Cree Inc (CREE)

79.12  -1.61 (-1.99%)

After market: 79.78 +0.66 (+0.83%)

Technical Rating and Analysis

0

Taking everything into account, CREE scores 0 out of 10 in our technical rating. CREE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
63% of all other stocks performed better in the past year than CREE.
CREE is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CREE is lagging the market.
In the last month CREE has a been trading in the 79.09 - 89.59 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
CREE has an average volume of 1448650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CREE is part of the Semiconductors & Semiconductor Equipment industry. There are 107 other stocks in this industry, CREE did better than 50% of them.
Weekly and Daily overview Charts
CREE Weekly chart
CREE Daily chart
Setup Rating and Analysis

3

The technical rating of CREE is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

77.58

102.09

We found 1 important support area.

  • A support zone ranging from 78.36 to 79.11. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 83.24 to 84.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 86.62 to 89.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @101.08 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.46
Mansfield-2.44
10 Day High87.29
10 Day Low79.09
20 Day High89.59
20 Day Low79.09
52 Week High129.9
52 Week Low60.56
Performance
1 Week-6.65%
2 Weeks-7.68%
1 Month-8.99%
3 Month-17.53%
6 Month-31.34%
12 Month23.49%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.58
RSI(14)35.6
LBB78.67
UBB90.11
CREE Daily chart

Cree Inc

NASDAQ:CREE (10/1/2021, 7:12:25 PM)

After market: 79.78 +0.66 (+0.83%)

79.12

-1.61 (-1.99%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.99%
1 Week-6.65%
2 Weeks-7.68%
1 Month-8.99%
3 Month-17.53%
6 Month-31.34%
12 Month23.49%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.73
ATR(20)%3.61%
ATR Inc
Range Today2.2
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High87.29
10 Day Low79.09
20 Day High89.59
20 Day Low79.09
52 Week High129.9
52 Week Low60.56
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.34M
Volume Incr-6.62%
Vol(5)1.26M
Vol(50)1.45M