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Credo Technology Group Holding Ltd

CRDO•NASDAQ
Technology
Communication Equipment
$172.17
$-12.37(-6.70%)
U.S. Market opens in 37h 52m

Credo Technology Group Holding Ltd (CRDO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Credo Technology Group Holding Ltd (NASDAQ:CRDO).

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

Credo Technology Group Holding Ltd stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 50.40)
Trend Strength:Strong (ADX: 36.24)
Volatility:High (ATR: 14.46)
Support/Resistance:$165.19 – $206.11 (Bollinger Bands)

This mix signals that Credo Technology Group Holding Ltd is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 50.40

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 38.00

Bearish
Momentum remains weak below midpoint.

Williams %R: -81.94

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -4.08

Bearish
Selling pressure outweighs buying.

Takeaway:Credo Technology Group Holding Ltd shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 12.39

Bullish
Bullish, trend momentum is strengthening.

ADX: 36.24

Strong
Strong trend, momentum well established.

ATR (14): 14.46

Rising
Rising volatility, market activity increasing.

CCI (14): -84.69

Bearish
Bearish, momentum remains under pressure.

Takeaway:Credo Technology Group Holding Ltd shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$206.11
Middle Band (SMA 20)
$185.65
Lower Band
$165.19
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$207.79
Middle Line (EMA 20)
$178.86
Lower Channel
$149.94
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume38.37M
Money Flow Index49.61Neutral, balanced money flows with no clear signal.
Relative Vigor Index41.96Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:CRDO shows balanced money flow with a slight bearish tilt.

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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.

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