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Credo Technology Group Holding Ltd

CRDO Technical Analysis Summary (NASDAQ)

Analyze CRDO on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

CRDO●NASDAQ
TechnologySemiconductors
$192.35
$0.32(0.17%)
U.S. Market opens in 14h 22m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CRDO Technical Analysis Summary (NASDAQ)

Credo Technology Group Holding Ltd (NASDAQ: CRDO) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.48)
Trend Strength:Weak (ADX: 15.31)
Volatility:High (ATR: 13.88)
Support/Resistance:$141.52 – $212.21 (Bollinger Bands)

Technical conditions suggest Credo Technology Group Holding Ltd on the NASDAQ is awaiting a decisive move. This mix signals that Credo Technology Group Holding Ltd is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 49.48

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 75.36

Bullish
Buying momentum building without extremes.

Williams %R: -34.20

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 14.57

Strongly Bullish
Strong upside momentum.

Takeaway:Credo Technology Group Holding Ltd shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -4.38

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 15.31

Weak
Weak trend, market trading sideways.

ATR (14): 13.88

Rising
Rising volatility, market activity increasing.

CCI (14): 64.52

Bullish
Bullish, momentum building upward.

Takeaway:Credo Technology Group Holding Ltd shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$212.21
Middle Band (SMA 20)
$176.87
Lower Band
$141.52
Current Position
Within Bands

Takeaway:Credo Technology Group Holding Ltd trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$217.75
Middle Line (EMA 20)
$189.99
Lower Channel
$162.24
Squeeze Status
No Squeeze

Takeaway:Credo Technology Group Holding Ltd trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-26.18M
Money Flow Index73.43Bullish, inflows support continued momentum.
Relative Vigor Index58.02Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:CRDO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Credo Technology Group Holding Ltd (NASDAQ: CRDO), here are the key trading signals and recommendations:

Bullish Signals

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Credo Technology Group Holding Ltd are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: CRDO) Technical Analysis FAQ