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Stock Trend Analysis Report

Prepared for you on Thursday, July 18, 2024.

Credo Technology Group Holding Ltd (NASDAQ:CRDO)

Sidelines Mode (+55) - CRDO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid CRDO?

MarketClub looks at technical strength and momentum to determine if the timing is right for CRDO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_CRDO
Open High Low CRDO Price Change
30.960 31.085 28.705 29.440 -1.010
Entry Signal

MarketClub’s Trade Triangles for CRDO

long term up The long-term trend has been UP since May 30th, 2024 at 23.90

intermediate term up The intermediate-term trend has been UP since May 15th, 2024 at 18.90

short term down The short-term trend has been DOWN since Jul 17th, 2024 at 30.61

Smart Scan Analysis for CRDO

Based on our trend formula, CRDO is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for CRDO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.960 31.085 28.705 29.440 -1.010
Prev. Close Volume Bid Ask Time
30.450 1368827 2024-07-18 13:19:47
52wk High33.9652wk High Date2024-07-16
52wk Low13.3852wk Low Date2023-10-30
Average Volume2,142,989Shares Outstanding165,185
Assets601,932,000MLiabilities61,734,000M
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