 5820510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Besides having an excellent technical rating, CRDO also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
133.43
157.11
2 important support areas can be observed.
- A support zone ranging from 141.44 to 144.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 134.78 to 138.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CRDO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CRDO is neutral. |
| ChartMill Relative Strength | 98.22 | POSITIVE | CRDO has a high relative strength, it outperformed 98.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRDO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CRDO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CRDO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.12 | NEUTRAL | The RSI value for CRDO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.67 | POSITIVE | The MACD value suggests CRDO has a positive trend. |
| Stochastics (14,3) | 62.1 | NEUTRAL | The Stochastics value for CRDO is a neutral value. |
| Average True Range in percent/ATR (20) | 7.53 | HIGH VOLATILITY | The high ATR as a percentage value for CRDO suggests high volalility. |
| Average Directional Index/ADX (14) | 17.59 | NEGATIVE | The low ADX value for CRDO suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
155.55
+4.58 (+3.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg3.03%
1 Week8.31%
2 Weeks12.04%
1 Month8.83%
3 Month53.68%
6 Month256.11%
12 Month297.01%
2 Year993.88%
3 Year1032.1%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)12.32
ATR(20)%7.53%
ATR Inc14.3%
Range Today8.88
ADR(20)10.9
ADR(20)%7.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.22
3 months CRS94.7
6 months CRS98.4
Mansfield7.29
10 Day High163.51
10 Day Low128.8
20 Day High163.51
20 Day Low128.8
52 Week High176.7
52 Week Low29.09
CS1 End144.21
CR1 StartN/A
Volume & EV
DER(3)-0.6%
DER(5)-1.63%
Volume6.05M
Volume Incr-4.51%
Vol(5)5.97M
Vol(50)5.82M
CREDO TECHNOLOGY GROUP HOLDI / CRDO FAQ
What is the technical rating for CRDO stock?
ChartMill assigns a technical rating of 10 / 10 to CRDO.
What is the trend direction for CRDO stock?
The current trend direction for CREDO TECHNOLOGY GROUP HOLDI (CRDO) is Bullish.
What is the RSI signal for CRDO stock?
CREDO TECHNOLOGY GROUP HOLDI (CRDO) has an RSI value of 56.1244. This indicates that the stock is currently neutral.
What is the MACD signal for CRDO stock?
The MACD indicator for CREDO TECHNOLOGY GROUP HOLDI (CRDO) has a value of 0.669496, indicating a bearish trend.