Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Credo Technology Group Holding Ltd

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.

CRDO●NASDAQ
TechnologyCommunication Equipment
$205.00
$31.18(13.20%)
U.S. Market is Open · 15:20

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 trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.80)
Trend Strength:Weak (ADX: 19.60)
Volatility:High (ATR: 25.45)
Support/Resistance:$221.15 – $291.08 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 44.80

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 15.39

Bullish
Oversold zone signals rebound potential.

Williams %R: -87.40

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -15.75

Strongly Bearish
Sharp downside momentum.

Takeaway:Credo Technology Group Holding Ltd shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 2.39

Bullish
Bullish, trend momentum is strengthening.

ADX: 19.60

Weak
Weak trend, market trading sideways.

ATR (14): 25.45

Rising
Rising volatility, market activity increasing.

CCI (14): -148.79

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$291.08
Middle Band (SMA 20)
$256.11
Lower Band
$221.15
Current Position
Below Lower Band

Takeaway:Credo Technology Group Holding Ltd trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$298.54
Middle Line (EMA 20)
$247.63
Lower Channel
$196.72
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 Volume31.46M
Money Flow Index29.72Bearish, selling pressure outweighs inflows.
Relative Vigor Index34.80Bearish, price momentum favors sellers.

Overall Takeaway:CRDO shows bearish money flow, with sellers dominating volume and vigor.

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

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.

Technical Analysis FAQ