Why Is Credo Technology Group Holding Ltd (NASDAQ: CRDO) Stock Down Today?
Live update on CRDO's movement on the NASDAQ, with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.
CRDO is Up +8.45% today
You might want to check out Why is CRDO Up Today?
Credo Technology Group Holding Ltd (NASDAQ: CRDO) Update
Credo Technology Group Holding Ltd (NASDAQ: CRDO) Summary
Credo Technology Group Holding Ltd (NASDAQ: CRDO) is trading up +8.45% at $249.89, reflecting a positive shift in investor sentiment today. The stock opened at $241.14 and has moved between $231.25 and $250.00 so far.
Trading volume is 4215405, which is 49% below its average, and the price action suggests buying interest.
Technically, CRDO on the NASDAQ is trading above its 50-day moving average of $234.55 and above its 200-day moving average of $166.49, indicating short-term and long-term strength.
Analyst sentiment is bullish. Meyka's AI assigns CRDO a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of -3.25% in 1 month ($241.77), -35.73% in 1 year ($160.61), and +27.66% in 5 years ($319.01).
See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the NASDAQ.
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CRDO (NASDAQ) Technical Signals
Trading over 50-day moving average ($234.55)
Trading over 200-day moving average ($166.49)
Analyst Recommendations (NASDAQ: CRDO)
Price Forecast
1 Month
$241.77
1 Year
$160.61
3 Years
$239.90
5 Years
$319.01
Is this change significant?
5-Day:+15.75%
1-Month:+1.42%
3-Month:+32.72%
What's next?
Next earnings date: 7/30/2025