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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
$249.89
$19.46(8.45%)
U.S. Market opens in 49h 44m

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 Bullish (RSI: 57.01)
Trend Strength:Weak (ADX: 15.26)
Volatility:High (ATR: 23.04)
Support/Resistance:$183.76 – $253.40 (Bollinger Bands)

Technical conditions suggest Credo Technology Group Holding Ltd on the NASDAQ is awaiting a decisive move. Overall, Credo Technology Group Holding Ltd remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 57.01

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 81.61

Bearish
Overbought levels may trigger pullback.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 17.88

Strongly Bullish
Strong upside momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: -1.80

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 15.26

Weak
Weak trend, market trading sideways.

ATR (14): 23.04

Rising
Rising volatility, market activity increasing.

CCI (14): 123.91

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$253.40
Middle Band (SMA 20)
$218.58
Lower Band
$183.76
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$270.85
Middle Line (EMA 20)
$224.77
Lower Channel
$178.69
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume18.94M
Money Flow Index57.89Neutral, balanced money flows with no clear signal.
Relative Vigor Index68.82Bullish, price momentum strongly favors buyers.

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

RSI above 50 → positive momentum from buyers.

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

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

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

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