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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.

CRDONASDAQ
TechnologySemiconductors
$230.57
$4.25(1.81%)
U.S. Market opens in 62h 58m

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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: 47.77)
Trend Strength:Weak (ADX: 16.03)
Volatility:High (ATR: 21.57)
Support/Resistance:$180.53 – $284.95 (Bollinger Bands)

Technical conditions suggest Credo Technology Group Holding Ltd on the NASDAQ is awaiting a decisive move. Technical conditions suggest Credo Technology Group Holding Ltd is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 47.77

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 36.70

Bearish
Momentum remains weak below midpoint.

Williams %R: -72.90

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 5.78

Strongly Bullish
Strong upside momentum.

Takeaway:Credo Technology Group Holding Ltd shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 3.94

Bullish
Bullish, trend momentum is strengthening.

ADX: 16.03

Weak
Weak trend, market trading sideways.

ATR (14): 21.57

Rising
Rising volatility, market activity increasing.

CCI (14): -73.12

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$284.95
Middle Band (SMA 20)
$232.74
Lower Band
$180.53
Current Position
Within Bands

Takeaway:Credo Technology Group Holding Ltd trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$282.87
Middle Line (EMA 20)
$239.72
Lower Channel
$196.58
Squeeze Status
No Squeeze

Takeaway:Credo Technology Group Holding Ltd trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-376.29K
Money Flow Index53.94Neutral, balanced money flows with no clear signal.
Relative Vigor Index34.73Bearish, price momentum favors sellers.

Overall Takeaway:CRDO shows mixed signals in money flow analysis.

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

MACD above 0 → bullish trend confirmation.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

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