Credo Technology Group Holding Ltd (CRDO) Technical Analysis

🔺 Technical Setup

🎯 Decision Map

Compression note: triangle compression is around 44%, so resolution moves may become sharper as the structure tightens.

📊 Technical Summary

The latest close for Credo Technology Group Holding Ltd (CRDO) came in at 174.01 (-1.00%). Price continues to hold above both the 50-day and 200-day moving averages, which keeps the broader trend structure constructive. 20-day momentum is notably strong at +81.41%, with price is trading in the upper part of its roughly 52-week range (43.05–195.04), while ATR14 volatility is elevated at roughly 8.28% of price. RSI(14) is 61.4, which keeps short-term momentum constructive without being overly stretched. RSI has been drifting lower recently, suggesting that upside momentum may be cooling slightly. MACD remains above its signal line, which keeps the momentum structure biased to the upside. The MACD histogram remains positive, although upside momentum is not accelerating further. Recent trading volume is running below its typical 20-day average, which suggests participation remains relatively muted. From a pattern perspective, the main active signal is Double bottom. Initial downside support sits near 139.16. Holding that area would help preserve the current chart structure. Fundamentals snapshot: Revenue: 407.01M · Net income: 157.14M · EPS (basic): 0.86. The interactive chart adds overlays, pattern context and a fuller structure view for deeper review.

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